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Townhome Apartment Community
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Pending

13145 SE Division St, Portland, OR 97236

Fully rented 29-unit townhouse community with in-unit washer and dryer and separate electrical meters.

Property Size27,842 SF
Lot Size1.50 Acres
Days on Market480

Property Features for 13145 SE Division St

General Information

Standard status Pending
Size 27,842 SF
Total Parking Spaces 49
Lot size 1.50 Acres
Property subtype Multifamily
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 29

Building Details

Year Built 1972
Tenancy Multi
Listing Agency: John L. Scott - Portland
Listed By: Douglas Landers · License #200903041
Source: Crexi
Added: Apr 11, 2025 Changed: Jul 20 Last Checked: Jul 24 at 3:25PM

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 John L. Scott - Portland

Investment Insights

Based on property information with market context.

Camelia Townhouse Apartments is a 29-unit townhouse community built in 1972, spread across six buildings on 1.5 acres. The property is fully rented and designed around townhome layouts, with updates over the years including new kitchen cabinets, flooring, and newer vinyl windows in most apartments. Each unit includes its own washer and dryer, and every apartment is on a separate electrical meter.

All six buildings have new roofs installed in 2019. The mix includes 25 two-bedroom, 1.5-bath townhomes and 4 three-bedroom, 1.5-bath townhomes. Each townhome includes a dedicated parking space, plus 20 overflow spaces, supporting resident parking needs.

Located on a bus line and close to multiple parks, local services, shopping, and restaurants, the community offers day-to-day convenience for residents. The property is presented for sale as an income-producing multifamily investment with below-market rents noted in the remarks.

Key Highlights

  • Fully rented Camelia Townhouse Apartments built in 1972 with 29 units in 6 buildings on 1.5 acres
  • Unit mix: 25 two‑bedroom 1.5‑bath apartments at 930 SF and 4 three‑bedroom 1.5‑bath apartments at 1,148 SF
  • Each apartment has its own washer & dryer and a separate electrical meter

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Big Box & Wholesale Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

29
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

790
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully rented 29-unit townhouse community with in-unit washer and dryer and separate electrical meters.
Where is this apartment building located?
The property is located at 13145 SE Division St Portland, OR.
What are key features of this property?
This property features: Fully rented Camelia Townhouse Apartments built in 1972 with 29 units in 6 buildings on 1.5 acres; Unit mix: 25 two‑bedroom 1.5‑bath apartments at 930 SF and 4 three‑bedroom 1.5‑bath apartments at 1,148 SF; Each apartment has its own washer & dryer and a separate electrical meter
More about this property
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