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80-Unit Studio Apartment Building
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1611 NW Marshall St, Portland, OR 97209

Mid-rise studio community with controlled access, elevator service, secured parking, bike storage, laundry, and courtyard amenities.

Property Size25,120 SF
Days on Market122

Property Features for 1611 NW Marshall St

General Information

Standard status Active
Size 25,120 SF
Elevators Yes
Property subtype Multifamily
Occupancy 95%
Investment Type Stabilized

Units

Unit Mix 80 x studio
Multifamily Units 80

Additional Details

Average Monthly Rent $1,200

Amenities

controlled access
elevator
bike storage
secured parking
onsite laundry
courtyard space
internet included in rent

Building Details

Year Built 2020
Stories 6
Units 80
Tenancy Multi
Listing Agency: Cushman & Wakefield - Seattle, Washington
Listed By: Tim McKay · License #95945
Source: Crexi
Added: May 1 Changed: Aug 30 Last Checked: Aug 30 at 3:10PM

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 Cushman & Wakefield - Seattle, Washington

Investment Insights

Based on property information with market context.

KOZ on Sixteenth is an 80-unit mid-rise apartment building consisting of studio residences within a 25,120-square-foot property completed in 2020. Building features include controlled entry, elevator service, secured parking, bicycle storage, on-site laundry, courtyard space, and internet included in rent. The property is approximately 95% occupied as of March 2026.

Located at 1611 NW Marshall Street in Portland’s Slabtown / Northwest submarket, the community is positioned in a walkable urban setting with access to neighborhood amenities. The asset serves Portland’s urban workforce and offers a compact studio format supported by shared resident facilities.

Key Highlights

  • 80 studio units in a mid‑rise apartment building
  • 25,120‑square‑foot property completed in 2020
  • Approximately 95% occupied as of March 2026

Property Analytics

Current Use

Koz on NW 16th Apartment Building Barsala at KoZ Hotel & Motel Life Coaching by ... Life Coach

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center HVAC Service Tanning Salon Supermarket Electrical Service

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

80
Residential units

Location Intelligence

Trade Area within ½ mile

8,567
Businesses Nearby

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
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 - Mid-rise studio community with controlled access, elevator service, secured parking, bike storage, laundry, and courtyard amenities.
Where is this apartment building located?
The property is located at 1611 NW Marshall St Portland, OR.
What are key features of this property?
This property features: 80 studio units in a mid‑rise apartment building; 25,120‑square‑foot property completed in 2020; Approximately 95% occupied as of March 2026
(206) 369-7599 Call to check price and availability
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