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    1536 23rd Ave Portland, OR 97210-2618
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    Property profile & analytics

    1536 23rd Ave Portland, OR 97210-2618


    • Investment properties
    • 2,280 SF
    • 0.09 lot acres
    Off-Market
    Property ID
    US71-1016823
    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.

    Value Estimations
    $765,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • HealthGains Portland / Medical Clinic
    • Dreaming Tree Medicine / Medical Clinic / Alternative Medicine Practice
    • Superette / Clothing & Fashion Store
    • Pranallama Mindful Bodywork / Alternative Medicine Practice / Spa & Massage Center
    • Lisa Hulick / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 1536 23rd Ave

    Year built
    1908
    Lot size
    0.09 lot acres
    Property size
    2,280 SF
    Zone code
    CS
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    1N1E28CC 14900
    APU
    1N1E28CC14900

    Description

    This exceptional property, located at 1536 NW 23rd Ave in Portland's desirable Slabtown neighborhood, offers a unique opportunity for retail or office tenants. The building, constructed in 1908, features a total of 3,992 square feet across three stories and comprises four suites. Currently, 1,734 square feet are available for lease, encompassing two distinct spaces: a 650 square foot suite and a 1,084 square foot suite. The second-floor suite includes five rooms and one restroom, while the third-floor space offers one room with additional storage. Both spaces boast beautiful hardwood floors and abundant natural light from large windows. The building enjoys a highly visible corner location at the intersection of NW 23rd Ave and NW Raleigh Street, benefiting from a high average daily traffic count of approximately 111,000 vehicles on NW 23rd Ave. Its strategic position places it at the north end of the vibrant NW 23rd retail district and the west end of the growing Slabtown area. The property is conveniently located one minute from Highway 30 and I-405 on/off ramps, with TriMet bus stops directly in front. This prime location offers easy access to a wealth of amenities, including nearby businesses such as Portland Running Co, Bull Run Distillery, and numerous restaurants and retailers. The property is zoned CM2 (Commercial Mixed Use 2) and includes two parking spaces. Virtual tours are available for both the second and third-floor spaces. This is an ideal opportunity for small businesses seeking a high-visibility location in a thriving Portland neighborhood.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $763,000
      Market price range: $608k - $1.00M
      AI Estimate
      $763,000
      Market price range: $608k - $1.00M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $760,000
      Current use
      AUTO REPAIR, GARAGE
      $695,000
      Change: -8% Conversion: Difficult
      MEDICAL BUILDING
      $690,000
      Change: -9% Conversion: Easy
      RETAIL STORES
      $685,000
      Change: -10% Conversion: Easy
      OFFICE BUILDING
      $660,000
      Change: -13% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.699
    Latitude
    45.5339
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,094
    $0.00
    $0.00
    $381,280
    -
    $392,500
    $940,000
    $1,332,500
    More about this property
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