Map of Property

The Drake Apartments

For Sale

2308 SW Osage St, Portland, OR 97205

This Portland property for sale is located at 2308 SW Osage St. The current listed sale price for The Drake Apartments is $1,549,000. The Drake Apartments is situated on a lot that is 0.23 square feet in size.

Contacts

Tyler Linn
Kenneth Verbeck
Sean Worl

Property Details

  • Property Type Other
  • Property Size 12 SF
  • Lot Size 0.23 SF
  • Year Built 1904
  • Date Updated Oct 26, 2026

The Drake Apartments presents the opportunity to acquire a well-maintained 12-unit historic multifamily community located in Portland's highly desirable Kings Hill/Goose Hollow neighborhood. Comprised of two vintage apartment buildings originally constructed in 1904, the property offers approximately 9,623 square feet of rentable area on a 0.23-acre site just west of Downtown Portland.


The property features a diverse mix of studio, one-, two-, and three-bedroom apartments averaging approximately 783 square feet. Many residences offer hardwood flooring, updated kitchens, oversized windows providing abundant natural light, and select private decks with downtown views. 


Ideally positioned within walking distance of Washington Park, Providence Park, Zupan's Market, Downtown Portland, and MAX Light Rail and bus lines, The Drake offers residents an exceptional urban lifestyle with a Walk Score of 95. The combination of historic charm, strong in-place cash flow, and continued rental upside provides investors with an attractive value-add opportunity in one of Portland's most established neighborhoods.

Available

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Getting around

  • 92/100

    Walk Score ®

  • 68/100

    Transit Score ®

  • 73/100

    Bike Score ®

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Location

  • City Portland, OR
  • Neighborhood Goose Hollow
  • Zip Code 97205
  • Market Portland

Points of Interest

  • Northwest Lovejoy & 22nd

    0.50 miles

  • Northwest Lovejoy & 21st

    0.54 miles

  • Northwest Northrup & 22nd

    0.61 miles

  • Northwest Northrup & 21st

    0.64 miles

  • Northwest Northrup & 18th

    0.77 miles

  • Southwest 11th & Taylor

    0.79 miles

  • Southwest 11th & Alder

    0.81 miles

  • Southwest 11th & Clay

    0.83 miles

  • Southwest 10th & Alder

    0.86 miles

  • Northwest 11th & Glisan

    0.87 miles

  • Chevron

    0.10 miles

  • Astro

    0.59 miles

  • EVgo

    0.79 miles

  • Tesla Supercharger

    0.96 miles

  • Blink

    1.15 miles

  • PGE Electric Avenue Downtown Portland

    1.27 miles

  • ChargePoint

    1.37 miles

  • Shell

    1.50 miles

  • Pacific Pride

    1.62 miles

  • Electric Island

    2.40 miles

  • Oregon Holocaust Memorial

    0.20 miles

  • U-Park

    0.48 miles

  • Parking Lot A

    0.51 miles

  • Parking Lot B

    0.52 miles

  • Wilcox Parking

    0.58 miles

  • PMC

    0.71 miles

  • Park Lane Suites & Inn

    0.20 miles

  • Northwest Portland International Hostel and Guesthouse

    0.52 miles

  • Hotel deLuxe

    0.57 miles

  • Inn at Northrup Station

    0.66 miles

  • Crystal Hotel

    0.77 miles

  • Hyatt Centric

    0.79 miles

  • The Mark Spencer Hotel

    0.81 miles

  • Oakwood

    0.82 miles

  • Sentinel

    0.83 miles

  • Moxy

    0.85 miles

  • Zupan's

    0.03 miles

  • Trader Joe's

    0.31 miles

  • Fred Meyer

    0.32 miles

  • Whole Foods Market

    0.77 miles

  • New Seasons Market

    0.78 miles

  • Safeway

    0.85 miles

  • World Foods

    0.95 miles

  • Nordstrom

    0.96 miles

  • Muji Portland

    1.06 miles

  • Sheridan Fruit Company

    1.80 miles

Contact The Drake Apartments
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