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Apartment Building with Laundry
For Sale
Contact for pricing
Pending

445 SW Elm Rd, Estacada, OR 97023

Multifamily property with resident laundry facilities and off-street parking.

Property SizeContact for details
Days on Market144

Property Features for 445 SW Elm Rd

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Cap Rate 5.6%

Amenities

on-site laundry
Listing Agency: SMI Real Estate
Listed By: Eric Swanson · License #201221479
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:56PM

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 SMI Real Estate

Investment Insights

Based on property information with market context.

This apartment property includes an on-site laundry room and off-street resident parking. The asset is positioned along SW Elm Road, between Clackamas Highway and SW Lakeshore Drive in Estacada, Oregon.

Several schools and shopping options, including Clackamas River Elementary, Estacada Middle School, and Estacada High School, are approximately one mile away. The property is reported at a 5.6 cap rate on actuals and a 6.9 cap rate based on the highest achieved rents.

Key Highlights

  • On‑site laundry room for residents
  • Ample off‑street parking
  • Located on SW Elm Road between Clackamas Highway and SW Lakeshore Drive

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Plumbing Service Law Firm Pharmacy Grocery & Convenience Store Bakery

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

338
Businesses Nearby

Demographics for 97023, OR

11,676
Population
4,718
Households
2.5
Avg Household Size
42
Median Age
16%
College-Educated
93%
High-School Grad
196.5 sq mi
ZIP Area
59
Density / Sq Mi
$74,701
Median Household Income
$38,563
Median Earnings
$1,079
Median Rent
$530,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with resident laundry facilities and off-street parking.
Where is this apartment building located?
The property is located at 445 SW Elm Rd Estacada, OR.
What are key features of this property?
This property features: On‑site laundry room for residents; Ample off‑street parking; Located on SW Elm Road between Clackamas Highway and SW Lakeshore Drive
(541) 990-3795 Call to check price and availability
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