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Updated Four-Unit Multifamily Property
For Sale
$754,900

14330 SE POWELL Blvd, Portland, OR 97236

MultiFamily, Portland, OR

Property Size3,444 SF
Lot Size0.32 Acres
Price / SF$219.19
Days on Market103

Property Features for 14330 SE POWELL Blvd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MR3
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 8, Bathroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 4, Bedroom 3
Elementary school Pleasant Valley
Middle school Centennial
High school Centennial
Directions SE Powell and SE 143rd Ave
Subdivision _143
Standard status Active
APN R334824
Size 3,444 SF
Lot size 0.32 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description SECTION 12 1S 2E, TL 6000 0.32 ACRES
Tax Annual Amount 7372
Legal Description SECTION 12 1S 2E, TL 6000 0.32 ACRES

Utilities

Heating system Baseboard

Amenities

laundry building

Building Details

Year built 1967
Floors in Building 1
Number of units 4
Roof type Rubber
Listing Agency: Owl's Nest Realty
Listed By: Robert Thompson · License #201225247
Added: Jul 22 Changed: Nov 1 Last Checked: Nov 1 at 12:06PM
MLS# 377500895

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.

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Investment Insights

Based on property information with market context.

This four-unit multifamily property contains 3,444 square feet on a 0.32-acre lot and was built in 1967. Recent work includes a 2023 rubber roof, 2023 exterior paint, and improvements to individual residences involving bathroom flooring, plumbing, fixtures, and flooring. Unit 1 also features new laminate flooring throughout and updated kitchen countertops.

Each residence has two parking spaces in front of the building, while a separate laundry structure is positioned at the rear. The property has maintained full occupancy for more than 10 years. MR3 zoning is in place, and the front portion of the site may offer an opportunity for additional construction, subject to applicable approvals. The property is near freeway access, shopping, and a bus line.

Key Highlights

  • Four‑unit property with 3,444 square feet on 0.32 acres
  • 100% occupancy maintained for over 10 years
  • 2023 rubber roof and exterior paint updates

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 - Income property with on-site laundry and dedicated parking for each residence.
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 on 0.32 acres; 100% occupancy maintained for over 10 years; 2023 rubber roof and exterior paint updates
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