4775 NE 107th Ave - Apartments FOR SALE


Portland, OR 97220- Parkrose
$3,225,000 USD
503-201-8537
4775 NE 107th Ave, Portland, OR for Sale
$3,225,000 USD
Apartments - FOR SALE
1/21
null | 5.38% Cap Rate

4775 NE 107th Ave
Portland, OR 97220
Parkrose


HIGHLIGHTS

  • Stabilized turn-key investment
  • Recently built in 2024
  • Proximity to NE Sandy Blvd, grocery, and transit options

OVERVIEW

Recently constructed and fully stabilized 16-unit apartment building located in Portland’s Parkrose neighborhood. This turn-key investment offers low-maintenance ownership with modern systems, 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, 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, and transit.

FOR SALE DETAILS

PRICE

$3,225,000 USD

PRICE/SF

$233 USD /SF

# OF UNITS

16

PRICE/UNIT

$201,563

CAP RATE

5.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

107th Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RM2

APN/PARCEL ID

R703341

ASK ABOUT THIS PROPERTY

Daniel SilveyKnipe RealtyMore Info
503-201-8537

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Daniel SilveyKnipe RealtyMore Info
503-201-8537

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.