Six-Unit Apartment
For Sale
$569,000
16641 SE POWELL Blvd, Portland, OR 97236
CommercialSale, Portland, OR
Property Size4,784 SF
Lot Size0.22 Acres
Price / SF$118.94
Days on Market31
Property Features for 16641 SE POWELL Blvd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RM1
Directions
SE 162nd Ave and SE Powell Blvd
Subdivision
_143
Standard status
Active
APN
R279654
Size
4,784 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Description
SUN BOW VALLEY, BLOCK 14, LOT 6&7
Tax Annual Amount
10989
Legal Description
SUN BOW VALLEY, BLOCK 14, LOT 6&7
Utilities
Heating system
Baseboard
Cooling system
Window Unit(s)
Building Details
Year built
1969
Floors in Building
2
Building materials
WoodSiding
Roof type
Composition
Listing Agency:
MORE Realty
(503) 353-6673
Listed By:
Koert Balke
(503) 381-6361
Added: Jul 31
Changed: Aug 25
Last Checked: Aug 30 at 5:06PM
MLS# 231456647
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Investment Insights
Based on property information with market context.
This 4,784-square-foot apartment property contains six units within a 1969 wood-sided building. The configuration includes five two-bedroom, one-bath residences of approximately 750 SF each and one one-bedroom, one-bath residence of approximately 450 SF. The one-bedroom unit has been updated and is currently vacant. The occupied units may differ in finish quality from the updated residence shown in the listing photographs.
The property sits on 0.22 acres and includes off-street parking. Water, sewer, and garbage are included in monthly rent. Building systems include baseboard heat, window-unit cooling, and a composition roof. RM1 zoning is reported for the property. Public transit, shopping, parks, and major freeways are located nearby, with access to Portland and surrounding areas from the SE Powell Boulevard address.
The property sits on 0.22 acres and includes off-street parking. Water, sewer, and garbage are included in monthly rent. Building systems include baseboard heat, window-unit cooling, and a composition roof. RM1 zoning is reported for the property. Public transit, shopping, parks, and major freeways are located nearby, with access to Portland and surrounding areas from the SE Powell Boulevard address.
Key Highlights
- Six‑unit apartment building with five 2‑bedroom units and one 1‑bedroom unit
- Unit mix includes five approximately 750 SF apartments and one approximately 450 SF apartment
- Updated 1‑bedroom unit is currently vacant
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
217
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated vacant unit, off-street parking, and a mix of one- and two-bedroom apartments support flexible leasing options.
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 with five 2‑bedroom units and one 1‑bedroom unit; Unit mix includes five approximately 750 SF apartments and one approximately 450 SF apartment; Updated 1‑bedroom unit is currently vacant
