Building Details

Year Built 2025

Buildings 3

Stories 3

Units 18

Listing Agency: Commercial Integrity, NW

Listed By: Ben Murphy · License #201208978

Source: Crexi

Added: Feb 2 Changed: Aug 8 Last Checked: Aug 20 at 11:26AM

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Investment Insights

Based on property information with market context.

The property features 3-bedroom, 3-bathroom townhomes with condo-quality finishes, private fenced yards, and attached garages. There are 18 units, with an average unit size of 1,431 square feet, which includes the garage. The average rent is $2,645 per month. Built in 2025, the property currently has 14 out of 18 units leased, resulting in a 78% occupancy rate. The capitalization rate is 5.7%.

Key Highlights

• Condo‑quality finishes
• Private fenced yards
• Attached garage

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Big Box & Wholesale Store 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.

Location Intelligence

Trade Area within ½ mile

381

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - New 3-bed, 3-bath townhomes with condo-quality finishes and garages.

Where is this apartment building located?

The property is located at 15065 SE Division St Portland, OR.

What is the asking price?

The asking price for this property is $6,160,000.

What are key features of this property?

This property features: Condo‑quality finishes; Private fenced yards; Attached garage