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Medical Office and Apartment Building
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905 SE 14th Ave, Portland, OR 97214

Two-story masonry building with ground-floor medical office and furnished luxury apartments on the second floor.

Property Size12,500 SF
Days on Market120

Property Features for 905 SE 14th Ave

General Information

Standard status Active
Size 12,500 SF
Total Parking Spaces 10
Property subtype Office

Additional Details

Multifamily Units 5

Building Details

Stories 2
Listing Agency: Northwest Equities
Listed By: Craig Johnson · License #8191 Washington
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 8:24PM

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 Northwest Equities

Investment Insights

Based on property information with market context.

This two-story masonry building totals approximately 12,500 SF, with roughly 6,250 SF per floor. The first floor is built out for medical use and is currently configured as medical office space, and will be delivered vacant at closing. The second floor is developed as luxury apartments consisting of five units, including a 3 bedroom 2 bath unit, two studio units in the 500 SF range, and a 2 bedroom 2 bath handicap-accessible unit. All apartment units are furnished and are currently rented through Airbnb, with existing furniture available for sale (price TBD).

The property sits on a corner location at SE 14th Ave and SE Belmont Street and features approximately 100 feet of Belmont Street frontage. There are 10 onsite parking spaces, along with abundant on-street parking. The remarks indicate the property is walkable, with a walk score of 95.

Key Highlights

  • Two‑story masonry building totaling approx. 12,500 SF (approx. 6,250 SF per floor)
  • Ground‑floor medical office built out for medical use, delivered vacant at closing (currently for rent at $25.00/SF/YR NNN)
  • Second‑floor luxury apartments with 5 units: 1 three bed/2 bath, two studios (~500 SF), plus a 2 bed/2 bath handicap accessible unit

Property Analytics

Current Use

Violet Suites PDX ... Hotel & Motel Portland Mental Health ... Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Locksmith Tanning Salon Supermarket Veterinary Clinic

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,087
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value

Market

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Buckman Veterinary Clinic 720 SE 11th Ave, Portland, OR 97214
  • Pet Samaritan Clinic 2480 E Burnside St, Portland, OR 97214
  • Banfield Pet Hospital 940 SE 11th Ave Ste C, Portland, OR 97214

Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-story masonry building with ground-floor medical office and furnished luxury apartments on the second floor.
Where is this medical office space located?
The property is located at 905 SE 14th Ave Portland, OR.
What are key features of this property?
This property features: Two‑story masonry building totaling approx. 12,500 SF (approx. 6,250 SF per floor); Ground‑floor medical office built out for medical use, delivered vacant at closing (currently for rent at $25.00/SF/YR NNN); Second‑floor luxury apartments with 5 units: 1 three bed/2 bath, two studios (~500 SF), plus a 2 bed/2 bath handicap accessible unit
(360) 281-3130 Call to check price and availability
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