Beverly Rose Terrace

For Sale

1901-1943 SE 122nd Ave., Portland, OR 97233

This Portland property for sale is located at 1901-1943 SE 122nd Ave.. The current listed sale price for Beverly Rose Terrace is $5,460,000.

Contacts

Jack Stephens

HFO Investment Real Estate | a Member of GREA

Property Details

  • Property Type Other
  • Units 42
  • Year Built 1999
  • Date Updated Aug 9, 2026

HFO is pleased to present Beverly Rose Terrace, a 42-unit multifamily community offering investors a compelling value-add opportunity in East Portland. The property provides a clear path to income stabilization through lease-up, mark-to-market rent growth, and operational improvements rather than significant capital investment. Comprised almost entirely of spacious two-bedroom apartment homes with in-unit washers and dryers, air conditioning, and assigned off-street parking, Beverly Rose Terrace is well positioned to attract and retain long-term residents. Located adjacent to the newly redeveloped Mill Park and within close proximity to Adventist Health Portland, Walla Walla University School of Nursing, and the East Portland Community Center, the property benefits from a strong employment base and abundant neighborhood amenities. Convenient access to US-26, I-205, TriMet transit, and nearby retail further enhances its appeal, making Beverly Rose Terrace an attractive opportunity to acquire a well-located asset with significant upside potential through disciplined asset management.

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Getting around

  • 76/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 86/100

    Bike Score ®

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Location

  • City Portland, OR
  • Neighborhood Mill Park
  • Zip Code 97233

Points of Interest

  • Southeast Main Street

    1.31 miles

  • Southeast Powell Boulevard

    1.66 miles

  • Southeast Holgate Boulevard

    1.87 miles

  • Lents Town Center/Southeast Foster Road

    2.45 miles

  • Cleveland Avenue

    5.83 miles

  • Southeast Grand & Mill

    5.94 miles

  • Southeast Martin Luther King & Mill

    5.99 miles

  • Southeast Martin Luther King & Taylor

    6.00 miles

  • Northeast 7th & Holladay

    6.01 miles

  • Northeast Grand & Hoyt

    6.06 miles

  • Shell Express

    0.36 miles

  • Chevron

    0.60 miles

  • Astro

    0.67 miles

  • Space Age

    0.74 miles

  • Shell

    0.89 miles

  • Leathers Fuels

    0.95 miles

  • 76

    1.16 miles

  • Blink

    1.82 miles

  • PGE Electric Avenue Eastport Plaza

    2.21 miles

  • Electrify America

    3.03 miles

  • E 122nd/Menlo Park

    0.85 miles

  • SE Main St

    1.33 miles

  • SE Powell Blvd

    1.69 miles

  • SE Holgate Blvd

    1.88 miles

  • Gateway

    1.95 miles

  • Lot B

    1.99 miles

  • Lot A

    2.00 miles

  • Lot C

    2.03 miles

  • Slavic Church Parking/PCC Southeast Overflow Parking

    2.03 miles

  • Lot D

    2.07 miles

  • Montavilla Motel

    1.36 miles

  • Ramada

    1.38 miles

  • Chesnut Tree Inn

    1.43 miles

  • Motel 6

    1.60 miles

  • Aaron Motel

    1.99 miles

  • Unicorn Motel

    2.05 miles

  • Best Value Motel

    2.09 miles

  • Briarwood Suites

    2.35 miles

  • Econo Lodge

    2.38 miles

  • Comfort Inn & Suites

    2.52 miles

  • Mingala International Mart

    0.44 miles

  • Grocery Outlet

    0.48 miles

  • Plaza 125

    0.68 miles

  • Roman Russian Supermarket

    0.73 miles

  • 130th Stark Street Mall

    0.77 miles

  • Safeway

    0.93 miles

  • Imperial Euro Market

    1.10 miles

  • Target

    1.23 miles

  • Fred Meyer

    1.33 miles

  • Europa PDX

    1.43 miles

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