Search
Interconnected Office Buildings with Brick Interiors
For Sale
Contact for pricing

411-421 SW 2nd Avenue, Portland, OR 97204

Four-story office property with a finished basement, distinctive architectural details, and full occupancy across five tenants.

Property SizeContact for details
Days on Market145

Property Features for 411-421 SW 2nd Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency: Kidder Mathews Portland
Listed By: David Hill · License #OR 871000083
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:00PM

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 Kidder Mathews Portland

Investment Insights

Based on property information with market context.

This office property comprises two connected buildings totaling 37,684 SF of rentable area. The four-story configuration includes a finished basement and accommodates five tenants. Interior character includes exposed brick, heavy timber beams, high open ceilings, and abundant daylight from skylights and windows.

The property is located at 411-421 SW 2nd Avenue in Portland’s CBD, within the Tech Triangle. The asset is 100% leased, providing an occupied office configuration in an established central business setting.

Key Highlights

  • 37,684 SF of rentable office area across two interconnected buildings
  • Four stories plus a finished basement
  • 100% leased to five tenants

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Tanning Salon Buffet Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion 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.

Location Intelligence

Trade Area within ½ mile

12,961
Businesses Nearby

Demographics for 97204, OR

1,001
Population
441
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
90%
High-School Grad
0.2 sq mi
ZIP Area
5,005
Density / Sq Mi
$16,875
Median Earnings
$783
Median Rent

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Four-story office property with a finished basement, distinctive architectural details, and full occupancy across five tenants.
Where is this office building located?
The property is located at 411-421 SW 2nd Avenue Portland, OR.
What are key features of this property?
This property features: 37,684 SF of rentable office area across two interconnected buildings; Four stories plus a finished basement; 100% leased to five tenants
(503) 724-3540 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message