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Mixed-Use Property with 12-Unit Apartments
For Sale
$6,750,000

13370 NW WESTLAWN Ter, Portland, OR 97229

MultiFamily, Portland, OR

Property Size9,840 SF
Lot Size1.82 Acres
Price / SF$685.98
Days on Market108

Property Features for 13370 NW WESTLAWN Ter

General Information

Property type Residential Multi Family
Property subtype Other
Zoning TO: BUS
Bedrooms 13
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 8, Bedroom 7, Bedroom 12, Bathroom 7, Bathroom 2, Bathroom 4, Bedroom 2, Bedroom 9, Bedroom 1, Bathroom 8, Bathroom 5, Bedroom 10, Bedroom 11, Bedroom 13, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 4, Bathroom 6
Subdivision Sunset
Elementary school Terra Linda
Middle school Tumwater
High school Sunset
Directions Entrance to Apartments: NW Cornell Blvd to North on NW Trail Ave and East on NW Westlawn Terrace
Standard status Active
APN R971540
Size 9,840 SF
Lot size 1.82 Acres

Taxes and HOA fees

Tax Description ACRES 1.82
Tax Annual Amount 69257
Legal Description ACRES 1.82

Utilities

Heating system Baseboard

Building Details

Year built 1980
Floors in Building 2
Number of units 12
Roof type Composition
Listing Agency: Where, Inc.
Listed By: Suzann Baricevic Murphy · License #860700098
Added: May 6 Changed: Aug 19 Last Checked: Aug 21 at 7:06AM
MLS# 533538331

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Mixed-use investment property offering two income components: a 22,000SF+ commercial office building and a 12-unit apartment building. Apartments are fully occupied, and the office space is 100% occupied. The property sits on a 1.82-acre lot and was built in 1980. Heating is baseboard, and the roof is composition.

Located at 13370 NW Westlawn Ter in Portland, OR 97229, in an SW Washington county location, the site is zoned TO: BUS.

With both multifamily and office tenants in place, the property provides a combined residential and commercial ownership structure under one roof.

Key Highlights

  • 22,000SF+ commercial office building on‑site
  • 12‑unit apartment building fully occupied
  • Office space 100% occupied

Property Analytics

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

774
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied 12-unit apartments paired with a commercial office building on a mixed-use site.
Where is this mixed-use property 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: 22,000SF+ commercial office building on‑site; 12‑unit apartment building fully occupied; Office space 100% occupied
More about this property
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