611 SE 139TH AVE, Portland, OR 97233

$1,758,000
10,180
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,758,000
List Price
$1,925,000
Closing Date
Sep 09, 2026
Days on Market
93
MLS#
756370414
Property Type
Multifamily
Sqft. of Residence
10,180
Lot Size
20, 000 SqFt to .99 Acres
Region
Portland Southeast
Status
SOLD

Property Description

Walnut Manor Apartments is a well-maintained 12-unit multifamily community located at 611 SE 139th Avenue in Portland’s Hazelwood neighborhood of SE Portland. Constructed in 1968, the property consists entirely of spacious single-level two-bedroom units, offering residents an attractive low-density living environment that is increasingly rare among comparable vintage apartment communities in the Portland market. Situated on approximately 0.75 acres, the property benefits from an efficient site layout with ample off-street parking and strong overall curb appeal.The community features twelve large 2-bedroom/1-bath floorplans, including eleven units at approximately 830 square feet and one unit at approximately 900 square feet. Each apartment includes private fenced patio areas, washer/dryer hookups with owner-provided appliances, ductless mini-split heating and air conditioning systems, and double-pane vinyl windows. Interior finishes throughout the property include a combination of bamboo flooring and luxury vinyl plank flooring in nearly all units, contributing to strong resident appeal and long-term tenant retention.The units offer bright, comfortable living spaces with abundant natural light, clean neutral finishes, and functional layouts that appeal to a broad tenant base. Spacious kitchens feature ample cabinet storage and full appliance packages, while sliding glass doors provide direct access to private outdoor patio spaces, creating an attractive blend of indoor and outdoor living rarely found in comparable vintage product.Current ownership has completed several meaningful capital improvements over time, including a full roof replacement in 2017 and complete gutter replacement in 2024. Ownership also participated in Energy Trust of Oregon efficiency programs, resulting in upgraded insulation, vinyl windows, and additional energy-efficiency improvements throughout the property. Unit interiors have also been thoughtfully upgraded during turnover periods.

Additional Information

Tax Amount
$21,944
Year Built
1968
High School
David Douglas
Elementary School
Menlo Park
Middle School
Floyd Light
Acres
0.76
Living Area
10,180
Stories
1
Subdivision
HAZELWOOD
Terms
Call Listing Agent, Cash, Conventional
Cooling Description
Mini Split
Fuel Description
Electricity
Heating Description
Wall Heater
Hoa Rent Includes
Maintenance Grounds
Hot Water Description
Electricity
Exterior Description
Brick, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Off Street, Open
Parking Description
Off Street, Open
Road Surface
Paved
Number Of Units Total
12
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1468
Unit Type One Sq Ft
830
Unit Type One Units Total
11
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Barry Investment Real Estate. Selling Office: Real Estate Performance Group.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.