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CM2 Quadplex with Commercial Space
For Sale
$645,000

8325 SE DIVISION St, Portland, OR 97266

MULTI_FAMILY - Portland, OR

Property Size5,500 SF
Lot Size0.15 Acres
Price / SF$117.27
Days on Market82

Property Features for 8325 SE DIVISION St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CM2
Bedrooms 5
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 5, Bathroom 6, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3
Elementary school Harrison Park
Middle school Harrison Park
High school Leodis McDaniel
Directions 82nd Ave to Division
Subdivision _143
Standard status Active
APN R332236
Size 5,500 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description SECTION 04 1S 2E, TL 7000 0.15 ACRES
Tax Annual Amount 5659
Legal Description SECTION 04 1S 2E, TL 7000 0.15 ACRES

Utilities

Heating system Forced Air

Building Details

Year built 1930
Floors in Building 2
Number of units 5
Listing Agency: Elite Realty & Associates LLC
Listed By: Connie Brockway · License #201210511
Added: Jun 16 Changed: Aug 17 Last Checked: Sep 5 at 1:06PM
MLS# 539084810

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 1930 two-building property contains four rented apartment units along with 1,431 square feet of office or retail area at street level. The first building also includes approximately 1,000 square feet of basement space, while the second building has a smaller basement. Forced-air heating serves the property.

The 5,500-square-foot property occupies 0.15 acres and is zoned CM2. The improvements are offered in as-is condition and require renovation. Attached development plans provide additional information regarding a potential redevelopment concept. The purchase includes both buildings, with access coordinated by appointment because the apartments are occupied.

Key Highlights

  • Four rented apartment units across two buildings
  • 1,431 square feet of street‑level office or retail space
  • Approximately 1,000 square feet of basement space in the first building

Property Analytics

Current Use

Mini Flea Market (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Barber Shop Electrical Service Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

895
Businesses Nearby

Demographics for 97266, OR

36,095
Population
13,863
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
5,917
Density / Sq Mi
$71,791
Median Household Income
$39,856
Median Earnings
$1,532
Median Rent
$420,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two-building property combines four apartments with street-level commercial space.
Where is this quadplex located?
The property is located at 8325 SE DIVISION St Portland, OR.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Four rented apartment units across two buildings; 1,431 square feet of street‑level office or retail space; Approximately 1,000 square feet of basement space in the first building
More about this property
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