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Quadplex with Street-Level Office/Retail
For Sale
$645,000

8325 SE DIVISION St, Portland, OR 97266

MULTI_FAMILY - Portland, OR

Property Size5,500 SF
Lot Size0.15 Acres
Price / SF$117.27
Days on Market48

Property Features for 8325 SE DIVISION St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CM2
Bedrooms 5
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 1, Bathroom 5, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 6, Bathroom 3, Bathroom 2, Bedroom 3, Bathroom 4
Elementary school Harrison Park
Middle school Harrison Park
High school Leodis McDaniel
Directions 82nd Ave to Division
Subdivision _143
Standard status Active
APN R332236
Size 5,500 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description SECTION 04 1S 2E, TL 7000 0.15 ACRES
Tax Annual Amount 5659
Legal Description SECTION 04 1S 2E, TL 7000 0.15 ACRES

Utilities

Heating system Forced Air

Building Details

Year built 1930
Floors in Building 2
Number of units 5
Listing Agency: Elite Realty & Associates LLC
Listed By: Connie Brockway · License #201210511
Added: Jun 16 Changed: Jul 30 Last Checked: Aug 2 at 10:06AM
MLS# 539084810

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 quadplex features two buildings sold as-is in a fixer condition. The first building includes approximately 1,431 sq ft of office/retail space at street level, with two rented apartment units above, plus roughly 1,000 sq ft of basement space. The second building has two rented apartment units, along with a small basement. Forced air heating is provided.

The property is zoned CM2 and sits on a 0.15-acre lot. Built in 1930, it presents both current income potential and a development option, including a possible tear-down and rebuild scenario as shown by the attached plans.

Buyer to verify square footage of the property. Tenants are in place, so appointments are required and the property should not be disturbed or entered without prior scheduling. Purchase includes both the yellow and gray buildings.

Key Highlights

  • Zoned CM2 quadplex with four rented apartment units
  • Approximately 1,431 sq ft office/retail space at street level
  • Two buildings with two apartment units in each building

Property Analytics

Current Use

Mini Flea Market (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Barber Shop Electrical Service Kitchen & Bath Showroom HVAC 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

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

519
Businesses Nearby

Demographics for 97266, OR

36,095
Population
13,863
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
5,917
Density / Sq Mi
$71,791
Median Household Income
$39,856
Median Earnings
$1,532
Median Rent
$420,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Zoned CM2, this four-unit property includes street-level office/retail space and forced-air heating.
Where is this quadplex located?
The property is located at 8325 SE DIVISION St Portland, OR.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Zoned CM2 quadplex with four rented apartment units; Approximately 1,431 sq ft office/retail space at street level; Two buildings with two apartment units in each building
More about this property
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