Fourplex with 2023
For Sale
$769,000
14330 SE POWELL Blvd, Portland, OR 97236
MULTI_FAMILY - Portland, OR
Property Size3,444 SF
Lot Size0.32 Acres
Price / SF$223.29
Days on Market12
Property Features for 14330 SE POWELL Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MR3
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 1, Bathroom 4, Bedroom 8, Bathroom 3, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 1
Elementary school
Pleasant Valley
Middle school
Centennial
High school
Centennial
Directions
SE Powell and SE 143rd Ave
Subdivision
_143
Standard status
Active
APN
R334824
Size
3,444 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Description
SECTION 12 1S 2E, TL 6000 0.32 ACRES
Tax Annual Amount
7372
Legal Description
SECTION 12 1S 2E, TL 6000 0.32 ACRES
Utilities
Heating system
Baseboard
Amenities
laundry building
Building Details
Year built
1967
Floors in Building
1
Number of units
4
Roof type
Rubber
Listing Agency:
Owl's Nest Realty
(503) 729-9477
Listed By:
Robert Thompson · License #201225247
(503) 729-9477
Added: Jul 22
Changed: Aug 2
Last Checked: Aug 2 at 3:06PM
MLS# 377500895
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Fourplex at 14330 SE Powell Blvd, Portland, OR 97236 featuring 0.32 acres and approximately 3,444 square feet. The property was built in 1967 and is heated with baseboard. The roof was replaced in 2023, and exterior paint was completed in 2023. Over the years, multiple unit-level updates have been made, including bathroom floors and plumbing, bathroom fixtures and floors, and kitchen updates such as new countertops. Unit #1 includes brand new laminate flooring throughout and new kitchen countertops.
The site provides two parking spaces in front of each unit. A dedicated laundry building is located at the back of the property. There may be potentially buildable area at the front of the building. Convenient access to the freeway, shopping, and a bus line is described in the remarks, with city work and sidewalk activity noted.
Zoned MR3, this fourplex configuration offers an on-site living and laundry setup with parking directly in front of each unit.
The site provides two parking spaces in front of each unit. A dedicated laundry building is located at the back of the property. There may be potentially buildable area at the front of the building. Convenient access to the freeway, shopping, and a bus line is described in the remarks, with city work and sidewalk activity noted.
Zoned MR3, this fourplex configuration offers an on-site living and laundry setup with parking directly in front of each unit.
Key Highlights
- 100% occupancy for over ten years
- Roof replaced in 2023 and exterior paint completed in 2023
- Two parking spaces in front of each unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.3k | $21.00 |
| − Vacancy | −$3.8k | −$1.09 |
| EGI | $68.6k | $19.91 |
| − OpEx | −$20.6k | −$5.97 |
| NOI | $48.0k | $13.94 |
3,444 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$685.6K
$599.9K – $799.9K
NOI $47,994 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$631.7K
$552.8K – $737.0K
NOI $44,221 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$967.2K
$846.3K – $1.13M
NOI $67,701 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
Explore this area
Business Placement
Demographics for 97236, OR
40,193
Population
13,736
Households
2.9
Avg Household Size
36
Median Age
21%
College-Educated
81%
High-School Grad
7.7 sq mi
ZIP Area
5,220
Density / Sq Mi
$68,582
Median Household Income
$38,131
Median Earnings
$1,436
Median Rent
$414,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - MR3 zoned fourplex with 100% occupancy for over ten years and two parking spaces per unit.
Where is this quadplex located?
The property is located at 14330 SE POWELL Blvd Portland, OR.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: 100% occupancy for over ten years; Roof replaced in 2023 and exterior paint completed in 2023; Two parking spaces in front of each unit
