Market snapshot

Who Is Buying in 97231 (Portland)

Cash-buyer and investment activity over the last 12 months.

Data last updated

In Portland (97231), investors own about 41 tracked properties across 11 active buyers, with a median investor purchase price near $604,000. 13 were acquired in the last 12 months.

11
Active Cash Buyers
41
Investor-Owned Properties
13
Acquisitions (12 mo)
$604,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)13
Acquisitions (last 24 mo)29
Share acquired in last 12 mo31.7%
Average purchase price$570,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments6
Gated contacts available12

Property Characteristics

Median building size (sqft)2,118
Average building size (sqft)2,654
Median year built1977
Average year built1969
Built before 198066.7%

Investment Strategy Mix

Value-Add / Rehab66.7%
Buy & Hold33.3%
New Construction0.0%

Hottest ZIP codes for investors

97205 · 19597209 · 9797206 · 86
Market read

Inside the 97231 numbers

Strategy here skews to value-add / rehab, which accounts for 66.7% of tracked deals. That favors sellers bringing renovation projects: the capital here is set up to take on work, not to avoid it.

Volume fell to 13 investor purchases over the last 12 months from about 16, down some 19%. Negotiating leverage has shifted toward whoever is still buying.

Typical deal size in 97231 sits around $604,000. The average of $570,000 is close behind, so purchases cluster in a fairly tight band rather than splitting into price tiers.

The median investor-owned home was built around 1977. With 66.7% built before 1980, expect pre-1978 disclosure obligations and aging mechanicals on most of what trades.

Investor ownership in 97231 runs to roughly 41 properties, spread across 11 active buyers. Each averaged under 1.2 purchases over the last 12 months, so the pool is broad rather than concentrated: more names to work, with less riding on any single relationship.

These numbers come from recorded purchases in this ZIP code, updated as new records land. They report what has already happened and are not a prediction or investment advice.

Answers

Answers to the usual questions

How many investors are active in Portland?
There are 11 active investors owning 41 tracked properties in Portland.
What is the median investor purchase price in Portland?
The median investor purchase price is about $604,000 in Portland.
How active is the Portland investor market recently?
13 properties were acquired by investors in the last 12 months in Portland.
Is there recent new-construction investor activity in Portland?
0 new-construction homes were acquired by investors in Portland in the last 90 days.

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