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Six-Unit Apartment Building
For Sale
$569,000

16641 SE POWELL BLVD, Portland, OR 97236

Apartment property with a five-to-one two-bedroom and one-bedroom unit mix, off-street parking, and one updated vacant unit.

Property Size4,784 SF
Days on Market8

Property Features for 16641 SE POWELL BLVD

General Information

Standard status Active
Size 4,784 SF
Total Parking Spaces 12
Property subtype Income

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 5 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 6
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $10,988

Building Details

Building Size 4,784 SF
Year Built 1969
Buildings 1
Listing Agency: MORE Realty
Listed By: Koert Balke
Source: Eleeterealestate
Added: Jul 31 Changed: Aug 4 Last Checked: Aug 6 at 3:36AM

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 MORE Realty

Investment Insights

Based on property information with market context.

This six-unit apartment building, constructed in 1969, includes five approximately 750-square-foot two-bedroom, one-bath residences and one approximately 450-square-foot one-bedroom, one-bath residence. Unit 6 has been updated and is vacant, while the remaining units are occupied. The property includes 12 off-street parking spaces, allocated at two spaces per unit, and monthly rent includes water, sewer, and garbage service.

Located at 16641 SE Powell Blvd in Portland, the property is near public transit, shopping, parks, and major freeways. The unit mix combines five larger two-bedroom apartments with a smaller one-bedroom layout, providing a range of residential configurations within the building.

Key Highlights

  • Six‑unit apartment building constructed in 1969
  • Five approximately 750 SF two‑bedroom, one‑bath units
  • One approximately 450 SF one‑bedroom, one‑bath unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Dental Office HVAC Service 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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

217
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

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 - Apartment property with a five-to-one two-bedroom and one-bedroom unit mix, off-street parking, and one updated vacant unit.
Where is this apartment building located?
The property is located at 16641 SE POWELL BLVD Portland, OR.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Six‑unit apartment building constructed in 1969; Five approximately 750 SF two‑bedroom, one‑bath units; One approximately 450 SF one‑bedroom, one‑bath unit
More about this property
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