Portland · Commercial sale

MJ Property buys 611 SE 139th Ave in Portland for $1.76 million

An apartment complex at 611 SE 139th Ave, Portland sold for $1,758,000 on September 8, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 611 SE 139th Ave, Portland with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Multnomah County Assessor. The photo can predate the sale.
Sale price
$1,758,000
Sold
September 8, 2026
Property type
Apartment complex
Building area
9,844 sq ft
Price per sq ft
$179
Year built
1968

The $1,758,000 sale was 30% above the property's recorded market value of $1,354,100, according to Multnomah County Assessor's records.

An apartment complex at 611 SE 139th Ave in Portland sold on September 8, 2026, according to the Assessor's sales records. The record lists MJ Property LLC as the buyer.

Assessor's records show 9,844 square feet of building area, a 1968 construction date and a 0.76-acre lot. The sale price works out to $179 per square foot.

What this sale costs to close

What does closing cost at this price? Under Multnomah County custom the seller's larger charges are $4,364.40 for the owner's title insurance policy and $650 for the escrow fee. The seller's estimated net is $1,749,891 before brokerage commissions and any loan payoff. A cash buyer would need about $1,755,712 at closing.

Run this net sheet with your numbers (free)

611 SE 139th Ave, Portland, OR.

Source: Multnomah County Assessor, via PortlandMaps taxlots, document R183734-20260908. 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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