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Mixed-Use Office and Apartment Property
For Sale
$6,750,000

13370 NW WESTLAWN TER, Portland, OR 97229

A solid-condition mixed-use asset with a fully occupied office building and fully occupied 12-unit apartment building.

Property Size9,840 SF
Days on Market154

Property Features for 13370 NW WESTLAWN TER

General Information

Standard status Active
Size 9,840 SF
Total Parking Spaces 25
Property subtype Residential Income
Zoning TO: BUS
Occupancy 100%
Net Operating Income $337,712

Additional Details

Multifamily Units 12

Taxes and HOA fees

Annual Taxes $69,256

Amenities

Baseboard
Crawl Space
Driveway

Building Details

Building Size 9,840 SF
Year Built 1980
Stories 2
Listing Agency: WHERE, INC.
Listed By: Suzann Baricevic Murphy · License #860700098
Source: Evrealestate
Added: May 6 Changed: Sep 22 Last Checked: Oct 5 at 5:15PM

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 WHERE, INC.

Investment Insights

Based on property information with market context.

This offering combines a 22,000+ SF commercial office building with a 12-unit apartment building. The property is described as being in solid condition and is presented as an investor opportunity. The apartments are fully occupied, and the office space is reported to be 100% occupied. Offers are to be written subject to interior inspection.

The property is located in Washington County in the southwest area of the region, with the full address listed as 13370 NW Westlawn Terrace. The seller notes that both buildings are currently occupied and requests that tenants not be disturbed.

For investors or owner-operators seeking a diversified income stream within one investment, this mixed-use setup provides both residential units and commercial office space under the same ownership. With the apartments fully occupied and the office reported as 100% occupied, the property may appeal to buyers looking to acquire a stabilized asset. The remark that it is the original owners’ first time on the market highlights the current nature of the offering. Interior access will be subject to inspection terms as part of the offer process.

Key Highlights

  • Mixed‑use property includes a 22,000+ SF commercial office building and a 12‑unit apartment building
  • Apartments are fully occupied
  • Office building is 100% occupied

Property Analytics

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Current Use

Westlawn Terrace Apartment Complex

Suggested Use

Top Pick Law Firm Auto Repair Shop Auto Parts Store HVAC Service Electrical Service Parking Lot & Garage

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

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby

Demographics for 97229, OR

73,602
Population
28,312
Households
2.6
Avg Household Size
38
Median Age
69%
College-Educated
98%
High-School Grad
19.7 sq mi
ZIP Area
3,736
Density / Sq Mi
$159,863
Median Household Income
$83,904
Median Earnings
$1,948
Median Rent
$728,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - A solid-condition mixed-use asset with a fully occupied office building and fully occupied 12-unit apartment building.
Where is this apartment building located?
The property is located at 13370 NW WESTLAWN TER Portland, OR.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Mixed‑use property includes a 22,000+ SF commercial office building and a 12‑unit apartment building; Apartments are fully occupied; Office building is 100% occupied
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