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13116 SE Powell Blvd, Portland, OR 97236

$3,900,000

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Property Description

Presenting the Glenwood Apartments, a 28-unit community built in SE Portland that has undergone significant interior and exterior renovations. Nearly half the units have been remodeled with new flooring, countertops, cabinets, and washer/dryer hookups, while exterior upgrades include new roof, walkways, staircases and more. The property built in 1970, offers a mix of mostly 2BR units, off-street parking, and strong rental demand in a highly visible Powell Blvd location with easy access to I-205, shopping, and parks. A stabilized asset with proven income and continued value-add potential.

13116 SE Powell Blvd | MLS# 343850084

This multi-family property located at 13116 SE Powell Blvd, Portland, OR 97236 is currently listed for sale with an asking price of $3,900,000. Search Portland real estate on www.williamraven.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electricity
Heating: WallHeater
Roof Type: Shingle
Stories: 2.0
Taxes: $35,512
Year Built: 1970

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WasherDryerHookup
Rent: $1405.00
Square Footage: 852
Total Units: 26
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, Range, Refrigerator, WasherDryerHookup
Rent: $1098.00
Square Footage: 750
Total Units: 2

Feature Descriptions

Days on Site: 158
Exterior: Board & Batten Siding
Gross Income: $455925.00 (Actual)
Hot Water: Electricity
Net Income: $258562.00 (Actual)
Operating Expenses: $197363.00 (Actual)
Parking: OffStreet
Parking Notes: OffStreet
Sewer: Public Sewer
Storage: None
Units: 28
Water: Public Water

Local Schools

Middle School: Oliver

Listed By / Shown By

Listed By

Agency Name: Pinnacle Real Estate Service LLC
Agency Phone: 503-984-6737

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimate Your Payment

Estimated Payment

$ 23,817.36 per month $19,720.52 Principal & Interest $2,959.33 Property Tax $1,137.50 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:04:50 AM EST) or RMLS (last updated Mon 03/02/2026 11:58:17 PM EST) or COAR/MLSCO (last updated Tue 03/03/2026 12:01:16 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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