Updated Four-Unit Multifamily
For Sale
$769,000
14330 SE POWELL Blvd, Portland, OR 97236
MultiFamily, Portland, OR
Property Size3,444 SF
Lot Size0.32 Acres
Price / SF$223.29
Days on Market58
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
Bathroom 3, Bedroom 7, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 8, Bedroom 4, Bathroom 1, 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) 597-2444
Added: Jul 22
Changed: Sep 17
Last Checked: Sep 17 at 11:06AM
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.
This four-unit multifamily property contains 3,444 square feet on a 0.32-acre lot and was built in 1967. Recent work includes a 2023 rubber roof, 2023 exterior paint, and improvements to individual residences involving bathroom flooring, plumbing, fixtures, and flooring. Unit 1 also features new laminate flooring throughout and updated kitchen countertops.
Each residence has two parking spaces in front of the building, while a separate laundry structure is positioned at the rear. The property has maintained full occupancy for more than 10 years. MR3 zoning is in place, and the front portion of the site may offer an opportunity for additional construction, subject to applicable approvals. The property is near freeway access, shopping, and a bus line.
Each residence has two parking spaces in front of the building, while a separate laundry structure is positioned at the rear. The property has maintained full occupancy for more than 10 years. MR3 zoning is in place, and the front portion of the site may offer an opportunity for additional construction, subject to applicable approvals. The property is near freeway access, shopping, and a bus line.
Key Highlights
- Four‑unit property with 3,444 square feet on 0.32 acres
- 100% occupancy maintained for over 10 years
- 2023 rubber roof and exterior paint updates
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,994
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$959,880
$959.9K
Cap Rate 7%
$685,629
$685.6K
Cap Rate 9%
$533,267
$533.3K
Market Conditions
NOI Build-Up for 3,444 SF
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.
Gross rent
$72.3K $21.00/SF
− Vacancy
−$3.8K −$1.09/SF
EGI
$68.6K $19.91/SF
− OpEx
−$20.6K −$5.97/SF
NOI
$48.0K $13.94/SF
Area
Portland, OR
Vacancy
5.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$959,880
Cap Rate 7%
$685,629
Cap Rate 9%
$533,267
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
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Income property with on-site laundry and dedicated parking for each residence.
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: Four‑unit property with 3,444 square feet on 0.32 acres; 100% occupancy maintained for over 10 years; 2023 rubber roof and exterior paint updates
