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    2324 Caruthers St Portland, OR 97214

    • Commercial real estate
    • 8,020 SF
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US71-1807346
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2324 Caruthers St

    Year built
    1983
    Property size
    8,020 SF
    Property type
    Commercial real estate

    Description

    This exceptional executive office space, located at 2324 SE 11th Avenue / 1115 SE Caruthers Street in Portland, Oregon, presents a unique leasing opportunity. The property, built in 1983, offers a total of 8,020 square feet, with 4,040 square feet currently vacant and ready for immediate occupancy. The single-tenant space benefits from abundant natural light and a flexible floor plan, allowing for customization to suit diverse business needs. The property sits on a 9,994 square foot lot and is zoned EX, providing ample space and flexibility. Convenient access to local amenities and public transportation enhances its appeal. The building includes eight parking spaces for staff and clients. This modern property offers a contemporary architectural design, creating a clean and dynamic work environment. Located in Multnomah County, zip code 97214, this property provides a strategic location within Portland's Central Eastside, ideal for businesses seeking a prominent and accessible address. The property's size and features make it suitable for a variety of executive office uses. Don't miss this chance to establish your business in a thriving Portland neighborhood.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6544911
    Latitude
    45.5061147

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    2324 Caruthers St
    Portland, OR 97214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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