11 NE 55TH AVE, Portland, OR 97213

$3,099,999
9,647
SqFt

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List Price
$3,099,999
Price Change
▼ $249,901 1778294831
Days on Market
358
MLS#
619792928
Property Type
Multifamily
Sqft. of Residence
9,647
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

Exceptional investment opportunity in Portland’s coveted North Tabor neighborhood. This newly constructed 16-unit apartment building, completed by a respected local builder, offers modern design, long-term durability, and broad rental appeal. With a proven rental history and low-maintenance construction, this turnkey property is ideal for both seasoned investors and those looking to expand their portfolio. The building features a desirable mix of thoughtfully designed units, allowing for flexible leasing and strong occupancy rates. Stylish, contemporary finishes throughout the interiors and a clean, modern exterior enhance tenant satisfaction and curb appeal. Secure entry and well-maintained common areas contribute to tenant comfort and building integrity. Set in the heart of North Tabor—a neighborhood prized for its close-in convenience, tree-lined streets, and easy access to transit, parks, and vibrant local businesses—this location places tenants near the MAX light rail, Providence Portland Medical Center, and popular spots like Tabor Bread, Coquine, and the Montavilla dining and shopping scene. With a strong Walk Score and bike-friendly streets, this area is ideal for tenants seeking a connected, car-free lifestyle. Enjoy the stability of a high-demand rental location, paired with the ease of a well-executed new build. Don’t miss this rare chance to own a premium multifamily asset in one of Portland’s most sought-after close-in Eastside neighborhoods.

Additional Information

Year Built
2025
High School
Franklin
Elementary School
Glencoe
Middle School
Mt Tabor
Acres
0.12
Living Area
9,647
Stories
3
Subdivision
NORTH TABOR
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Wall Heater
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Cement Siding
Sewer Description
Public Sewer
View
Trees/Woods
Security Or Entry
Entry
Number Of Units Total
16
Unit Type One Baths Total
1
Unit Type One Rent
975
Unit Type One Sq Ft
265
Unit Type One Units Total
2
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
4
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1475
Unit Type Three Sq Ft
556
Unit Type Three Units Total
2
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
1325
Unit Type Four Sq Ft
486
Unit Type Four Units Total
4
Unit Type Five Rent
1450
Unit Type Five Sq Ft
576
Unit Type Five Units Total
1

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Listing courtesy of Keller Williams Realty Portland Premiere.

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