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Quadplex with Shared Outdoor Space
For Sale
Contact for pricing
Pending

2240 Ne 14th Ave, Portland, OR 97212

Four rented apartments offer fireplaces, hardwood floors, built-ins, private outdoor features, laundry, and storage.

Property SizeContact for details
Days on Market143

Property Features for 2240 Ne 14th Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: The Agency Inc
Listed By: Sam Dowlatdad · License #OR
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 2:59AM

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 The Agency Inc

Investment Insights

Based on property information with market context.

This four-unit property at 2240 NE 14th Ave in Portland’s Irvington neighborhood includes four rented apartments, each configured with two bedrooms and one bathroom. Interior features include fireplaces, hardwood floors, built-in details, and either a covered sun porch or open-air balcony. The property also provides a shared backyard, on-site laundry, and storage, while a spacious basement offers the possibility of additional finished area.

Recent property work includes a new roof, EQ retrofitting, and updated plumbing. The location places the building near shops and restaurants, with a Walk Score of 88 and Bike Score of 100.

Key Highlights

  • Four‑unit property with all units rented
  • Each apartment includes 2 bedrooms and 1 bathroom
  • Fireplaces, hardwood floors, built‑ins, and a covered sun porch or open‑air balcony in each unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Florist Tanning Salon Mobile Phone Store Pet Grooming 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.

Location Intelligence

Trade Area within ½ mile

3,921
Businesses Nearby

Demographics for 97212, OR

26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
Median Home Value

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?
Quadplex - Four rented apartments offer fireplaces, hardwood floors, built-ins, private outdoor features, laundry, and storage.
Where is this quadplex located?
The property is located at 2240 Ne 14th Ave Portland, OR.
What are key features of this property?
This property features: Four‑unit property with all units rented; Each apartment includes 2 bedrooms and 1 bathroom; Fireplaces, hardwood floors, built‑ins, and a covered sun porch or open‑air balcony in each unit
More about this property
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