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4-Unit Quadplex with Laundry
For Sale
$754,900

14330 SE POWELL BLVD, Portland, OR 97236

Eight front parking spaces, a separate rear laundry building, and a record of full occupancy distinguish the property.

Property Size3,444 SF
Price / SF$219.19
Days on Market104

Property Features for 14330 SE POWELL BLVD

General Information

Standard status Active
Size 3,444 SF
Property subtype MULTI_FAMILY
Occupancy 100%

Site & Location

Neighborhood Powellhurst-Gilbert
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: Woodlandwa
Added: Jul 22 Changed: Nov 1 Last Checked: Nov 1 at 4:02PM

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

Rey
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Investment Insights

Based on property information with market context.

This 3,444-square-foot quadplex was built in 1967 and includes a separate laundry building behind the main structure. All four units have been occupied for more than a decade. The roof and exterior paint were updated in 2023, and unit work has included bathroom flooring, plumbing, fixtures, and floors. Unit 1 also has laminate flooring throughout and replacement kitchen countertops.

Each unit has two parking spaces in front. The property is near a freeway, shopping, and a bus line.

Key Highlights

  • Four‑unit property with 3,444 square feet; built in 1967
  • All units occupied for more than 10 years
  • Roof and exterior paint updated 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

Who owns this building? See the owner, sales and loan history
Open Analytics

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 - Eight front parking spaces, a separate rear laundry building, and a record of full occupancy distinguish the property.
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 3,444 square feet; built in 1967; All units occupied for more than 10 years; Roof and exterior paint updated in 2023
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