Portland · Commercial sale

TP Hawthorne Propco buys 2828 SE Taylor St in Portland for $21.6 million

A nursing home at 2828 SE Taylor St, Portland sold for $21,600,000 on September 24, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 2828 SE Taylor St, Portland with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Multnomah County Assessor. The photo can predate the sale.
Sale price
$21,600,000
Sold
September 24, 2026
Property type
Nursing home
Building area
51,704 sq ft
Price per sq ft
$418
Year built
2007

A nursing home at 2828 SE Taylor St in Portland sold for $21,600,000. The Multnomah County Assessor's records show a market value of $12,851,320. The sale price is 68% above that.

The Assessor's records also show the building has 51,704 square feet. It was built in 2007 on a 0.75-acre lot. The price works out to $418 per square foot.

The sale closed on September 24, 2026, according to the Assessor's sales records. The buyer is TP Hawthorne Propco LLC.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Multnomah County?

By our estimate, the seller's two largest charges, not counting prorations, were $40,080 for the owner's title insurance policy and $650 for the escrow fee. Who pays what follows Multnomah County custom.

How much did the seller net?

By our estimate, the seller netted about $21,513,406. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $21,554,942 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

2828 SE Taylor St, Portland, OR.

Source: Multnomah County Assessor, via PortlandMaps taxlots, document R175750-20260924. Property details: Multnomah County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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