1221 SE MADISON ST

Portland, 97214

  • Bed

  • Bath

  • 5033 SqFt

  • 145 DOM

  • Built: 1960

  • Status: Active

$1,795,000

X

1221 SE MADISON ST

Portland 97214

$1795000

  • Bed

  • Bath

  • 5033 SqFt

  • 145 DOM

  • Built: 1960

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

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. Seller will consider carrying a contract.

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Residence Information

  • 5033

  • Composition

  • 2

  • 1960

  • No

Features and Utilities

  • CentralAir

  • ForcedAir

  • PublicSewer

  • Gas

Financial

  • 13093

  • Cash,Contract,Conventional

  • 01-12-2025

  • No

  • No

Comparable Information

  • 145

  • 145

  • Cash,Contract,Conventional

  • $1,795,000

  • $1,795,000

  • Jun 06, 2025 02:19

Schools

Map

Listing courtesy of Windermere Realty Trust.

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 © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Jun 06, 2025 14:38 | Listing last modified Jun 06, 2025 02:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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