1611 NW Marshall St
Portland OR 97209

1611 NW Marshall St

1611 NW Marshall St Portland OR 97209

Listing #: 712380 | Status: Available | Last Modified: 5/4/2026 |

For Sale
Tim McKay
  • Phone:(206) 369-7599
  • Email:tim.mckay@cushwake.com
  • Office Name:Cushman & Wakefield
  • Office Phone:(208) 287-9500
  • Office Website:
Matt Kemper
Daniel Chhan
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
snapshot.png
Price Information
  • Listing Price$ 00.0
  • $/SF$ 00.0
  • $/Unit$ 00.0
  • Listing StatusAvailable
  • Days on Market26
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.00 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors6
  • # of Units80
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF40662
  • Net Rentable Area0
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF9701
  • Acres0.22
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyMultnomah
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaNot Assigned
  • Tax ID #R140977
  • Additional Parcels
  • ZoningCM3
Construction
  • Year Built2020
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeConcrete

The Premier Affordable Studio Community in Portlan

Public Comments

We are pleased to present KOZ on Sixteenth, an 80-unit studio community at 1611 NW Marshall Street in Portland’s Slabtown / Northwest submarket. The asset offers a rare opportunity to acquire a stabilized property in one of the region’s most walkable, amenity-rich neighborhoods. KOZ stands out in the competitive set as a well-located, lower-cost option without sacrificing quality. While nearby studios lease for $1,300–$1,600, KOZ achieves approximately $1,175–$1,200, creating a consistent pricing advantage that supports strong occupancy, retention, and demand. The mid-rise property is designed for Portland’s urban workforce, with efficient layouts and a full amenity package including controlled access, elevator, bike storage, secured parking, onsite laundry, courtyard space, and intern