Garden-Style Multifamily
For Sale
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2630 Southeast 136th Avenue, Portland, OR 97236
18-unit garden-style multifamily with washer/dryer hookups and partial modern unit renovations for updated residential income use.
Property Size14,624 SF
Lot Size1.05 Acres
Price / SF$133.34
Days on Market58
Property Features for 2630 Southeast 136th Avenue
General Information
Standard status
Active
Size
14,624 SF
Class
C
Total Parking Spaces
32
Lot size
1.05 Acres
Property subtype
Multifamily
Zoning
Residential Multi-Dwelling 1 (RM-1)
Investment Type
Stabilized
Net Operating Income
$151,752
Additional Details
Multifamily Units
18
Building Details
Year Built
1972
Year Renovated
2021
Buildings
5
Units
18
Tenancy
Multi
Listing Agency:
Commercial Integrity, NW
Listed By:
Ben Murphy · License #201208978
Source:
Crexi
Added: Jun 16
Changed: Aug 10
Last Checked: Aug 8 at 2:00PM
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 Commercial Integrity, NW
Investment Insights
Based on property information with market context.
This 18-unit multifamily property features a garden-style configuration across five buildings, built in 1972. The investment includes washer/dryer hookups in each unit, supporting everyday convenience for residents. Approximately half of the units have been renovated with new LVT flooring, updated countertops, stainless appliances, fresh paint and trim, and revised light and plumbing fixtures, helping create a more consistent, updated interior standard.
The property is located at 2630-2664 SE 136th Ave in Portland, Oregon, and sits on approximately 1.05 acres. Its multi-building layout is designed to operate as a cohesive residential community, with the shared site serving the overall tenant experience across all buildings.
For buyers or operators seeking an income-oriented residential asset, this property offers a straightforward unit mix with in-unit laundry hookups and tangible renovation progress already completed in a portion of the homes. With updates including flooring, finishes, appliances, and fixture improvements, the renovated units may help reduce near-term interior work for incoming tenants while the remaining units provide continuity for a planned approach to further upgrades.
The property is located at 2630-2664 SE 136th Ave in Portland, Oregon, and sits on approximately 1.05 acres. Its multi-building layout is designed to operate as a cohesive residential community, with the shared site serving the overall tenant experience across all buildings.
For buyers or operators seeking an income-oriented residential asset, this property offers a straightforward unit mix with in-unit laundry hookups and tangible renovation progress already completed in a portion of the homes. With updates including flooring, finishes, appliances, and fixture improvements, the renovated units may help reduce near-term interior work for incoming tenants while the remaining units provide continuity for a planned approach to further upgrades.
Key Highlights
- 18‑unit garden‑style multifamily built in 1972 across five buildings on about 1.05 acres
- Approximately 50% of units are renovated with new LVT flooring, countertops, stainless appliances, paint and trim
- Renovations also include updated light and plumbing fixtures in the partially renovated units
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
Explore this area
Business Placement
Demographics for 97236, OR
40,193
Population
13,736
Households
2.9
Avg Household Size
36
Median Age
21%
College-Educated
81%
High-School Grad
7.7 sq mi
ZIP Area
5,220
Density / Sq Mi
$68,582
Median Household Income
$38,131
Median Earnings
$1,436
Median Rent
$414,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - 18-unit garden-style multifamily with washer/dryer hookups and partial modern unit renovations for updated residential income use.
Where is this apartment building located?
The property is located at 2630 Southeast 136th Avenue Portland, OR.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 18‑unit garden‑style multifamily built in 1972 across five buildings on about 1.05 acres; Approximately 50% of units are renovated with new LVT flooring, countertops, stainless appliances, paint and trim; Renovations also include updated light and plumbing fixtures in the partially renovated units
