Bought with John L. Scott
$2,450,000
$2,420,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
13062 SE POWELL BLVD Portland, OR 97236
15,400 SqFt
Key Details
Sold Price $2,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,400 sqft
Price per Sqft $159
MLS Listing ID 24047581
Sold Date 04/03/25
Year Built 1999
Annual Tax Amount $27,376
Tax Year 2023
Lot Size 0.810 Acres
Property Description
Powell Station Apartments is a 14-unit complex in Portland's Powellhurst-Gilbert neighborhood. Built in 1999, it features two-bedroom, two-bath units across four buildings with private yards, balconies, and rentable garage spaces. Extensive renovations in over half the units have raised rents to $1,599, while classic units rent for $1,175, offering a 27% rent upside. This property presents a value-add opportunity with modern upgrades and desirable amenities.
Location
State OR
County Multnomah
Area _143
Zoning RM1
Interior
Heating Baseboard
Exterior
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Gilbert Hts
Middle Schools Alice Ott
High Schools David Douglas
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
