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Historic Reinforced-Concrete Apartment Building
For Sale
$1,745,000

839 Southwest Green Avenue, Portland, OR 97205

Five studio residences feature period details alongside remodeled kitchens and bathrooms and shared coin-operated laundry.

Property Size3,321 SF
Price / SF$525.44
Days on Market424

Property Features for 839 Southwest Green Avenue

General Information

Standard status Active
Size 3,321 SF
Property subtype Multi Family
Zoning RM2

Taxes and HOA fees

Annual Taxes $11,246

Amenities

3
Daylight, Partially Finished
Concrete Perimeter
Built Up, Flat
Stucco

Building Details

Year Built 1910
Listing Agency: Windermere Realty Trust
Listed By: Dan Volkmer · License #780101749
Source: Compass
Added: Jul 6, 2025 Changed: Aug 31 Last Checked: Aug 30 at 9:47AM

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 Windermere Realty Trust

Investment Insights

Based on property information with market context.

This 1910 apartment property is part of a two-property package totaling 7 units, including the adjacent duplex at 2324 SW Cactus. The Cedar Hill Apartments contains 5 studio residences with oak hardwood floors, built-in dining-room cabinetry, and kitchens and bathrooms remodeled between 2006-2008 while retaining period character. Improvements from the same period include a new roof, updated electrical service with 5 meters, interior water lines, and 18 plumbing fixtures. The building has a reinforced-concrete structure, stucco exterior, built-up flat roofing, and a common laundry room with seller-owned coin-operated machines.

Ownership covers garbage, water, sewer, and gas serving the common hot water heater, while electrical service is separately metered. Heating includes radiant floors in the kitchens and baths and zonal electric heat. The oil tank was decommissioned to DEQ Standards. The properties are adjacent and share a water and sewer line; certain SW Green leases also use parking beside the SW Cactus property. Starbucks, Zupan's, and Uptown Shopping are 650 feet away, with NW 23rd Ave 0.25 of a mile away.

Key Highlights

  • Two‑property package totaling 7 units, including the adjacent duplex at 2324 SW Cactus
  • Cedar Hill Apartments constructed in 1910 with reinforced‑concrete construction
  • 5 studio apartments with oak hardwood floors and built‑in dining‑room features

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Tanning Salon Plumbing Service Fish Market

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

3,669
Businesses Nearby

Demographics for 97205, OR

8,593
Population
6,727
Households
1.3
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
9,548
Density / Sq Mi
$58,943
Median Household Income
$51,002
Median Earnings
$1,381
Median Rent
$693,600
Median Home Value

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 - Five studio residences feature period details alongside remodeled kitchens and bathrooms and shared coin-operated laundry.
Where is this apartment building located?
The property is located at 839 Southwest Green Avenue Portland, OR.
What is the asking price?
The asking price for this property is $1,745,000.
What are key features of this property?
This property features: Two‑property package totaling 7 units, including the adjacent duplex at 2324 SW Cactus; Cedar Hill Apartments constructed in 1910 with reinforced‑concrete construction; 5 studio apartments with oak hardwood floors and built‑in dining‑room features
More about this property
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