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 Market83
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: Oct 10
Last Checked: Oct 21 at 9:06PM
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: five two-bedroom, one-bathroom apartments of approximately 750 SF each, plus one one-bedroom, one-bathroom apartment of approximately 450 SF. The one-bedroom unit has been updated and is vacant. The building dates to 1969 and has wood siding, baseboard heat, window-unit cooling, and a composition roof. The 0.22-acre site includes off-street parking and is zoned RM1.
Water, sewer, and garbage are included in the rent. Public transit, shopping, parks, and major freeways are identified as nearby features.
Water, sewer, and garbage are included in the rent. Public transit, shopping, parks, and major freeways are identified as nearby features.
Key Highlights
- Six apartments: five 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- Five apartments are approximately 750 SF each; the remaining unit is approximately 450 SF
- Updated one‑bedroom unit is vacant
Property Analytics
Who owns this building?
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Lease Details
6
Residential units
Yes
Highway access
Yes
Utilities to site
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - RM1-zoned property with off-street parking and a mix of one- and two-bedroom apartments.
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 apartments: five 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Five apartments are approximately 750 SF each; the remaining unit is approximately 450 SF; Updated one‑bedroom unit is vacant
