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Listed by Knipe Realty ERA Powered • 503-201-8537
$ 3,225,000
Est. payment /mo
Active
4775 NE 107TH AVE Portland, OR 97220
10,480 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,480 sqft
Price per Sqft $307
Subdivision Parkrose
MLS Listing ID 752828656
HOA Y/N No
Year Built 2024
Annual Tax Amount $28,957
Tax Year 2025
Lot Size 4,791 Sqft
Property Description
Recently constructed and fully stabilized 16-unit apartment building located in Portland's Parkrose neighborhood. This turn-key investment offers low-maintenance ownership with modernsystems, contemporary finishes, and a balanced mix of unit types designed to attract a broad tenant base. Built with long-term durability and operational efficiency in mind, the property features well-finished units with quality fixtures, high-end kitchens, in unit washer/dryers, and established occupancy. The diversified unit mix supports stable occupancy and consistent cash flow, appealing to both traditional renters and high demand workforce housing that is near NE Sandy Blvd, grocery, close access to the airport, and transit.
Location
State OR
County Multnomah
Area _142
Zoning RM2
Rooms
Basement None
Interior
Heating Wall Heater
Cooling Air Conditioning Ready
Exterior
View Seasonal
Roof Type Composition
Garage No
Building
Lot Description Gated, Level
Story 4
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 4
Schools
Elementary Schools Other
Middle Schools Roseway Heights
High Schools Parkrose
Others
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
