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    2047 SW 10Th Ave Portland, OR 97201

    For Sale
    $995,000

    MULTI_FAMILY - Portland, OR

    Property size:
    3,350 SF
    Lot size:
    0.19 Acres
    Days on Market:
    167
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 2047 SW 10Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RM4
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 7, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 2, Bathroom 4
    Bedrooms
    7
    APN
    R127353
    Size
    3,350 SF
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Radiant
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1912
    Floors in Building
    3
    Number of units
    5
    Roof type
    Composition

    John L. Scott (503) 230-8600 [email protected]

    Listing agent Doug Landers (503) 230-8600

    Listing date Jun 30, 2025

    MLS# 589908567 Listing URL

    Copyright © 2025 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.

    Overview

    Portland Multifamily Building with Views

    This five-unit building, constructed in 1912, offers city views and is located near the PSU campus. The property is zoned RM4, which allows for high-density, multi-dwelling construction of up to 30 units. The building features a mix of studio, one, two, and three-bedroom units with a consistent rental history. Main floor units include hardwood floors, period built-ins, a large front porch, and patio access. The roof and boiler are newer. Laundry machines are located in the basement. The garage is currently used for storage and is not rented. The lot size is 0.19 acres, and the property size is 3350 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.688243
    Latitude
    45.509283

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    FAQs

    What type of property is this?
    Apartment building - Five-unit building near PSU with development potential.
    Where is this apartment building located?
    The property is located at 2047 SW 10Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - High-density zoning (RM4) allows for potential development of up to 30 units.; - Consistent rental history as an investment property.; - Prime location close to PSU campus and central city.
    (503) 230-8600
    Request Owner's contact information
    2047 SW 10Th Ave Portland, OR 97201
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    Portland, OR 97201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2047 SW 10Th Ave Portland, OR 97201
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