4775 NE 107th Ave, Portland, OR 97220

$3,225,000

Beds

Baths

0.11 ac

Property Size

2024

Year Built

About The Property

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.

ARCHITECTURE

Stories: 4
Condition: New Construction
Year Built: 2024
Roof Type: Composition
Foundation Details: Slab

INTERIOR FEATURES

Heating Type: Wall Heater
Fuel Type: Electricity
Interior SqFt: 10480

EXTERIOR FEATURES

Lot Features: Gated, Level
Lot size (Acres): 0.11
Zoning: RM2
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Other
High School: Parkrose
Middle: Roseway Heights

TAX & FINANCIAL

Annual Tax: $28957.7
Terms Considered: Cash, Contract, Conventional, Owner Will Carry
Tax Year: 2025

LISTING INFO

Listing courtesy of Knipe Realty ERA Powered | 503-201-8537
Days On Market: 172

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 732963

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Erik Leland