Industrial Warehouse with Dual
For Sale
$1,990,000
2506 NE MULTNOMAH St, Portland, OR 97232
CommercialSale, Portland, OR
Property Size65,060 SF
Lot Size3.29 Acres
Price / SF$30.59
Days on Market96
Property Features for 2506 NE MULTNOMAH St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IG2
Directions
NE Multnomah St next to NE 25th Ave in Portland
Subdivision
_142
Standard status
Active
APN
R316802
Size
65,060 SF
Lot size
3.29 Acres
Taxes and HOA fees
Tax Description
SECTION 35 1N 1E, TL 12400 1.79 ACRES, SPLIT MAP R316853 (R941360
Tax Annual Amount
4716
Legal Description
SECTION 35 1N 1E, TL 12400 1.79 ACRES, SPLIT MAP R316853 (R941360
Building Details
Year built
1910
Floors in Building
2
Building materials
WoodFrame
Roof type
Built-Up
Listing Agency:
Keller Williams Realty Portland Premiere
(503) 597-2444
Listed By:
Bradley King · License #201235429
(503) 313-8262
Added: May 22
Changed: Aug 25
Last Checked: Aug 25 at 12:06PM
MLS# 518909959
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 warehouse property contains 65,060 square feet across a 3.29-acre site comprising two adjoining lots. The structure dates to 1910 and features wood-frame construction with a built-up roof, providing a substantial existing industrial improvement. The building is offered in AS-IS condition, with no guarantees or warranties stated.
Located on NE Multnomah Street in Portland’s inner Northeast area, the property has immediate access to I-84 and sits near the Lloyd District. Downtown Portland is minutes away, while the reported Walk Score of 83 and Transit Score of 68 provide measurable context for employee and operational access. The property is in Multnomah County and carries the 97232 postal designation.
Located on NE Multnomah Street in Portland’s inner Northeast area, the property has immediate access to I-84 and sits near the Lloyd District. Downtown Portland is minutes away, while the reported Walk Score of 83 and Transit Score of 68 provide measurable context for employee and operational access. The property is in Multnomah County and carries the 97232 postal designation.
Key Highlights
- 65,060 square feet of warehouse and industrial space
- 3.29‑acre site spanning two adjoining lots
- 1910 construction with wood‑frame materials
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,850
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 97232, OR
15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value
Market
Vacancy Rate% for Industrial in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Historic wood-frame construction provides a distinct setting for warehouse operations and industrial occupancy.
Where is this warehouse located?
The property is located at 2506 NE MULTNOMAH St Portland, OR.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: 65,060 square feet of warehouse and industrial space; 3.29‑acre site spanning two adjoining lots; 1910 construction with wood‑frame materials
