4775 NE 107TH AVE Portland, OR $ 3,225,000
4775 NE 107TH AVE
$ 3,225,000
Recently Listed New Construction
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4775 NE 107TH AVE

Portland, OR, 97220
$ 3,225,000
Bedrooms3 Baths3.0 Sq 10,480

Monthly Estimate*

$ 19,857

4775 NE 107TH AVE, Portland, OR 97220 - Image 1
4775 NE 107TH AVE, Portland, OR 97220 - Image 2
4775 NE 107TH AVE, Portland, OR 97220 - Image 3
4775 NE 107TH AVE, Portland, OR 97220 - Image 4
4775 NE 107TH AVE, Portland, OR 97220 - Image 5
4775 NE 107TH AVE, Portland, OR 97220 - Image 6
4775 NE 107TH AVE, Portland, OR 97220 - Image 7

Multi-Family Home for sale in Portland, OR

for $3,225,000 with 3 bedrooms and 3 full baths. This 10,480 square foot home was built in 2024 on a lot size of 0.11.

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.

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Multi-Family Active

Price

$ 3,225,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 28,957

Style

Lot Size

0.11

Year Built

2024

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

752828656

Features
General
Sewer PublicSewer
Heating WallHeater
Cooling AirConditioningReady
Roof Composition
Zoning RM2
Garage Spaces 0
Security Features FireSprinklerSystem SecurityGate
Year Built 2024
Stories Count 4
Tax Year 2025
Parcel Number R703341
Gross Income 285700.0
County Multnomah
Net Operating Income 173480.0
Operating Expense 112220.0
Property Type MultiFamily
HOA N
Subdivision Name Parkrose
Rent Includes None
Status Active
Directions South on NE 107th Ave from NE Sandy
High School Parkrose
City Portland
Disclosures Disclosure
Number Of Units Total 16
MLS Area _142
Lot Size Square Feet 4791.0
Listing Terms Cash Contract Conventional
Elementary School Other
Tax Annual Amount 28957.7
Middle/Junior High School Roseway Heights
Property Condition NewConstruction
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARKROSE & RPLT BLOCK 6 LOT 16 EXC PT IN ST
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Interior
Basement None
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 0
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features OffStreet
Lot Features Gated Level
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding WoodSiding
Foundation Details Slab
Building Area Total 10480.0
Lot Size Acres 0.11
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Internal Only
Street Number 1 4775
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* Excluded Features
List By
Knipe Realty Era Powered

Broker

503-201-8537

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Affordability Calculator

$22,270
Per Month
89%
11%
0%
Monthly Principal & Interest
$19,857
Monthly Property Taxes
$2,413
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5416581 Elementary School
5416580 Middle School
Parkrose High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$3,225,000 Listed Price

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4775 NE 107TH AVE, Portland, OR, 97220 is a Multi-Family Home for sale at $3,225,000 with 10,480 sqft and a lot size of 0.11. 4775 NE 107TH AVE has 3 bedrooms, 3.0 baths, and was built in 2024. The property's zip code is 97220 which is in Portland, OR