Damonian Pike

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Listing provided courtesy of Where, Inc.- MLS# 651604401MLS Provider

1225 NW MURRAY RDPortland, OR 97229

Commercial · 22,806 Sq. ft. | 1.82 Acres
$6,750,000 Active

1225 NW MURRAY RD Overview

Time on Site:
53 days
Visits:
4

This exceptional property has both a 22,000SF+ commercial office building as well as 12 unit apartment building on Property in excellent SW Washington county location. Great opportunity for an investor! Solid condition. Please Do not disturb the tenants. Apartments Fully occupied. Write offers subject to interior inspection. Original owners-first time on the market! Diversify your real estate portfolio with one investment!

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1225 NW MURRAY RD Facts & Features

  • Type Commercial
  • Sq. ft. 22,806
  • Price/Sq.ft. $296
  • Lot 1.82 Acres

Details

General

Income/Expenses

  • Gross Income: 546129.0
  • Gross Scheduled Income: 574450.0
  • Operating Expense: 208417.0

Building Information

  • Year Built: 1980

Business Information

  • Current Use: Multi Family,Office

Location/Region

  • Country: US
  • County Or Parish: Washington
  • MLS Area Major: 149 - NW Washington Co or Sauvie Island

Tax Information

  • Tax Annual Amount: 69256.88

General Information

  • Inclusions: Building,Land
  • Listing Terms: Cash,Conventional
  • Parcel Number: R971540
  • Property Condition: Existing
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: TO: BUS

Interior

Building Interior

  • Building Area Total: 22806.0

General Information

  • Cooling: Central Air
  • Heating: Baseboard,Forced Air,Wall Heater
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Site
  • Parking Total: 53.0

Lot Information

  • Lot Size Acres: 1.82
  • Lot Size Area: 79279SF
  • Lot Size Square Feet: 79279.0
  • Number Of Buildings: 2
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Cement Siding,Stucco
  • Roof: Composition,Flat,Membrane

General Information

  • Sewer: Public Sewer

1225 NW MURRAY RD Neighborhood

Community

97229 (Portland) Demographics

39
Median Age
3,477
Population Density (per sq. mile)
73%
College Educated
$123,522
Estimated Median Income
17,950
Estimated Total Home Owners
7,854
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
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.
* 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.

1225 NW MURRAY RD Market Data

Based on the last 30 days in this zip code

$860,888
Average List Price
$316
Average Price per Square Foot
77
Properties Sold
84
Average Days on Market
470
Properties for Sale
Calculations provided by Reliance Network

1225 NW MURRAY RD History

Date Event Value Agent
5/7/2026Source: Regional MLS Added to Database
May 07, 2026