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Cambridge Townhomes on Division 15065 SE Division St 18 Unit Apartment Building $6,160,000 ($342,222/Unit) 5.86% Cap Rate Portland, OR 97236
Executive Summary
3 Bed 3 Bath Townhomes featuring condo-quality finishes, private fenced yards, and attached garage
No. Unit s - 18
Average Unit Size - 1,431 SF (includes garage)
Average Rent - 2,645/month
Year Built - 2025
Current Occupancy - 17/18 units leased (95% occupied)
Capitalization Rate - 5.86%
PROPERTY FEATURES:
Gated community enhancing security and privacy; On- site playground within common area
Custom cabinetry; Quartz countertops
In-unit air conditioning; Electric fireplace; In-unit laundry
No. Unit s - 18
Average Unit Size - 1,431 SF (includes garage)
Average Rent - 2,645/month
Year Built - 2025
Current Occupancy - 17/18 units leased (95% occupied)
Capitalization Rate - 5.86%
PROPERTY FEATURES:
Gated community enhancing security and privacy; On- site playground within common area
Custom cabinetry; Quartz countertops
In-unit air conditioning; Electric fireplace; In-unit laundry
Data Room Click Here to Access
- Offering Memorandum
- Site Plan
- Operating and Financials
- Floorplans
Property Facts
| Price | $6,160,000 | Building Class | B |
| Price Per Unit | $342,222 | Lot Size | 0.67 AC |
| Sale Type | Investment | Building Size | 26,100 SF |
| Cap Rate | 5.86% | No. Stories | 3 |
| No. Units | 18 | Year Built | 2025 |
| Property Type | Multifamily | Parking Ratio | 1.38/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome | Parcel Number | R730193 |
| Price | $6,160,000 |
| Price Per Unit | $342,222 |
| Sale Type | Investment |
| Cap Rate | 5.86% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.67 AC |
| Building Size | 26,100 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 1.38/1,000 SF |
| Opportunity Zone |
Yes |
| Parcel Number | R730193 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Ice Maker
- Oven
- Dining Room
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 18 | - | 1,450 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
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Cambridge Townhomes on Division | 15065 SE Division St
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