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Listed by Keller Williams Realty Portland Premiere • 503-709-4632

$3,099,999

Est. payment - /mo

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9,647 SqFt

Price Dropped by $249K

11 NE 55TH AVE Portland, OR 97213

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,647 sqft

Price per Sqft $321

Subdivision North Tabor

MLS Listing ID 619792928

Year Built 2025

Tax Year 2025

Lot Size 5,227 Sqft

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.

Location

State OR

County Multnomah

Area _142

Zoning CM2

Interior

Heating Wall Heater

Exterior

View Trees Woods

Garage No

Building

Lot Description Level

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Glencoe

Middle Schools Mt Tabor

High Schools Franklin

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://youtu.be/QpknUwX380E

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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