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70-Unit Apartment Complex
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2333 SE 130th Ave, Portland, OR 97233

2007-built apartment complex with diverse unit mix.

Property Size73,271 SF
Price / SF$31.39
Days on Market171

Property Features for 2333 SE 130th Ave

General Information

Standard status Active
Size 73,271 SF
Class C
Property subtype Multifamily
Listing Agency: SVN Imbrie Realty
Listed By: Bjorn Beer · License #OR# 201236666
Source: Crexi
Added: Mar 3 Changed: Aug 8 Last Checked: Jul 31 at 8:35AM

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.

Lincoln Woods Apartments is a 70-unit apartment complex built in 2007. The property features a mix of one, two, three, four, and five-bedroom units. Onsite amenities include a management office, laundry room, and community room. A courtyard with a playground is also available for residents. Each unit is equipped with an oven/range combination with overhead fan, dishwasher, and refrigerator/freezer. The three, four, and five-bedroom units include a washer and dryer. All units have electric baseboard heaters and individual electric hot water heaters. Decks or patios are included with every unit. A sprinkler fire protection system is installed throughout the units and common areas. The property is subject to a Regulatory Agreement with the City of Portland (Portland Development Commission) that contains AMI restrictions at 30%/40%/50%/60% AMI. This agreement is effective through 2067.

Key Highlights

  • Diverse mix of 1, 2, 3, 4, and 5 bedroom units
  • Built in 2007
  • Onsite management office, laundry room, and community room

Property Analytics

Current Use

Lincoln Woods Apartment Building Housing Northwest Housing Authority 21stfamilylegacy Consultant

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon (Bike/Boat/Book/etc) Store Big Box & Wholesale Store HVAC 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

851
Businesses Nearby

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

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 - 2007-built apartment complex with diverse unit mix.
Where is this apartment building located?
The property is located at 2333 SE 130th Ave Portland, OR.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Diverse mix of 1, 2, 3, 4, and 5 bedroom units; Built in 2007; Onsite management office, laundry room, and community room
(503) 208-9403 Call to check price and availability
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