The EastBank Quarters is a beautiful new construction 12 unit apartment building in the heart of the desirable Sellwood neighborhood. Tenants enjoy spacious and luxurious living in these modern units with stunning views from the top floors. Expansive windows give the EastBank Quarters a look and feel that is unmatched in the area. Investors can enjoy Sellwood's low vacancy and premium rents. Building is 92% leased as of 10/6/2017.
Multi-familyProperty Type
2017Year Built
$305Price/Sq.Ft.
Listed by Nick Krautter, P.C..• Keller Williams PDX Central
Listed by Thomas Geffner• Keller Williams PDX Central
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
50 ft.
Lot depth
100 ft.
Lot size
5,000 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
2017
Style
Other
County
Multnomah County
APN
R266766
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
CM2
D
Commercial/Mixed Use 2
The Commercial/Mixed Use 2 (CM2) zone is a medium scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits. Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.
Zone overlays
Design Overlay Zone
Permitted uses
Include but are not limited to:
Religious facility
Automotive repair garage
Day care facility
General retail
Hospital / medical center
Housing
Office
Educational / school
Recreation-Other
Park & open space
Aug 24, 2017 • Final
Commercial building
New construction
Aug 17, 2017 • Final
Commercial building
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: None
Exterior
Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Level
Parcel Number: R266766
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: New Construction
View YN: No
Building Information
Year Built: 2017
Building Area Total: 10,332
Financial
Tax Information
Tax Legal Description: SELLWOOD, BLOCK 10, E 1/2 OF LOT 1&2
Tax Annual Amount: $2,958.74
Rent Information
Rent Includes: Trash Collection
Lease / Rent Information
CAP Rate: 5.16
Gross Rent Multiplier: 14.63
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Mini Split
Cooling YN: No
Cooling: Other
Location
Multi Unit Information
# Of Units Total: 12
Unit Information
Unit Type: 1, 2, 3, 4, 5, 6
Unit Type 1 Information
Actual Rent: $1,275
Area: 500
Baths Total: 1
Beds Total: 1
Features: Air Conditioning, Dishwasher, Disposal, Refrigerator
Units Total: 2
Unit Type 2 Information
Actual Rent: $1,249
Area: 456
BathsTotal: 1
Beds Total: 1
Features: Air Conditioning, Dishwasher, Disposal, Refrigerator
Units Total: 1
Unit Type 3 Information
Actual Rent: $1,299
Area: 500
Baths Total: 1
Beds Total: 1
Features: Air Conditioning, Dishwasher, Disposal, Refrigerator
Units Total: 2
Unit Type 4 Information
Actual Rent: $1,299
Area: 456
Baths Total: 1
Beds Total: 1
Features: Air Conditioning, Dishwasher, Disposal, Refrigerator
Units Total: 1
Unit Type 5 Information
Actual Rent: $1,899
Area: 1,045
Baths Total: 2
Beds Total: 2
Features: Air Conditioning, Dishwasher, Disposal, Refrigerator
Units Total: 2
Unit Type 6 Information
Actual Rent: $1,849
Area: 916
Baths Total: 2
Beds Total: 2
Features: Air Conditioning, Dishwasher, Disposal, Refrigerator
Units Total: 4
School Information
Elementary School: Llewellyn
Middle Or Junior School: Sellwood
High School: Cleveland
Location Information
Directions: McLoughlin to Tacoma, East to 7th, North to Spokane
Unparsed Address: 686 SE SPOKANE ST, Portland, OR 97202
Community Information
Zoning: CS
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 5,000 square feet
Style: Other
Year Built: 2017
Year Renovated: —
County: Multnomah County
APN: R266766
Home facts updated by county records on Jul 15, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Llewellyn Elementary School
Public K-5 • Assigned • 0.9mi
10/10
Sellwood Middle School
Public 6-8 • Assigned • 0.5mi
8/10
Cleveland High School
Public 9-12 • Assigned • 2.5mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97202
Average low and high temperatures (°F)
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78
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48
53
44
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42
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Sun exposure
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