12920 SE Powell Blvd Portland, OR 97236
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:
Macadamforbes
Listing 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
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