20-Unit Apartment Building with
New
For Sale
$2,750,000
12231 SE BUSH ST, Portland, OR 97236
Uniform two-bedroom layouts include private outdoor space, storage, parking, and in-unit laundry.
Property Size20,000 SF
Days on Market4
Property Features for 12231 SE BUSH ST
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Multi Family
Units
Unit Mix
20 x 2BR/2BA
Multifamily Units
20
Taxes and HOA fees
Annual Taxes
$31,229
Amenities
on-site parking
deck or patio space
storage
in-unit washer and dryer
Building Details
Building Size
20,000 SF
Year Built
2009
Listing Agency:
SMI Commercial Real Estate LLC
Listed By:
Jude Soldati · License #201244226
(503) 799-4264
Source:
Tripleoaksrealty
Added: Sep 15
Changed: Sep 16
Last Checked: Sep 18 at 3:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SMI Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
The Shire II is a 20-unit apartment complex built in 2009 in Southeast Portland. The property offers a consistent mix of two-bedroom, two-bath apartments averaging approximately 1,000 square feet. Each residence includes a deck or patio, storage, and an in-unit washer and dryer, while on-site parking serves the community. Copper plumbing and newer construction provide notable physical characteristics for the asset.
The property is located near commercial corridors, neighborhood amenities, and major transportation routes connecting Southeast Portland with the broader eastside and Portland metro area. Its uniform layouts and practical resident amenities create a consistent operating profile across the unit mix.
The property is located near commercial corridors, neighborhood amenities, and major transportation routes connecting Southeast Portland with the broader eastside and Portland metro area. Its uniform layouts and practical resident amenities create a consistent operating profile across the unit mix.
Key Highlights
- 20‑unit apartment complex built in 2009
- Uniform mix of 2 Bed / 2 Bath apartments averaging approximately 1,000 square feet
- Every unit includes a deck or patio, storage, and in‑unit washer and dryer
Property Analytics
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Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
Explore this area
Business Placement
Demographics for 97236, OR
40,193
Population
13,736
Households
2.9
Avg Household Size
36
Median Age
21%
College-Educated
81%
High-School Grad
7.7 sq mi
ZIP Area
5,220
Density / Sq Mi
$68,582
Median Household Income
$38,131
Median Earnings
$1,436
Median Rent
$414,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Uniform two-bedroom layouts include private outdoor space, storage, parking, and in-unit laundry.
Where is this apartment building located?
The property is located at 12231 SE BUSH ST Portland, OR.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 20‑unit apartment complex built in 2009; Uniform mix of 2 Bed / 2 Bath apartments averaging approximately 1,000 square feet; Every unit includes a deck or patio, storage, and in‑unit washer and dryer
