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Roxi Court 2336 NW Pettygrove St 13 Unit Apartment Building $2,350,000 ($180,769/Unit) 5.80% Cap Rate Portland, OR 97210
EXECUTIVE SUMMARY
Introducing Roxi Court, a 13-unit multifamily property offering a rare
investment opportunity in Portland’s Northwest District, one of the city’s
most walkable and desirable neighborhoods. Built in 1928, Roxi Court
features classic architecture and vintage details that appeal to renters
seeking historic charm combined with modern convenience. The
property includes spacious one- and two-bedroom floor plans, original
hardwood floors, abundant natural light, on-site laundry facilities, and
lush, well-maintained courtyard.
The property is located between NW 21st and NW 23rd Avenues, wellknown
shopping corridors in NW Portland. Roxi Court is just a short walk
from popular dining, shopping, and entertainment options. Residents
have immediate access to downtown, the Pearl District, and major
employers via nearby streetcar and bus lines. Roxi Court’s irreplaceable
location and lasting, vintage appeal make it a compelling choice for
investors looking for long-term cash flow and asset appreciation
investment opportunity in Portland’s Northwest District, one of the city’s
most walkable and desirable neighborhoods. Built in 1928, Roxi Court
features classic architecture and vintage details that appeal to renters
seeking historic charm combined with modern convenience. The
property includes spacious one- and two-bedroom floor plans, original
hardwood floors, abundant natural light, on-site laundry facilities, and
lush, well-maintained courtyard.
The property is located between NW 21st and NW 23rd Avenues, wellknown
shopping corridors in NW Portland. Roxi Court is just a short walk
from popular dining, shopping, and entertainment options. Residents
have immediate access to downtown, the Pearl District, and major
employers via nearby streetcar and bus lines. Roxi Court’s irreplaceable
location and lasting, vintage appeal make it a compelling choice for
investors looking for long-term cash flow and asset appreciation
PROPERTY FACTS
| Price | $2,350,000 | Apartment Style | Low-Rise |
| Price Per Unit | $180,769 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 5.80% | Building Size | 16,218 SF |
| No. Units | 13 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1946 |
| Property Subtype | Apartment | ||
| Zoning | R1 | ||
| Price | $2,350,000 |
| Price Per Unit | $180,769 |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 16,218 SF |
| No. Stories | 3 |
| Year Built | 1946 |
| Zoning | R1 |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Hardwood Floors
- Stainless Steel Appliances
- Yard
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 532 |
| 2+1 | 12 | - | 800 |
1 1
Walk Score®
Walker's Paradise (97)
Bike Score®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Number | R171359 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,182,370 |
PROPERTY TAXES
Parcel Number
R171359
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,182,370
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Roxi Court | 2336 NW Pettygrove St
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