1221 SE Madison St Portland, OR 97214
Listing Courtesy of: Windermere / Windermere Realty Trust / Aimee Virnig

  1221 SE Madison St Portland, OR 97214

Active (2 Days)
$1,795,000

Description

A true midcentury office building in the heart of Hawthorne/inner SE. Built in 1960 with exposed beams, butterfly ceiling and remnants of the original grass cloth, this has been a beloved property to owner occupied users and later an investment property. It has been home to school district offices, a CPA firm and most recently a natural health clinic. ADA ramp to lower level provides wheelchair accessibility. Two separate entrances and separation allow for multiple tenants. Upstairs features 2545 sf, 8 spacious individual offices, a large lobby and 2 bathrooms (One of the offices features a sink area that could be a kitchenette/break room). Lower level is 2488sf with a kitchenette, 2 bathrooms and 9 smaller offices and a lobby. Several configuration options, but 19 offices and 2 lobby areas as it sits! Nice rear parking lot with at least 6 spots. Lower level recently upgraded with luxury vinyl floors & 2024 waterproofing/trenching system. Furnace replacement (2024). So many options - designers/law offices/real estate office...Listing Agent is related to seller and a Co-Trustee for trust selling the property. MLS#: 24466195

MLS #:
NMLRJKDVKTYKD
Taxes
$13,093
Lot Size
7,000 SQFT
Type
Multifamily
Year Built
1960
County
Multnomah County
Community
Hawthorne

Listed By

Aimee Virnig, Windermere Realty Trust
Source
RMLS
Last checked Jan 15 2025 at 11:15 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Forced Air
  • Central Air
Exterior Features
  • Roof: Composition
Utility Information
  • Fuel: Gas
Location
   
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Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Windermere Real Estate Services Company, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (1/15/25 03:15). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.