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Description

Division Street Townhomes presents a strong investment opportunity in one of Portland’s growing neighborhoods. This 14-unit community, built in 1997 and recently upgraded with a new roof, parking lot, and interior enhancements, offers stable income and efficient operations.Each unit includes two- or three-bedroom layouts with private entrances, in-unit laundry, parking, and private yard space—appealing to renters seeking an affordable alternative to single-family homes amid high ownership costs.

Listing Details

  • Cap Rate

    6.09%

  • Space Type

    Multifamily

  • Sub Category

    Apartments Building

  • Sale Type

    Investment Sale

  • Date Listed

    11/7/2025

Property Specifics

  • Property Name

    Division Street Townhomes |13334 SE Division St

  • Property Class

    B

  • No of Stories

    2

  • No of Units

    14

  • Year Built

    1997

  • Building Size

    13,508 SF

  • Lot Size

    0.54 Ac

  • APN

    R334220

  • Zoning

    R1

Property Amenities

Unit Amenities

Dishwasher
Washer/Dryer or Laundry Services

Location Amenities

Airport
Commuter Rail
Metro/Subway