Division Street Townhomes

13334-13410 SE Division Street, Portland, OR 97236

  • For Sale $2,600,000
  • Property Type Other
  • Units 14
  • Date Updated Aug 18, 2025

Division Street Townhomes offers investors a unique opportunity to acquire a stable, income-producing asset in one of Portland’s rapidly evolving neighborhoods. This 14-unit community, constructed in 1997 and recently enhanced with significant upgrades—including a new roof, new parking lot, and interior improvements—is well-positioned to deliver reliable returns and manageable operating costs.

Each townhome features spacious two- and three-bedroom floor plans, private entrances, in-unit laundry, dedicated parking, and ample private yard spaces, making them highly desirable as a comfortable alternative to single-family living. Given the current challenging housing market with elevated homeownership costs, these townhomes present renters with an attractive and cost-effective housing solution.

Strategically located along SE Division Street in Portland’s Powellhurst-Gilbert neighborhood, the property benefits from strong visibility and easy access to major transit routes, employment hubs, shopping, dining, and outdoor recreational areas such as Powell Butte Nature Park and the Springwater Corridor Trail.

Importantly, the property’s excellent condition and recent improvements mean lower maintenance and insurance costs, enhancing net operating income and overall profitability. Additionally, there’s significant room to raise rents, particularly given the substantial gap between current rental rates and homeownership costs in the area.

Overall, Division Street Townhomes combines robust current income with clear potential for future rent growth and cost-efficient operations, making it a compelling investment opportunity in Portland’s thriving rental market.

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Contacts

broker
Jack Stephens

HFO Investment Real Estate | a Member of GREA

Location

Getting Around

  • Walk Score ®

    74/100 Very Walkable

  • Transit Score ®

    46/100 Some Transit

  • Bike Score ®

    83/100 Very Bikeable
Powered by Walk Score ®
  • City Portland, OR
  • Neighborhood Mill Park
  • Zip Code 97236
  • Market Portland

Points of Interest

  • Southeast Main Street

    1.48 miles

  • Southeast Powell Boulevard

    1.68 miles

  • Southeast Holgate Boulevard

    1.86 miles

  • Lents Town Center/Southeast Foster Road

    2.39 miles

  • Cleveland Avenue

    5.69 miles

  • Southeast Grand & Mill

    6.07 miles

  • Southeast Martin Luther King & Mill

    6.13 miles

  • Southeast Martin Luther King & Taylor

    6.15 miles

  • Northeast 7th & Holladay

    6.18 miles

  • Southeast Water/OMSI

    6.20 miles

  • Shell Express

    0.21 miles

  • Chevron

    0.63 miles

  • Shell

    0.73 miles

  • Space Age

    0.85 miles

  • Astro

    0.85 miles

  • Leathers Fuels

    0.86 miles

  • 76

    1.35 miles

  • Blink

    2.03 miles

  • PGE Electric Avenue Eastport Plaza

    2.25 miles

  • Electrify America

    3.22 miles

  • E 122nd/Menlo Park

    1.02 miles

  • SE Main St

    1.50 miles

  • SE Powell Blvd

    1.71 miles

  • SE Holgate Blvd

    1.87 miles

  • Lot B

    2.12 miles

  • Lot A

    2.12 miles

  • Lot C

    2.16 miles

  • Slavic Church Parking/PCC Southeast Overflow Parking

    2.16 miles

  • Gateway

    2.16 miles

  • Leach Botanical Garden Car Parking

    2.18 miles

  • Montavilla Motel

    1.56 miles

  • Ramada

    1.58 miles

  • Chesnut Tree Inn

    1.63 miles

  • Motel 6

    1.80 miles

  • Aaron Motel

    2.09 miles

  • Unicorn Motel

    2.13 miles

  • Best Value Motel

    2.15 miles

  • Econo Lodge

    2.40 miles

  • Briarwood Suites

    2.41 miles

  • Comfort Inn & Suites

    2.73 miles

  • Subway

    0.20 miles

  • Taco Bell

    0.21 miles

  • Vegas Chinese Restaurant

    0.24 miles

  • Gold Garden

    0.25 miles

  • Pizza Baron

    0.27 miles

  • Pizza Hut

    0.28 miles

  • Juba

    0.28 miles

  • Burger King

    0.28 miles

  • Luna Azul

    0.31 miles

  • Taco Time

    0.32 miles

  • Mill Park Elementary School

    0.34 miles

  • Christian School of Portland

    0.44 miles

  • Lincoln Park Elementary School

    0.48 miles

  • West Powellhurst Elementary School

    0.55 miles

  • David Douglas High School

    0.67 miles

  • David Douglas Arthur Academy

    0.67 miles

  • North Powellhurst School

    0.68 miles

  • Fir Ridge Campus

    0.69 miles

  • North Powellhurst Campus

    0.72 miles

  • Cherry Park Elementary School

    0.97 miles

  • Shannon's Child Care & Preschool

    0.73 miles

  • Woodfish Preschool

    0.89 miles

  • Cadence Academy

    1.41 miles

  • Play School Daycare

    1.65 miles

  • YMCA Child Care

    2.26 miles

  • KinderCare

    2.50 miles

  • Happy Valley Children's Garden

    2.58 miles

  • Early Learning Center

    2.69 miles

  • TCA Creative Minds

    3.04 miles

  • Clear Creek Preschool

    3.11 miles

Frequently Asked Questions

How much does Division Street Townhomes cost?

The space currently listed for sale at Division Street Townhomes asks for $2,600,000.

What is the total square footage of Division Street Townhomes?

Division Street Townhomes totals 13,508 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Jack Stephens

HFO Investment Real Estate | a Member of GREA

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