1621-1637 SE Hawthorne Blvd

Portland, OR 97214

• 1031 Exchange Property
• Retail for Sale
• $3,031,160 CAD
• 9,770 SF

Portland Retail for Sale - SE Close-In

Nathan Drake with Marcus & Millichap has been selected to exclusively market for sale the property located at 1621-1637 SE Hawthorne Blvd in Southeast Portland, Oregon. The building consists of 9,770 square feet of leasable area and is currently 100% leased to (2) tenants. The Barley Mill Pub is a bar and restaurant, and it is the first McMenamins location opened. They have been a tenant in the building since 1983. PJs Sleep Shop is a locally owned mattress retailer, and they have been a tenant in the building since 1979. Both tenants are on short term leases and paying well below the current market rental rates on Hawthorne. The roof was replaced in 2014 and the building has been well maintained by the current owners. Seller Financing is available for qualified Buyers with the following terms: 30% Down | 5% Interest | 30 Year Am | 5 Year Term. Please contact Nathan Drake to schedule any property tours. Please do not disturb the tenants. Nathan Drake (503) 616-8962 nathan.drake@marcusmillichap.com

Contact:

Marcus & Millichap

Property Subtype:

Storefront

Date on Market:

2025-12-09

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786 NE Burnside Rd

Gresham, OR 97030

• 1031 Exchange Property
• Retail for Sale
• $3,100,050 CAD
• 1,936 SF

Gresham Retail for Sale

Highly visible, well-maintained property in a high traffic location for sale. SELLER WILLING TO CARRY UP TO 30% of the purchase price with attractive terms. Property is currently leased to Dayspring Trailers. Zoning allows for Auto or other vehicle sales (75 parking spaces for car lot), Tap Room and Food Cart Station with retro/industrial appeal (see Flyer), previously a mechanic/Quick Lube (2 Garage doors 10'X12'); DCL zoning. Buyer to verify. The main building has been well taken care of and has a newly painted and updated exterior, updated HVAC and the property has been recently repaved. It is fully fenced. There are 4 additional moveable and removeable outbuildings and the main building has a basement useful for cold storage if converted to a bar/food cart type space and attic storage in addition to a Garage space with 2 12 foot doors that supports a hoist. The current lease is a 5-year lease, 4.5 years remaining, 5% increase per year; NNN. LESSEE IS WILLING to negotiate an earlier termination. Sale includes the main building, outbuildings, fencing, signage and land. Buyer to perform all due diligence. Buyer to participate in 1031 Exchange at no cost. Listing Agent (Melinda)related to Seller.

Contact:

KW Commercial

Property Subtype:

Auto Dealership

Date on Market:

2025-08-02

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Watergate Apartments - 10 SW Porter St

Portland, OR 97201

• 1031 Exchange Property
• Multifamily for Sale
• $5,097,860 CAD
• 14,000 SF

• Controlled Access
• Kitchen

Portland Multifamily for Sale - Barbur Blvd/Capitol Hwy

Watergate Apartments is a well-maintained 28-unit property located at 10 S Porter Street in Portland, Oregon, offering investors an attractive opportunity to acquire scale at a competitive basis. The property is situated near the South Waterfront district, providing convenient access to OHSU, major transit lines, and key employment centers, while remaining insulated from the higher price points found closer to the riverfront. The building features an efficient mix of studio and one-bedroom units with historically steady occupancy and strong demand from renters seeking affordability and proximity to downtown. Several units have received updates, and the property offers clear value-add potential through further interior improvements, operational optimization, and strategic repositioning. Residents benefit from easy freeway access, nearby bus and streetcar connections, and close proximity to essential services and daily conveniences. While the immediate surroundings continue to evolve, the area’s ongoing redevelopment activity provides long-term upside for investors looking to benefit from future neighborhood improvement. Watergate Apartments offers dependable income, achievable operational gains, and the opportunity to secure a 28-unit asset in an urban location at an attractive entry point. Please see attached marketing package for additional information.

Contact:

Pounder Realty LLC

Property Subtype:

Apartment

Date on Market:

2025-11-14

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Paradise Villa Apartments - 610 SE Cesar E Chavez Blvd

