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Vintage Apartment Building with Commercial Garage
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2062 Northwest Marshall Street, Portland, OR 97209

Courtyard community with original architectural details and a separate commercial garage component.

Property SizeContact for details
Days on Market10

Property Features for 2062 Northwest Marshall Street

General Information

Standard status Active
Property subtype Multifamily, Mixed Use

Units

Unit Mix 18 x studio, 6 x 1BR, 1 x 2BR
Multifamily Units 25

Building Details

Year Built 1927
Buildings 1
Listing Agency: Barry Investment Real Estate
Listed By: Phillip Barry · License #200807134
Source: Crexi
Added: Sep 9 Changed: Sep 12 Last Checked: Sep 16 at 1:29PM

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.

Built in 1927, this apartment property includes 25 residences and a substantial commercial garage. The residential improvements retain period details such as hardwood flooring, built-in cabinetry, crown molding, tiled bathrooms, and large windows. A courtyard and expansive outdoor common area provide shared exterior space for residents.

The unit mix comprises 18 studios, six one-bedroom apartments, and one two-bedroom apartment. The property is located at 2062 Northwest Marshall Street in Portland, just off NW 21st Avenue, with restaurants, cafés, shopping, and neighborhood amenities nearby. Residential operations are established, and the commercial garage provides a distinct nonresidential component within the offering.

Key Highlights

  • 25‑unit apartment community built in 1927
  • Unit mix includes 18 studios, six one‑bedroom apartments, and one two‑bedroom apartment
  • Separate commercial garage adds a nonresidential component

Property Analytics

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Current Use

Marion Court Apartments Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center HVAC Service Supermarket Tanning Salon Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25
Residential units

Location Intelligence

Trade Area within ½ mile

7,253
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Courtyard community with original architectural details and a separate commercial garage component.
Where is this apartment building located?
The property is located at 2062 Northwest Marshall Street Portland, OR.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 25‑unit apartment community built in 1927; Unit mix includes 18 studios, six one‑bedroom apartments, and one two‑bedroom apartment; Separate commercial garage adds a nonresidential component
(503) 546-9390 Call to check price and availability
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