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16 SW Porter Street SWPortland, OR 97201Price: $3,500,000

  • Price: $3,500,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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Federal 30-year interest rate: 6.76% last updated on Sep 10, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,500,000List Price
  • 0.11Acreage
  • 10,734Square Feet
Listed by Allen Riddle of MORE Realty (503-740-3786)
New Listing
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201
16 SW Porter Street SW Portland OR 97201

Listing Tools

OWNER CARRIED FINANCING AVAILABLE WITH GREAT TERMS AND ECONOMICS. Prime Investment Opportunity at 16 SW Porter Street will not last long on the market with a $237,317 Net Operating and a 6.78% Capitalization Rate is a Fantastic Property to add to your Portfolio. This 32 Unit Apartment Complex with 31 - studios and 1 - 1bedroom / 1 bathroom is a Solid Investment Opportunity in the Heart of the Caruthers Neighborhood. Attractive Owner Carried Financing with many options. We can provide additional information on the owner carried contract availability. Most of the tenants are under a Year Lease with 6 tenants on a month to month tenancy. NEW MEMBRANE ROOF AS OF AUGUST 21, 2026 AND A NEW ENERGY STAR WATER HEATER SYSTEM INSTALLED AUGUST OF 2026. Solid rental history with many Long term Tenants. All tenants are individually metered. The Apartment Complex does have a Coin Op Washer and Dryer that Brings in an additional $5732 plus a year to add to the investment bottom line. Please feel free to drive by the apartment complex but please do not disturb the tenants. All Purchase Agreements shall be written " Subject To Interior Inspection " . There are No Signs on the property or building.

Property Details of 16 SW Porter Street SW

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Based on information submitted to OR_RMLS_WEB_API as of September 12, 2026 12:44 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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