Portland, OR 97214

• 1031 Exchange Property
• Multifamily for Sale
• $4,271,180 CAD
• 11,665 SF

Portland Multifamily for Sale - Mall 205

Paradise Villa Apartments, (17 Units) located at 610 SE Cesar Estrada Chavez Blvd, offers investors an exceptional opportunity to acquire a well-performing multifamily asset in one of Portland’s most convenient and highly trafficked central corridors. Surrounded by established residential neighborhoods, major retail, popular restaurants, and key transit routes, the property benefits from consistent renter demand and excellent visibility. This well-maintained community features an attractive mix of studio and one-bedroom units, many with recent updates, making it a desirable option for tenants seeking quality housing with immediate access to everyday amenities. Residents enjoy outstanding walkability, close proximity to New Seasons Market, Ladd’s Addition, Division/Clinton, and direct connectivity to downtown, I-5, and the inner eastside employment hubs. Operationally, the property has demonstrated stable occupancy and dependable income, with additional upside available through unit renovations, rent optimization, and modernized systems. The highly accessible location, combined with Portland’s constrained housing supply, positions Paradise Villa as a compelling long-term hold for investors seeking both current income and appreciation potential. Paradise Villa Apartments stands out as a rare offering in one of Portland’s most in-demand submarkets—an opportunity to secure a centrally located asset with enduring appeal and meaningful value-add pathways.

Contact:

Pounder Realty LLC

Property Subtype:

Apartment

Date on Market:

2025-11-12

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2433 SE 139th Ave

Portland, OR 97233

• 1031 Exchange Property
• Multifamily for Sale
• $1,584,470 CAD
• 5,184 SF

Portland Multifamily for Sale - Mall 205

100% occupancy! This property is an excellent investment opportunity, offering a total of six units on a single lot. It consists of a four-plex and a duplex, with each unit designed in a townhouse style. Every unit features two bedrooms, one and a half bathrooms, and approximately 840 square feet of living space. Over the past several years, the interiors have been well maintained and thoughtfully updated, giving the property strong tenant appeal and long-term stability. It's a great set-up—easy to manage and maintain—making this an efficient and attractive addition to any investment portfolio The seller requests that tenants not be disturbed, and showings will be arranged only after an offer has been accepted. Listing broker has an ownership interest in the selling LLC.

Contact:

Great Western Real Estate Co

Property Subtype:

Apartment

Date on Market:

2025-10-06

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Sequoia Glen Apartments - 6244-6260 N Columbia Way

Portland, OR 97203

• 1031 Exchange Property
• Multifamily for Sale
• $5,717,870 CAD
• 19,956 SF

Portland Multifamily for Sale - Hayden Island/Swan Island

Dutch Auction! Price will be reduced $25,000 each week. Sequoia Glen Apartments is a 26-unit multifamily community ideally located in North Portland. The property enjoys proximity to major employment centers, local schools, and a growing base of restaurants, retail, and community amenities. Easy access to Columbia Boulevard and nearby freeways ensures convenient connectivity to the broader Portland metro area. Property Overview Unit Count: 26 Address: 6244–6260 N Columbia Way, Portland, OR Recent Improvements: New roofs, providing reduced near-term capital needs Occupancy: Historically strong occupancy levels, underscoring consistent tenant demand Investment Highlights Stabilized Operations: Long track record of high occupancy with reliable rent collections. Recent Capital Upgrades: New roofs reduce deferred maintenance risk and enhance long-term asset stability. Demand Drivers: Close proximity to major employers, industrial corridors, and popular restaurants. Neighborhood Appeal: Situated in a well-established Portland submarket with continued demand for workforce housing.

Contact:

Pounder Realty LLC

Property Subtype:

Apartment

Date on Market:

2025-09-30

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5844 E Burnside St

Portland, OR 97215

• 1031 Exchange Property
• Land for Sale
• $2,204,480 CAD
• 0.34 AC Lot

Portland Land for Sale - Gateway

EXECUTIVE SUMMARY • 110' of frontage on E Burnside St • High traffic and high visibility location, offering walking access to shopping, restaurants and retailers • Close to Mount Tabor Middle School • Ideal for mixed-use, multi-family or commercial development • Buyer to perform full due diligence

Contact:

Ascend Realty

Property Subtype:

Commercial

Date on Market:

2025-09-22

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Lexington Lofts - 120 Aaron Dr

Kelso, WA 98626

• 1031 Exchange Property
• Land for Sale
• $363,739 CAD
• 0.64 AC Lot

Kelso Land for Sale - Cowlitz County

Step into prime investment potential with this exceptional property in Kelso, Washington. Zoned Urban Residential (RU) with a variance for 4 units, this site is ideal for a duplex or four-unit townhouse-style development with garage space underneath. Featuring a flat, level building lot with all essential utilities on-site, including sewer, water, and power, this property comes with all entitlements, engineering, and building plans. With over 300 feet of SR 411 frontage and excellent visibility from the West Side Highway, this location offers great exposure and easy access. Positioned just 5 minutes north of the Kelso/Longview area, and with proximity to major highways and the connecting bridge to I-5, this property is a standout opportunity in the thriving Longview/Kelso market.

Contact:

SVN | Imbrie Realty

Property Subtype:

Residential

Date on Market:

2025-06-21

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