Vintage 15-Unit Apartment
For Sale
Contact for pricing
2051 Northwest Lovejoy Street, Portland, OR 97209
Three-story community offers studio, one-bedroom, and two-bedroom residences with shared laundry and bicycle storage.
Property SizeContact for details
Days on Market10
Property Features for 2051 Northwest Lovejoy Street
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
9 x studio, 5 x 1BR, 1 x 2BR
Multifamily Units
15
Amenities
secure exterior entry
bicycle storage
common-area laundry
Building Details
Year Built
1927
Stories
3
Listing Agency:
Barry Investment Real Estate
Listed By:
Phillip Barry · License #200807134
(503) 546-9390
Source:
Crexi
Added: Sep 9
Changed: Sep 15
Last Checked: Sep 18 at 7:25AM
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 Barry Investment Real Estate
Investment Insights
Based on property information with market context.
Located at 2051 Northwest Lovejoy Street in Portland’s historic Alphabet District, this three-story apartment property was built in 1927 and includes 15 residences. The unit mix comprises nine studios, five one-bedroom apartments, and one two-bedroom apartment. Interior details include hardwood floors, crown molding, built-in cabinetry, arched ceilings, tiled bathrooms, dining nooks, and substantial closet space. Secure exterior entry, bicycle storage, and common-area laundry serve residents.
Capital work has addressed replacement windows, in-unit electrical panels, the roof, masonry, exterior paint, boiler systems, and sewer repairs. The property retains its period character while incorporating updates to major building systems. All 15 residences are currently occupied, and no utility reimbursement program is in place.
Capital work has addressed replacement windows, in-unit electrical panels, the roof, masonry, exterior paint, boiler systems, and sewer repairs. The property retains its period character while incorporating updates to major building systems. All 15 residences are currently occupied, and no utility reimbursement program is in place.
Key Highlights
- 15‑unit apartment property built in 1927
- Unit mix includes 9 studios, 5 one‑bedroom apartments, and 1 two‑bedroom apartment
- Three‑story building in Portland’s historic Alphabet District
Property Analytics
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Current Use
Lease Details
15
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
7,253
Businesses Nearby
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Business Placement
Demographics for 97209, OR
22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story community offers studio, one-bedroom, and two-bedroom residences with shared laundry and bicycle storage.
Where is this apartment building located?
The property is located at 2051 Northwest Lovejoy Street Portland, OR.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 15‑unit apartment property built in 1927; Unit mix includes 9 studios, 5 one‑bedroom apartments, and 1 two‑bedroom apartment; Three‑story building in Portland’s historic Alphabet District
