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Executive Summary

This property has both a 22,000SF+ commercial office building as well as 12 unit apartment building in excellent SW Washington county location. Great opportunity for an investor! Solid condition. Please Do not disturb the tenants. Apartments Fully occupied. Office is 100% occupied. Write offers subject to interior inspection. Great upside potential! Original owners-first time on the market! Diversify your real estate portfolio with one investment! Please note that the financial data provided here represents both 13370 NW Westlawn Ter (Apartments) and 1225 NW Murray Blvd (Office).

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $6,750,000
Price Per Unit $562,500
Sale Type Investment
Cap Rate 5%
No. Units 12
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 1.82 AC
Building Size 12,656 SF
Average Occupancy 100%
No. Stories 2
Year Built 1980
Parking Ratio 1.98/1,000 SF
Zoning TO:BUS

Amenities

Unit Amenities

  • Dishwasher
  • Washer/Dryer
  • Refrigerator
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 8 $1,425 880
1+1 4 $1,338 700
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
R0971540
Land Assessment
$0 (2026)
Improvements Assessment
$0 (2026)
Total Assessment
$3,987,960 (2026)
  • Listing ID: 40638162

  • Date on Market: 5/22/2026

  • Last Updated:

  • Address: 1225 NW Murray Blvd, Portland, OR 97229

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