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17-Unit Apartment Building
For Sale
Contact for pricing
Pending

2486 NW Westover Rd, Portland, OR 97210

Historic multifamily asset with studio and one-bedroom residences plus five garages.

Property SizeContact for details
Days on Market144

Property Features for 2486 NW Westover Rd

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 17

Building Details

Year Built 1927
Buildings 1
Listing Agency: HFO Investment Real Estate
Listed By: Jack Stephens · License #OR 201203808
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 2 at 7:40AM

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 HFO Investment Real Estate

Investment Insights

Based on property information with market context.

Built in 1927, this apartment property contains 17 residences arranged as studio and one-bedroom apartments, along with five garages. The building is positioned in northwest Portland within the Alphabet District, providing a multifamily configuration with a mix of smaller residential floor plans.

The property sits two blocks from NW 23rd Avenue, a shopping and dining corridor with restaurants, shops, and boutiques. Forest Park and Washington Park are also within a short walk or ride, with Washington Park encompassing the International Rose Test Garden and Portland Japanese Garden.

Key Highlights

  • 17‑unit apartment building built in 1927
  • 17 studio and one‑bedroom apartments
  • Five garages included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store Supermarket 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

17
Residential units

Location Intelligence

Trade Area within ½ mile

4,698
Businesses Nearby

Demographics for 97210, OR

13,016
Population
7,910
Households
1.6
Avg Household Size
38
Median Age
76%
College-Educated
97%
High-School Grad
8.9 sq mi
ZIP Area
1,462
Density / Sq Mi
$87,942
Median Household Income
$66,429
Median Earnings
$1,577
Median Rent
$991,500
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 - Historic multifamily asset with studio and one-bedroom residences plus five garages.
Where is this apartment building located?
The property is located at 2486 NW Westover Rd Portland, OR.
What are key features of this property?
This property features: 17‑unit apartment building built in 1927; 17 studio and one‑bedroom apartments; Five garages included
(971) 717-6344 Call to check price and availability
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