4775 NE 107TH AVE, Portland, OR 97220

$3,225,000
10,480
SqFt

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List Price
$3,225,000
Days on Market
141
MLS#
752828656
Property Type
Multifamily
Sqft. of Residence
10,480
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

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.

Additional Information

Tax Amount
$28,957
Year Built
2024
High School
Parkrose
Elementary School
Other
Middle School
Roseway Heights
Acres
0.11
Living Area
10,480
Stories
4
Subdivision
Parkrose
Terms
Cash, Contract, Conventional, Owner Will Carry
Cooling Description
Air Conditioning Ready
Fuel Description
Electricity
Heating Description
Wall Heater
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Cement Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Seasonal
Parking
Off Street
Security Or Entry
Fire Sprinkler System, Security Gate
Parking Description
Off Street
Number Of Units Total
16
Unit Type One Baths Total
1
Unit Type One Rent
1110
Unit Type One Sq Ft
345
Unit Type One Units Total
5
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
8
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1682
Unit Type Three Sq Ft
675
Unit Type Three Units Total
3

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