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Mixed Use Active Online Auction ID NX-1009
Union Street Mixed-Use
1420 SE Union Ave · Portland, OR
Starting Bid
$9,750,000
Auction Oct 16, 2026
Property Overview
A five-story building with 36 apartments above 9,000 SF of ground-floor retail in Portland’s Central Eastside.
The property is being offered on an as-is basis. Execute the confidentiality agreement below to access the offering memorandum, rent roll, operating statements and third-party reports.
Investment Highlights
- 36 residential units over street retail
- Walk score of 96
- Local and regional retail tenants
- Bid online during the published auction window
Key Facts
- Property Type
- Mixed Use
- Asking Price
- $9,750,000
- Building Size
- 48,000 SF
- Units / Keys
- 36
- Year Built
- 2015
- Occupancy
- 94%
- Cap Rate
- 6.05%
- NOI
- $589,875
- Price / SF
- $203
Due Diligence Documents
Offering Memorandum 1
- PDFOffering MemorandumPDF · 1 KBLog in
Financials 1
- PDFTrailing 12-Month Operating StatementPDF · 2 KBLog in
Leases & Rent Roll 1
- PDFRent Roll / Lease AbstractsPDF · 1 KBLog in
Property Reports 1
- PDFThird-Party Reports (PCA, Phase I)PDF · 2 KBLog in
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