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    12920 SE Powell Blvd Portland, OR 97236

    For Sale
    Contact for pricing

    Well-maintained apartment building with strong income and recent improvements.

    Property Features for 12920 SE Powell Blvd

    General Information

    Zoning
    RM1

    Building Details

    Year built
    1964

    Source: Cooper Collins Agent Cooper Collins

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

    Overview

    Portland Multifamily Investment Opportunity

    This well-maintained property offers strong in-place income, consistent occupancy, and benefits from recent capital improvements. Most units have been renovated and include washer and dryer hookups, supporting top-of-market rents. New ownership will benefit from stabilized expenses following recent years of capital investment. The Heather Lane Apartments are located in Portland’s Powellhurst-Gilbert neighborhood, a primarily residential area in outer Southeast Portland with good access to SE Powell Blvd, I-205, and nearby parks like Powell Butte. The corridor features a mix of retail and multifamily uses, offering strong connectivity and moderate transit access, with long-term upside tied to ongoing reinvestment along the Powell corridor.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.5309814
    Latitude
    45.4967163

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained apartment building with strong income and recent improvements.
    Where is this apartment building located?
    The property is located at 12920 SE Powell Blvd Portland, OR.
    What are key features of this property?
    This property features: - Strong in-place income; - Recent capital improvements; - Washer/Dryer hookups in most units
    (503) 972-7287
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    12920 SE Powell Blvd Portland, OR 97236
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    Portland, OR 97236
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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
    12920 SE Powell Blvd Portland, OR 97236
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