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11 NE 55TH Ave

Portland, OR 97213
  • $3,349,900
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 619792928
UPDATED: 68 min ago
$3,349,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,647
    SQFT
  • $347
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2025
County:

School Information

Elementary School:
Middle School:
High School:

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 Tabora neighborhood prized for its close-in convenience, tree-lined streets, and easy access to transit, parks, and vibrant local businessesthis 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.

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-06T15:49:32.057.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Ladd Group, Cascade Sotheby's International Realty and should be independently verified.
www.bendpropertysource.com/homes/166631382
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11 NE 55TH Ave Portland, OR 97213

  • Price: $3,349,900
  • Status: Active
  • On Site: 122 Days
  • Updated: 68 min ago
  • MLS #: 619792928
0
Beds
0
Baths
0
½ Baths
0.12
Acres
9,647
SQFT
$347
$/SQFT
2025
Built
Neighborhood:
North Tabor
County:
Multnomah
Area:
142-Portland Northeast
Elementary School:
Glencoe
Middle School:
Mt Tabor
High School:
Franklin
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 Tabora neighborhood prized for its close-in convenience, tree-lined streets, and easy access to transit, parks, and vibrant local businessesthis 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.
Exterior Features

Attached Garage YN No Exterior Description Cement Siding Lot Features Level View Description Trees Woods View YN Yes

Interior Features

Cooling YN No Heating Wall Heater Heating YN No

Property Features

Bank Owned YN No Fuel Description Electricity Green Certification YN No Gross Income 256005 Hot Water Description Electricity IDXAddress Display YN Yes Listing Terms Cash Conventional Net Operating Income 173288 Operating Expense 82717 Property Attached YN No Property Condition New Construction Rent Includes None Security Features Entry Sewer Public Sewer Short Sale YN No Tax Annual Amount 4359.25 Tax Year 2024 Water Source Public Water Zoning CM2

Listing provided courtesy of Keller Williams Realty Portland Premiere: 503-709-4632.


Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-06T15:49:32.057.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Ladd Group, Cascade Sotheby's International Realty and should be independently verified.
 
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Ladd Group, Cascade Sotheby's International Realty
650 SW Bond St, Suite 100
Bend OR, 97702