19109 SE YAMHILL St, Portland, OR 97233
MULTI_FAMILY - Portland, OR
- Added:
- Jun 27, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 19109 SE YAMHILL St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RTC
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2
- Standard status
- Active
- APN
- R153601
- Size
- 13,152 SF
- Lot size
- 1.14 Acres
Taxes and HOA fees
- Tax Description
- EASTWOOD, LOT 20 TL 1600
- Tax Annual Amount
- 23786
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1978
- Floors in Building
- 2
- Number of units
- 21
- Roof type
- Composition
Listing agent Kevan Willes License #201206488 (503) 505-8065
Listing office Keller Williams Realty Portland Premiere 7504 SW Bridgeport Rd, Portland, OR (503) 597-2444
Listing date Jun 27, 2026
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 21‑unit multifamily property on approx. 1.14 acres in Portland’s Rockwood submarket
- Unit mix: twenty 1‑bedroom units and one 2‑bedroom unit
- Currently approx. 81% occupancy
- Ample on‑site parking
- Convenient to MAX Light Rail, public transit, SE Burnside, and major employment and retail corridors
- Year built 1978; baseboard heating; composition roof
Overview
Located in Portland’s established Rockwood submarket, the property is positioned near MAX Light Rail and other public transit options. It is also described as convenient to SE Burnside and major employment and retail corridors, supporting access to everyday destinations.
This offering may appeal to buyers looking to acquire a stabilized apartment community and drive performance through continued leasing efforts and rent growth, based on the current occupancy level cited in the materials. With a mix of unit types and a parking-forward site, Eastwood Estates provides a practical residential income profile for an operator or investor seeking a hands-on multifamily strategy. An Offering Memorandum is available upon request.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $323.5k | $24.60 |
| − Vacancy | −$16.5k | −$1.25 |
| EGI | $307.0k | $23.35 |
| − OpEx | −$138.2k | −$10.51 |
| NOI | $168.9k | $12.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.465894
- Latitude
- 45.515791
