Listing provided courtesy of Keller Williams Realty Portland PremiereMLS# 619792928MLS ProviderContact Information: 503-709-4632
  • 328 days on site
  • 22 views

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.

Source: Regional MLS, MLS#: 619792928

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential Income
  • Lot
    0.12 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

LINDA ROSSI

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    41
  • Population Density
    8,110
  • College Educated
    66%
  • Estimated Median Income
    $80,916
  • Estimated Total Home Owners
    9,378
  • Estimated Total Renters
    5,289
  • Owner / Renter Divide
    64% / 36%
  • Estimated Average Household Size
    2
  • Total Population
    32,815
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 11 NE 55TH AVE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/8/2026Source: Regional MLS Price Reduction
$3,099,999 -7.5%
8/14/2025Source: Regional MLS Price Increase
$3,349,900 5.3%
8/5/2025Source: Regional MLS Added to Database
August 05, 2025