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Investment Highlights

  • Modern, High-Demand Unit Design
  • Rare Development Potential with Excellent SE Portland Location
  • Stable Income with Proven Tenant Retention

Executive Summary

Still available! The two-story Amber Court Apartments, built in 2008, are located on SE 141st Avenue, one block south of SE Division. All units feature two bedrooms, two-and-a-half baths, and a den that can function as an office or third bedroom, along with a one-car garage. Tenants are on month-to-month leases, with several in place for over three years. Adjacent Auction Property is a leased three-bedroom, one-bath home on a 12,197± sq. ft. lot, shares access and offers potential for up to eight additional units if redeveloped. Projected 2026 gross income is $135,720, with real estate taxes of $17,040. The landlord covers water, sewer, trash, and landscaping. This property presents a rare opportunity to acquire newer construction with stable income and future development potential in a well-located Southeast Portland setting.
Contact listing broker for bid package with detailed property information.

Property Facts

Price $1,683,134 CAD
Price Per Unit $280,522 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.17 AC
Building Size 10,692 SF
Average Occupancy 100%
No. Stories 2
Year Built 2008
Zoning RM2 - Residential Multi Dwelling 2 City of Portland zoning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2.5 4 $2,546 CAD 1,499 - 1,553
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
R334196
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$992,584 CAD
  • Listing ID: 40240918

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 2602 SE 141st Ave, Portland, OR 97236

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