2442 Washington Ave, Portland, OR 97201

Description

Class A property with premium finishes and amenities. Attracts high-quality tenants willing to pay premium rents.

Building Size

61,970 SF

Lot Size

187,737 SF

Year Built

2024

For Sale

Verified

Asking Price

$21,480,000

Net Operating Income

Pro Forma

$1,890,240

Gross Income$2,646,336

Operating Expenses$756,096

Vacancy Rate4%

Cap Rate

8.8%

Occupancy: 90%

1031 Eligible

Listed by

David Park

developer

Last verified: 4/23/2026