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1111-1139 NE Broadway St
Portland, OR 97232
Irvington Place · Multifamily Property For Sale
·
1 Unit
Investment Highlights
- National Credit Rent Roll: Stabilized mix of national tenants; four of five in place 10+ years.
- Premier NE Broadway Location: 23,000+ VPD, I-5 access, MAX/Streetcar steps away; 53 condos boost traffic.
- Lloyd Center Revitalization: Next to major mixed-use redevelopment with a new 4,000-seat venue opening 2027.
- Contractual NOI Growth: Scheduled rent bumps and 5.7-year WALT provide steady, low-risk income.
- Daily-Needs Shadow Anchoring: Across from Safeway and Lloyd Center in a highly walkable setting.
- Strong Local Demographics: 29K residents within one mile; $123K average income and growing.
Property Facts
| No. Units | 1 | Building Size | 15,755 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Mid-Rise | Year Built | 1998 |
| Building Class | A | Parking Ratio | 5.08/1,000 SF |
| Lot Size | 0.87 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | CX - Central Commercial | ||
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.87 AC |
| Building Size | 15,755 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1998 |
| Parking Ratio | 5.08/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | CX - Central Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 115 | - | - |
Property Taxes
| Parcel Number | R191138 | Improvements Assessment | $2,748,980 |
| Land Assessment | $0 | Total Assessment | $2,748,980 |
Property Taxes
Parcel Number
R191138
Land Assessment
$0
Improvements Assessment
$2,748,980
Total Assessment
$2,748,980
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