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Updated Four-Unit Quadplex
For Sale
$754,900

14330 SE POWELL BLVD, Portland, OR 97236

Income property with sustained occupancy, recent exterior improvements, on-site laundry, and convenient access to transportation and retail services.

Property Size3,444 SF
Days on Market87

Property Features for 14330 SE POWELL BLVD

General Information

Standard status Active
Size 3,444 SF
Total Parking Spaces 8
Property subtype MULTI_FAMILY
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Units

Multifamily Units 4
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $7,372

Amenities

laundry building

Building Details

Building Size 3,444 SF
Year Built 1967
Listing Agency: Owl's Nest Realty
Listed By: Robert Thompson · License #201225247
Source: Eleeterealestate
Added: Jul 22 Changed: Oct 13 Last Checked: Oct 15 at 8:36AM

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 Owl's Nest Realty

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Investment Insights

Based on property information with market context.

This four-unit residential income property contains 3,444 square feet and was built in 1967. The roof and exterior paint were completed in 2023, while individual units have received work including bathroom flooring, plumbing, fixtures, and flooring. Unit 1 features new laminate flooring throughout and updated kitchen countertops. A separate laundry building serves the property, and each unit has two parking spaces in front.

The property is located at 14330 SE Powell Blvd in Portland, with access to the freeway, shopping, and a bus line. Occupancy has remained at 100% for over 10 years. City construction and sidewalk work are underway in the surrounding area.

Key Highlights

  • Four‑unit property with 100% occupancy for over 10 years
  • 3,444 square feet; built in 1967
  • Roof replacement and exterior painting completed in 2023

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,994
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,880 $959.9K
Cap Rate 7%
$685,629 $685.6K
Cap Rate 9%
$533,267 $533.3K
Market Conditions
NOI Build-Up for 3,444 SF
Gross rent
$72.3K $21.00/SF
− Vacancy
−$3.8K −$1.09/SF
EGI
$68.6K $19.91/SF
− OpEx
−$20.6K −$5.97/SF
NOI
$48.0K $13.94/SF
Area
Portland, OR
Vacancy
5.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,880
Cap Rate 7%
$685,629
Cap Rate 9%
$533,267

Alternative Uses

Best Use
Multifamily LT 5
$685.6K
$599.9K – $799.9K (±1% cap)
NOI $47,994 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$631.7K
$552.8K – $737.0K (±1% cap)
NOI $44,221 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$967.2K
$846.3K – $1.13M (±1% cap)
NOI $67,701 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Warner Cleaning Service (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Parking Lot & Garage Hair Salon Skin Care Clinic

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

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

398
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Income property with sustained occupancy, recent exterior improvements, on-site laundry, and convenient access to transportation and retail services.
Where is this quadplex located?
The property is located at 14330 SE POWELL BLVD Portland, OR.
What is the asking price?
The asking price for this property is $754,900.
What are key features of this property?
This property features: Four‑unit property with 100% occupancy for over 10 years; 3,444 square feet; built in 1967; Roof replacement and exterior painting completed in 2023
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