Portland Multifamily Investment
For Sale
Contact for pricing
12920 SE Powell Blvd, Portland, OR 97236
Well-maintained apartment building with strong income and recent improvements.
Property Size13,588 SF
Days on Market269
Property Features for 12920 SE Powell Blvd
General Information
Standard status
Active
Size
13,588 SF
Property subtype
Multifamily
Zoning
RM1
Building Details
Building Size
13,588 SF
Year Built
1964
Listing Agency:
Macadam Forbes
(503) 972-7287
Listed By:
Cooper Collins · License #OR #201250793
Source:
Macadamforbes
Added: Nov 25, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:27AM
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 Macadam Forbes
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Strong in‑place income
- Recent capital improvements
- Washer/Dryer hookups in most units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
723
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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
