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Casa Del Rey 1730 NW Couch St 25 Unit Apartment Building For Sale Portland, OR 97209

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INVESTMENT HIGHLIGHTS

  • Desirable NW Portland Neighborhood
  • Bike-Friendly, Walkable Transit Supported Location
  • Prime Proximity to Major Employers
  • Unprecedented Value in a Historic Neighborhood

EXECUTIVE SUMMARY

Casa Del Rey presents a rare chance to acquire a historic gem in the heart of NW Portland. Situated in one of the city’s most desirable neighborhoods, this property offers unparalleled access to employment, shopping, entertainment, and a wide array of dining options. Just a short walk to the vibrant NW 23rd Avenue—one of Portland’s most sought-after shopping destinations, residents can enjoy the charm of Slabtown, home to a New Seasons Market and a variety of dining experiences. The pricing of this property offers an exceptional opportunity, one that would have been unthinkable just five years ago, making it a once-in-a-lifetime chance to own in this highly coveted neighborhood. The building consists primarily of spacious one-bedroom floor plans, with a select number of studios. The units retain charming historic features, including bay windows, oak hardwood floors, and operable pocket doors. The next owner will have the opportunity to enhance these details, improving rents by upgrading the units, refreshing the exterior, and transforming some of the basement space into valuable amenity areas.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Units 25
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.11 AC
Building Size 18,056 SF
Average Occupancy 96%
No. Stories 4
Year Built 1908
Zoning N/Av

AMENITIES

UNIT AMENITIES

  • Microwave
  • Heating
  • Bay Window
  • Kitchen
  • Hardwood Floors
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Smoke Free
  • Bicycle Storage
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 5 - 400
1+1 20 - 600
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (86)
Bike Score®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R140866
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,198,610
  • Listing ID: 37111665

  • Date on Market: 8/4/2025

  • Last Updated:

  • Address: 1730 NW Couch St, Portland, OR 97209

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