Stabilized 24-Unit Apartment
For Sale
$940,000
1414 SW 3RD AVE 2802 2802, Portland, OR 97071
Fully stabilized 24-unit apartment community with six two-story buildings and identically configured two-bedroom units.
Property Size1,881 SF
Lot Size1.27 Acres
Days on Market59
Property Features for 1414 SW 3RD AVE 2802 2802
General Information
Standard status
Active
Size
1,881 SF
Lot size
1.27 Acres
Property subtype
Condominium
Additional Details
Multifamily Units
24
Building Details
Building Size
1,881 SF
Year Built
1970
Year Renovated
2018
Stories
2
Listing Agency:
Constant Commercial Real Estate Inc
(503) 927-3663
Listed By:
Emily Hetrick · License #200106001
(503) 927-3663
Source:
Realestatepdx
Added: Jun 25
Changed: Aug 18
Last Checked: Aug 21 at 3:52AM
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 Constant Commercial Real Estate Inc
Investment Insights
Based on property information with market context.
Willamette Pointe Apartments is a fully stabilized 24-unit apartment community consisting of six two-story buildings. The property was built in 1970 and extensively renovated in 2018, including updated interiors, roofing, and exterior improvements.
All 24 units are identically configured with two bedrooms and one-and-a-half baths, providing a consistent management and leasing profile. Units are set up as 931 SF floor plans.
The community is located in Woodburn, Oregon, midway between Portland (30 miles) and Salem (20 miles). In-place rents average $1,737 per unit.
All 24 units are identically configured with two bedrooms and one-and-a-half baths, providing a consistent management and leasing profile. Units are set up as 931 SF floor plans.
The community is located in Woodburn, Oregon, midway between Portland (30 miles) and Salem (20 miles). In-place rents average $1,737 per unit.
Key Highlights
- Fully stabilized 24‑unit apartment community in Woodburn, built in 1970
- Six two‑story buildings on 1.27 acres
- All 24 units feature identical 2‑bedroom, 1.5‑bath layouts with 931 SF each
Property Analytics
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
4,352
Businesses Nearby
Explore this area
Business Placement
Demographics for 97071, OR
30,777
Population
10,595
Households
2.9
Avg Household Size
35
Median Age
17%
College-Educated
72%
High-School Grad
51.7 sq mi
ZIP Area
595
Density / Sq Mi
$70,130
Median Household Income
$35,927
Median Earnings
$1,382
Median Rent
$316,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully stabilized 24-unit apartment community with six two-story buildings and identically configured two-bedroom units.
Where is this apartment building located?
The property is located at 1414 SW 3RD AVE 2802 2802 Portland, OR.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: Fully stabilized 24‑unit apartment community in Woodburn, built in 1970; Six two‑story buildings on 1.27 acres; All 24 units feature identical 2‑bedroom, 1.5‑bath layouts with 931 SF each
