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Unfinished Senior Housing Property
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15990 SW 133rd Ave, Portland, OR 97224

Three-level structure includes an elevator shaft and parking capacity both indoors and outdoors.

Property Size9,052 SF
Price / SF$85.56
Days on Market155

Property Features for 15990 SW 133rd Ave

General Information

Standard status Active
Size 9,052 SF
Property subtype Mixed Use, Multifamily, Senior Living, Special Purpose
Zoning R6
Investment Type Owner/User

Building Details

Year Built 2009
Buildings 1
Stories 3
Listing Agency: Berkshire Hathaway HomeServices Northwest Real Estate Portland
Listed By: Christopher Kelly · License #OR 930300187
Source: Crexi
Added: Mar 30 Changed: Aug 31 Last Checked: Aug 31 at 12:08AM

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 Berkshire Hathaway HomeServices Northwest Real Estate Portland

Investment Insights

Based on property information with market context.

This unfinished three-level property contains 9,052 square feet of building area plus 2,700 square feet of garage space. Construction began in 2009 as a family residence but was not completed. An existing elevator shaft provides a vertical connection between all three levels, and the property includes parking within the garage as well as outside the structure.

The property is zoned R6. Washington County has conditionally approved six additional units, with supporting documentation available for review. The existing configuration and unfinished status support consideration of senior housing, residential care, memory care, or a multigenerational residence, subject to applicable approvals and completion requirements.

Key Highlights

  • 9,052 SF unfinished three‑level structure begun in 2009
  • 2,700 SF of garage space
  • Existing elevator shaft connects all three levels

Property Analytics

Current Use

Senior Housing / Retirement ...

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop

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

122
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97224, OR

37,365
Population
15,938
Households
2.3
Avg Household Size
43
Median Age
48%
College-Educated
94%
High-School Grad
9.0 sq mi
ZIP Area
4,152
Density / Sq Mi
$94,456
Median Household Income
$55,802
Median Earnings
$1,693
Median Rent
$579,400
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?
Senior housing / Retirement Home - Three-level structure includes an elevator shaft and parking capacity both indoors and outdoors.
Where is this senior housing / retirement home located?
The property is located at 15990 SW 133rd Ave Portland, OR.
What is the asking price?
The asking price for this property is $774,500.
What are key features of this property?
This property features: 9,052 SF unfinished three‑level structure begun in 2009; 2,700 SF of garage space; Existing elevator shaft connects all three levels
(503) 880-7321 Call to check price and availability
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