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Listing provided courtesy of Pounder Realty LLC- MLS# 374178113MLS Provider

10 S PORTER STPortland, OR 97201

Multi-Family · 0.33 Acres
$2,800,000 Active

10 S PORTER ST Overview

Time on Site:
172 days
Visits:
9

Massive $560k price reduction! South Portland 28 unit apartment community. Easy walk to downtown and public transport.Long history of high occupancy and same ownership for over 22 years. Seller will 1031 exchange. Contact broker for full marketing package. Please do not disturb residents.

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10 S PORTER ST Facts & Features

  • Type Multi-Family
  • Lot 0.33 Acres

Details

General

School Information

  • Elementary School: Ainsworth
  • Middle Or Junior School: West Sylvan
  • High School: Lincoln

Income/Expenses

  • Gross Income: 348644.0
  • Gross Scheduled Income: 367422.0
  • Net Operating Income: 200834.0
  • Operating Expense: 147810.0

Building Information

  • Year Built: 1976

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 148 - Portland NW/ SW/ S, Raleigh Hills

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 38630.06
  • Tax Year: 2025

General Information

  • Disclosures: Exempt
  • Listing Terms: Call Listing Agent
  • Parcel Number: R128813
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: Multi

Interior

General Information

  • Heating: Baseboard
  • Stories: 3

Exterior

Parking Information

  • Parking Features: Paved

Lot Information

  • Lot Size Acres: 0.33
  • Lot Size Square Feet: 14374.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Flat

General Information

  • Number Of Units Total: 28
  • Sewer: Public Sewer

10 S PORTER ST Neighborhood

Community

97201 (Portland) Demographics

32
Median Age
8,080
Population Density (per sq. mile)
74%
College Educated
$58,850
Estimated Median Income
2,589
Estimated Total Home Owners
6,721
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

10 S PORTER ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

10 S PORTER ST Market Data

Based on the last 30 days in this zip code

$821,535
Average List Price
$376
Average Price per Square Foot
18
Properties Sold
149
Average Days on Market
161
Properties for Sale
Calculations provided by Reliance Network

10 S PORTER ST History

Date Event Value Agent
3/21/2026Source: Regional MLS Price Reduction
$2,800,000 -4.8%
2/26/2026Source: Regional MLS Price Reduction
$2,940,000 -16.0%
1/8/2026Source: Regional MLS Added to Database
January 08, 2026