Building Details

Year Built 1895

Listing Agency: Windermere Heritage n***@nihada.com Show Phone

Listed By: Nihad Aweidah · License #980900147 Show Phone

Source: Eleeterealestate

Added: May 17, 2025 Changed: Jul 31 Last Checked: Aug 2 at 12:12PM

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Investment Insights

Based on property information with market context.

This triplex property was built in 1895 and is located at 934 SE Nehalem St, Portland, OR 97202. The three-unit configuration provides a residential income property format for investors evaluating a multi-unit asset.

The property has a Walk Score of 92 and a Bike Score of 99, reflecting convenient access for residents traveling on foot or by bicycle.

Key Highlights

• Three‑unit triplex property
• Built in 1895
• Walk Score of 92

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Storage Facility Barber Shop

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

1,145

Businesses Nearby

Explore this area Business Placement

Demographics for 97202, OR

43,193

Population

20,097

Households

2.1

Avg Household Size

38

Median Age

65%

College-Educated

96%

High-School Grad

6.3 sq mi

ZIP Area

6,856

Density / Sq Mi

$100,353

Median Household Income

$52,090

Median Earnings

$1,674

Median Rent

$684,800

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Triplex - Three-unit residential property with strong walkability and bike access.

Where is this triplex located?

The property is located at 934 SE NEHALEM ST Portland, OR.

What is the asking price?

The asking price for this property is $890,000.

What are key features of this property?

This property features: Three‑unit triplex property; Built in 1895; Walk Score of 92