Garden-Style Apartment
For Sale
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19201-19213 SE Yamhill St, Portland, OR 97233
28-unit garden-style walkup complex with single-story buildings, back yards, patios, and off-street parking.
Property SizeContact for details
Days on Market120
Property Features for 19201-19213 SE Yamhill St
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
SVN Imbrie Realty
(503) 705-7352
Listed By:
Ryan Imbrie, CCIM · License #WA 25658
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 7:57AM
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 SVN Imbrie Realty
Investment Insights
Based on property information with market context.
Evergreen Gardens Apartments is a 28-unit garden-style walkup complex consisting of twenty 1-bedroom, 1-bath units and eight 2-bedroom, 1-bath units. The property is organized across seven buildings, with six single-story buildings and one two-story building located toward the rear of the property. Most units feature private outdoor space, including back yards and patio areas.
The community is improved with wood-cladding and vinyl windows and sliders, along with newer roofs. The property also includes new asphalt and off-street parking, usable open space, and significant mature landscaping on site. Additional yard space at the rear of the lot may allow for further development for additional buildings or storage and amenity uses.
Ownership has been in place since 2014, with reported average vacancy of 3% over the previous five years. The current improvements are described as having little deferred maintenance, and the seller has invested in items that are noted as not increasing cash flow, such as roofs, paint, and parking lot work. Unit interior upgrade opportunities identified include fixtures, floor coverings, paint, and bathroom mirrors, while the property’s current rents are reported as under market compared to nearby rents.
The community is improved with wood-cladding and vinyl windows and sliders, along with newer roofs. The property also includes new asphalt and off-street parking, usable open space, and significant mature landscaping on site. Additional yard space at the rear of the lot may allow for further development for additional buildings or storage and amenity uses.
Ownership has been in place since 2014, with reported average vacancy of 3% over the previous five years. The current improvements are described as having little deferred maintenance, and the seller has invested in items that are noted as not increasing cash flow, such as roofs, paint, and parking lot work. Unit interior upgrade opportunities identified include fixtures, floor coverings, paint, and bathroom mirrors, while the property’s current rents are reported as under market compared to nearby rents.
Key Highlights
- 28‑unit garden‑style walkup apartment complex with 20 1BD/1BA units and 8 2BD/1BA units
- Majority single‑story buildings; each unit includes a back yard and patio area, with a two‑story building in the rear
- Operated and managed by the seller since 2014 with average vacancy of 3% over the previous five years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
878
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Business Placement
Demographics for 97233, OR
41,625
Population
14,844
Households
2.8
Avg Household Size
34
Median Age
18%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
9,049
Density / Sq Mi
$54,886
Median Household Income
$37,216
Median Earnings
$1,352
Median Rent
$385,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - 28-unit garden-style walkup complex with single-story buildings, back yards, patios, and off-street parking.
Where is this apartment building located?
The property is located at 19201-19213 SE Yamhill St Portland, OR.
What are key features of this property?
This property features: 28‑unit garden‑style walkup apartment complex with 20 1BD/1BA units and 8 2BD/1BA units; Majority single‑story buildings; each unit includes a back yard and patio area, with a two‑story building in the rear; Operated and managed by the seller since 2014 with average vacancy of 3% over the previous five years
