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    3039 N Williams Ave Portland, OR 97227

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    For Sale
    $2,224,000

    Mixed-use property with commercial and residential units in Portland, OR.

    Property size:
    13,362 SF
    Lot size:
    0.11 Acres

    Property Features for 3039 N Williams Ave

    General Information

    Size
    13,362 SF
    Lot size
    0.11 Acres

    Source: Commercial Real Estate NW Agent Marissa Lee

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Income Potential

    This mixed-use property features two commercial units with abundant basement storage, alongside seven residential units. The residential component includes six 1-bedroom, 1-bathroom units, and one 2-bedroom, 1.5-bathroom unit with a rooftop terrace. The property benefits from ample street parking and convenient transportation access. Traffic counts exceed 7,910 cars per day, complemented by significant bicycle traffic. Secure, gated access is provided for trash, recycling, and bike storage. The property has a Walk Score of 92 and a Bike Score of 100. There is potential for billboard income from the northbound traffic-facing wall. The property size is 13,362 square feet. Below-average market apartment rents offer an opportunity for increased revenue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.66696
    Latitude
    45.5452057

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial and residential units in Portland, OR.
    Where is this mixed-use property located?
    The property is located at 3039 N Williams Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $2,224,000.
    What are key features of this property?
    This property features: - Seven residential units (six 1bd/1ba + one 2bd/1.5ba w/rooftop terrace) and two commercial units.; - Enjoy a **High Walk Score of 92 and a Bike Score of 100**.; - Below average market apartment rents offer upside.
    (503) 309-5106
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    3039 N Williams Ave Portland, OR 97227
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    Portland, OR 97227
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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
    3039 N Williams Ave Portland, OR 97227
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