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New Five-Unit Apartment Building
New
For Sale
$1,750,000

2505 SE Tacoma St, Portland, OR 97202

MultiFamily, Portland, OR

Property Size1,000 SF
Price / SF$1,750
Days on Market1

Property Features for 2505 SE Tacoma St

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning RM1
Bedrooms 12
Bathrooms 12
Full bathrooms 12
Rooms Bedroom 9, Bathroom 7, Bedroom 8, Bathroom 8, Bathroom 2, Bedroom 12, Bedroom 11, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 5, Bathroom 10, Bathroom 6, Bedroom 7, Bedroom 6, Bedroom 2, Bathroom 11, Bathroom 12, Bathroom 9, Bathroom 5, Bedroom 10, Bathroom 3, Bedroom 1
Subdivision SELLWOOD-MORELAND
Elementary school Llewellyn
Middle school Sellwood
High school Cleveland
Directions 99E - McLoughlin Blvd to Tacoma
Standard status Active
APN Not Found
Size 1,000 SF

Taxes and HOA fees

Tax Description To Follow
Legal Description To Follow

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump

Building Details

Year built 2026
Floors in Building 2
Number of units 5
Roof type Composition
Listing Agency: Harcourts Real Estate Network Group
Listed By: Bryce Rosenbaum · License #201224328
Added: Sep 22 Last Checked: Sep 22 at 7:06PM
MLS# 590734268

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This under-construction apartment property is planned as a five-unit building with three two-bedroom residences of approximately 812 square feet each and two three-bedroom residences of approximately 1,140 square feet each. The combined building area is approximately 4,716 square feet. Construction is scheduled for 2026, with RM1 zoning, heat-pump heating and cooling, and a composition roof. The property also carries a Home Energy Score of 9.

The building is situated near Westmoreland Park, which includes walking paths, athletic fields, tennis courts, a nature-based playground, and Sckavone Stadium. Neighborhood shopping, dining, recreation, and transportation are also identified as nearby. The unit mix provides a clear combination of two- and three-bedroom apartment layouts within a newly built multifamily asset.

Key Highlights

  • Five‑unit apartment building under construction for 2026 completion
  • Unit mix includes three 2‑bedroom and two 3‑bedroom residences
  • Approximately 4,716 total square feet

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Auto Parts Store Parking Lot & Garage Auto Repair Shop Nail Salon

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby

Demographics for 97202, OR

43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Under-construction apartment property with a two- and three-bedroom unit mix.
Where is this apartment building located?
The property is located at 2505 SE Tacoma St Portland, OR.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Five‑unit apartment building under construction for 2026 completion; Unit mix includes three 2‑bedroom and two 3‑bedroom residences; Approximately 4,716 total square feet
More about this property
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