The Rinehart Building

3037-3041 N Williams Ave & 18-20 N Monroe St, Portland, OR 97227

  • For Sale $2,400,000
  • Property Type Multi-Family
  • Property Size 13,362 SF
  • Units 9
  • Lot Size 0.11 Acre
  • Year Renovated 2014
  • Date Updated Mar 6, 2025
Located along the N Vancouver/N Williams corridor in the heart of the Eliot neighborhood within walking distance to nearby restaurants, grocery, retail, and more. Easy access to I-5 & I-405 and public transportation. Williams Avenue offers a prime bike thoroughfare and a vehicle traffic count of over 7,910 cars per day providing ample signage/billboard income opportunity on the wall facing Northbound traffic.Mixed-use multifamily asset holds two buildings on a single tax lot comprised of two commercial units and a total of seven apartments. The Rinehart Building on the corner of N. Williams & N. Monroe, includes office and retail storefront suites and five 1bd/1ba apartments on the 2nd level. This historical building underwent complete renovation in 2014. The Monroe Building, a 2014 new build duplex, encompasses a 1bd/1ba & a 2bd/1.5ba apartment with rooftop terrace. The buildings share secure garbage/recycling, storage and bike room access.Available now - turnkey bar/restaurant in the Williams district of North Portland. Across the street from Zeal - a 215 unit apartment building scheduled for completion in October.
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Highlights

  • Two commercial units w/abundant basement storage
  • Seven residential units: six 1bd/1ba + one 2bd/1.5ba w/rooftop terrace
  • Ample street parking and easy transportation access
  • Traffic count: 7,910+ cars per day + ample bike traffic
  • Secure/gated access to trash/recycling/bike storage
  • Below average market apartment rents offer upside
  • 92 Walk Score and 100 Bike Score
  • Potential billboard income on northbound traffic facing wall

Contacts

broker
Marissa Lee

Commercial Real Estate NW

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise

  • Transit Score ®

    54/100 Good Transit

  • Bike Score ®

    100/100 Biker's Paradise
Powered by Walk Score ®
  • City Portland, OR
  • Neighborhood Eliot
  • Zip Code 97227
  • Market Portland

Points of Interest

  • Northeast Weidler & 2nd

    0.76 miles

  • Northeast Weidler & Grand

    0.81 miles

  • Northeast Grand & Multnomah

    0.97 miles

  • Northeast 7th & Holladay

    1.08 miles

  • Northwest 10th & Northrup

    1.19 miles

  • Northwest Northrup & 12th

    1.24 miles

  • Northwest Lovejoy & 9th

    1.24 miles

  • Northwest 11th & Marshall

    1.24 miles

  • Northeast Grand & Hoyt

    1.26 miles

  • Northeast Martin Luther King & Hoyt

    1.26 miles

  • Chevron

    0.31 miles

  • Shell

    0.69 miles

  • 76

    0.73 miles

  • Blink

    0.81 miles

  • Fastrak

    1.45 miles

  • EVgo

    1.59 miles

  • Astro

    1.68 miles

  • Electric Island

    1.95 miles

  • Tesla Supercharger

    1.96 miles

  • PGE Electric Avenue Downtown Portland

    2.07 miles

  • Parking 4

    0.09 miles

  • Parking 1

    0.13 miles

  • Parking 3

    0.22 miles

  • Emergency Parking

    0.22 miles

  • Parking 2

    0.28 miles

  • Widmer Brewing

    0.52 miles

  • Broadway Toyota

    0.65 miles

  • Interstate Medical Office Parking Garage

    0.66 miles

  • East Garage

    0.80 miles

  • Friendly Bike Guest House

    0.51 miles

  • White Eagle

    0.52 miles

  • Broadway Inn

    0.77 miles

  • The Palms

    0.78 miles

  • Crowne Plaza Hotel

    0.81 miles

  • Shilo Inn Rose Garden

    0.81 miles

  • Kinley Manor

    0.84 miles

  • Economy Inn

    0.85 miles

  • Courtyard

    0.92 miles

  • Quality Inn

    0.96 miles

  • Mam's Kitchen

    0.20 miles

  • Better Half

    0.22 miles

  • The Whole Bowl

    0.26 miles

  • Yes Please

    0.26 miles

  • Popeyes

    0.27 miles

  • Life of Pie

    0.29 miles

  • Sushi Hada

    0.33 miles

  • Kichinto

    0.34 miles

  • Le Bontemps Café & Catering

    0.34 miles

  • Lottie & Zula's

    0.34 miles

  • Boise-Eliot Elementary School

    0.32 miles

  • Harriet Tubman Middle School

    0.45 miles

  • Self Enhancement Incorporated Academy

    0.49 miles

  • Irvington Elementary School

    0.81 miles

  • KairosPDX Learning Academy

    0.92 miles

  • Dr. Martin Luther King Jr. Elementary School

    0.92 miles

  • Maimonides Jewish Day School

    0.93 miles

  • Saint Andrew Nativity School

    1.02 miles

  • Portland English Language Academy

    1.03 miles

  • Sabin Elementary School

    1.04 miles

  • Albina Head Start

    0.44 miles

  • Albina Head Start Traci Rose Center

    0.65 miles

  • Albina Head Start Carolyn Young Center

    0.66 miles

  • Pockets Full of Posies Child Development Center

    0.76 miles

  • Albina Early Head Start

    0.81 miles

  • Sweet Day Community School

    0.95 miles

  • Chapman Elementary School @ The Ramona

    1.17 miles

  • BabyVillage

    1.21 miles

  • Aprende con Amigos Preschool Academy

    1.29 miles

  • MetroKids Playground

    1.29 miles

Frequently Asked Questions

How much does The Rinehart Building cost?

The space currently listed for sale at The Rinehart Building asks for $2,400,000.

What is the total square footage of The Rinehart Building?

The Rinehart Building totals 13,362 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Marissa Lee

Commercial Real Estate NW

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