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    521 SW 11Th Ave Portland, OR 97205

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    521 SW 11Th Ave Portland, OR 97205


    • Office properties & Spaces
    • 18,152 SF
    • 0.11 lot acres
    Renovated Downtown Portland Office Space For Lease
    $3,225,000

    Renovated Downtown Portland Office Space

    Turn-of-the-century building with creative office spaces for lease.

    521 SW 11th Ave, Portland, OR 97205
    View Listing
    Property ID
    US71-0573261
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Joel Dodson / Physician / Medical Clinic
    • Zinnia Ullinovich / Counselor / Social Worker
    • Patrice Mays / Foster Care Service / Social Service Agency
    • Katie Burgard / Foster Care Service / Social Service Agency
    • Katherine Trujillo / Foster Care Service / Social Service Agency

    Property Details for 521 SW 11Th Ave

    Year built
    1909
    Lot size
    0.11 lot acres
    Property size
    18,152 SF
    Zone code
    RXD
    Property type
    Office properties & Spaces
    APN
    1N1E33DD 02300
    APU
    1N1E33DD02300

    Description

    The Carlyle Building, a beautifully renovated 1909 landmark at 521 SW 11th Ave, Portland, OR 97205, offers 18,000 square feet of prime creative office space in the heart of the CBD. This four-story Class B building boasts a newly renovated lobby, roof, and complete seismic upgrades exceeding $100,000. The third floor features fully updated suites with new carpet, paint, hardware, kitchen/breakroom, and restrooms. The fourth floor, a shell space with exposed brick, beams, and ducting, offers 4,500 square feet of customizable space perfect for an open office concept or a build-out with private offices and huddle areas. Units range from 130 to 4,500 square feet, with a minimum divisible space of 2,250 square feet. The building includes one passenger elevator and is situated on a 5,000 square foot lot (0.11 acres). Enjoy high visibility, convenient access to public transportation (two blocks from a MAX station, on the streetcar line), and proximity to amenities like the Ritz-Carlton (one block away). Secure parking is available in an adjacent garage and across the street. A 2,000 square foot basement space is also available, ideal for various uses. Current tenants include Phillips & Co. and Ania Bridal Collection. The building is zoned CX.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,224,000
      Market price range: $3.22M - $7.83M
      AI Estimate
      $3,224,000
      Market price range: $3.22M - $7.83M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $5,230,000
      Current use
      OFFICE BUILDING
      $5,245,000
      Change: +0% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $4,825,000
      Change: -8% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.683
    Latitude
    45.5213
    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
    $32,324
    $0.00
    $0.00
    $1,221,000
    -
    $2,125,000
    $1,161,340
    $3,286,340
    View Listing
    More about this property
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