2 months on rocket

11401 SE Powell Blvd, Portland, OR, 97266

$1,450,000

Home List Price

$10,000*

Closing Credit

0 Baths
8,292 SqFt
$175/SqFt
House

Location

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11401 SE Powell Blvd, Portland$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1973
HeatingBaseboard
MLS #24200635
Lot Size0.75 Acres
StatusActive

About 11401 SE Powell Blvd

Powell Flats is a 10-unit, garden-style apartment complex in Portland’s Powellhurst-Gilbert area. Built in 1973, it offers two-bedroom, two-bath units with an average rent of $1,470. Four of the units are vacant, creating immediate value-add potential. Investors can increase rental income by upgrading units and aligning rents with the market rate of $1,500, making it a strong investment opportunity in a growing submarket.

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Stories: 1
  • Living Area: 8,292 SqFt

Listing Office:

  • Office Name: Bridge Creek Realty
  • Office Phone: (503) 508-0131
  • Listing Agent: Ian Crist

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.75 Acres

Utilities

Utilities Information:

  • Heating: Baseboard

Other

Directions Information:

  • Directions: 11401-11415 SE Powell Blvd Portland, OR 97266

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $175/SqFt
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

11401 SE Powell Blvd vs Portland

63 DAYS ON ROCKET

+9 Days

$1,450,000

+$907.6K More

$175/SqFt

-$141 Less

KEY TAKEAWAY

This property is $907.6K more than the Median Sold Price and $141/SqFt less than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24200635

Listing Office:

  • Office Name: Bridge Creek Realty
  • Office Phone: (503) 508-0131
  • Listing Agent: Ian Crist

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/24/2024, 9:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1425425
2
/10

  • West Powellhurst Elementary School

  • 2921 SE 116th Ave

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-1425426
2
/10

  • Earl Boyles Elementary School

  • 10822 SE Bush St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-1425427
2
/10

  • Gilbert Heights Elementary School

  • 12839 SE Holgate Blvd

  • 0.84 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,961. Most Portland, OR residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11401 SE Powell Blvd

What is the listing price of this property?

The listing price of 11401 SE Powell Blvd property is $1,450,000.

What type of property is this?

The property 11401 SE Powell Blvd is a house located in Portland, Oregon, 97266.

Is this property for sale now?

Active Listing: 11401 SE Powell Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 11401 SE Powell Blvd is 8,292 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11401 SE Powell Blvd is 1973.

Rocket Homes›Oregon›Multnomah County›Portland›97266›11401 SE Powell Blvd

This home is located at 11401 SE Powell Blvd in Portland, OR and zip code 97266 in the East Portland neighborhood. This 8,292 square foot home, which was built in 1973, sits on a 0.75 acre lot. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $1,450,000.

While more than 253 listings in Portland, OR in November 2024 were sold above asking price, there were more than 166 listings sold at asking price, and more than 320 were sold below. The number of listings in Portland, OR decreased by 11.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 54 days, the median list price was $542,392.

From Rocket Homes Real Estate and based on county public records data.

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