4780 SE Milwaukie Ave - Apartments FOR SALE


Portland, OR 97202- Brooklyn
$8,950,000 USD
503-241-5541
4780 SE Milwaukie Ave, Portland, OR for Sale
$8,950,000 USD
Apartments - FOR SALE
1/78
null | 5.59% Cap Rate

4780 SE Milwaukie Ave
Portland, OR 97202
Brooklyn


OVERVIEW

HFO is pleased to present Brooklyn Yard, a 46-unit, elevator-served community that features a diverse mix of studios, one-bedroom, and two-bedroom residences with modern floorplans. Each home is thoughtfully appointed with in-unit laundry, LVT flooring, and contemporary finishes, while residents also benefit from reserved garage parking. Brooklyn Yard features an on-site leasing office, garage parking, storage units, and bicycle storage. Adding to its appeal, the property includes ground-floor retail spaces that house local favorites such as Coco Donuts, enhancing both convenience and neighborhood character. Completed in 2016, Brooklyn Yard is a LEED Platinum-certified community located in Portland’s highly desirable Brooklyn neighborhood. Its location provides immediate access to the MAX light rail, major bike corridors, and prominent employment centers, making it especially attractive to renters who value both urban connectivity and sustainable living. Brooklyn Yard offers investors a compelling opportunity for income growth through measured rent increases and continued leasing momentum. With limited new supply in the submarket and enduring demand drivers in Southeast Portland, the property is well situated to deliver long-term performance and value appreciation.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/SF

$302 USD /SF

# OF UNITS

46

PRICE/UNIT

$194,565

CAP RATE

5.59%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brooklyn Yard

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2016

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

CG

APN/PARCEL ID

R658025

ASK ABOUT THIS PROPERTY

Gregory FrickHFO Investment Real EstateMore Info
503-241-5541

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Gregory FrickHFO Investment Real EstateMore Info
503-241-5541

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