Multi-Family for Sale: 11401 POWELL BLVD, Portland, OR 97266

8,292 sqft
$1,450,000
$1,450,000
11401 POWELL BLVD, Portland, OR 97266
8,292 sqft
$1,450,000
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Price:
$1,450,000
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Type Multi-Family
Square Feet 8,292 sqft
Lot Size 0.75 acres
Year Built 1973
Taxes Paid $15,238
City Portland
Area 143 - Portland Southeast
County Multnomah
School District David Douglas
MLS 24200635
Status Active
DOM 37 days
Powell Flats is a 10-unit, garden-style apartment complex in Portland’s Powellhurst-Gilbert area. Built in 1973, it offers two-bedroom, two-bath units with an average rent of $1,470. Four of the units are vacant, creating immediate value-add potential. Investors can increase rental income by upgrading units and aligning rents with the market rate of $1,500, making it a strong investment opportunity in a growing submarket.

Lot & Building Features

Heating Baseboard
Sewer Public Sewer
Water Public Water

Community and Schools

Elementary School W Powellhurst
Junior High School Ron Russell
Senior High School David Douglas

Unit Features

Unit Type 1 Actual Rent 1470
Unit Type 1 Area 830
Unit Type 1 Baths 1.100
Unit Type 1 Baths Total 2
Unit Type 1 Beds Total 2
Unit Type 1 Features Range, Refrigerator
Unit Type 1 Units Total 10

Price History of 11401 POWELL BLVD, Portland, OR

Date Name Price Difference
10/18/2024 Listing Price $1,450,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Don Nunamaker, Realtors
Direct: 541-386-4400
Office
2495 Cascade Ave.
Hood River, OR 97031
541-386-4400
Listed by Bridge Creek Realty, Ian Crist
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1.0508965517241%
6.75%
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11401 POWELL BLVD (MLS #24200635) is a multi-family listing located in Portland, OR. This multi-family listing is 8,292 sqft and on a lot of 32,670 sqft (or 0.75 acres) and is 51 years old. This property was listed on 10/22/2024 and has been priced for sale at $1,450,000.

Nearby zip codes are 97035, 97216, 97220, 97233 and 97236. This property neighbors other cities such as Happy Valley.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Bridge Creek Realty

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Don Nunamaker, Realtors are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.