Downtown Mixed-Use Apartment and
For Sale
Contact for pricing
Pending
1880 SW 5th Ave, Portland, OR 97201
56-unit mixed-use property with two ground-floor retail spaces, including one currently available for lease.
Property SizeContact for details
Days on Market121
Property Features for 1880 SW 5th Ave
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Multifamily Units
56
Listing Agency:
HFO Investment Real Estate
(503) 241-5541
Listed By:
Lee Fehrenbacher · License #OR 201211084
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 9 at 12:48PM
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 HFO Investment Real Estate
Investment Insights
Based on property information with market context.
Westfal Apartments is a 56-unit mixed-use asset featuring one-bedroom flats and two ground-floor retail spaces, one of which is currently available for lease. The residential units are described as one-bedroom flats with well-maintained vintage character.
The property is centrally located in downtown Portland and is adjacent to the Portland State University campus. It is immediately serviced by the MAX light rail, with service located immediately outside the building.
For tenants and customers looking for a downtown presence, the ground-floor retail component provides street-level space alongside the apartment community.
The property is centrally located in downtown Portland and is adjacent to the Portland State University campus. It is immediately serviced by the MAX light rail, with service located immediately outside the building.
For tenants and customers looking for a downtown presence, the ground-floor retail component provides street-level space alongside the apartment community.
Key Highlights
- 56‑unit mixed‑use property in downtown Portland with two ground‑floor retail spaces
- One of the ground‑floor retail spaces is currently available for lease
- Apartments are mostly one‑bedroom flats
Property Analytics
Current Use
Lease Details
56
Residential units
Location Intelligence
Trade Area within ½ mile
6,754
Businesses Nearby
Explore this area
Business Placement
Demographics for 97201, OR
17,352
Population
10,748
Households
1.6
Avg Household Size
34
Median Age
67%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
9,133
Density / Sq Mi
$67,074
Median Household Income
$48,101
Median Earnings
$1,565
Median Rent
$648,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 56-unit mixed-use property with two ground-floor retail spaces, including one currently available for lease.
Where is this apartment building located?
The property is located at 1880 SW 5th Ave Portland, OR.
What are key features of this property?
This property features: 56‑unit mixed‑use property in downtown Portland with two ground‑floor retail spaces; One of the ground‑floor retail spaces is currently available for lease; Apartments are mostly one‑bedroom flats
