Coldwell Banker Walla Walla Logo
$3,049,900
 $16,373 est/mo Sourced by Back At You

11 NE 55th Ave,Portland, OR 97213

Portland, OR 97213

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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.

Details

MLS #619792928
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2025
Days On Site452
Listing Provided ByKeller Williams Realty Portland Premiere | Darryl Bodle

Features

SQ Feet9,647
Story(s)3
Units16
ZoningCM2
Acreage0.12
Property ViewTreesWoods

Interior

HeatingWall Heater
Heating YnNo
Cooling YnNo

Exterior

Security FeaturesEntry
Lot FeaturesLevel

Parking

Attached Garage YnNo

Area Information

StateOR
CountyMultnomah
CityPortland
Zip Code97213
Community NameNORTH TABOR
School DistrictFranklin
Elementary SchoolGlencoe
High SchoolFranklin
Listing VS Median (in NORTH TABOR)
Price:
$3,049,900
low | high
Med:
$589,500
100% of Average
sqft:
9,647
low | high
Med:
2,030
100% of Average
$ / sqft:
$316
low | high
Med:
$292
57.767348509852% of Average
On site:
452
low | high
Med:
80.5
100% of Average
Sourced by Back At You

Market Activity 97213

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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 Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Contact

Learn More About This Property

Coldwell Banker Walla Walla

Coldwell Banker Walla Walla

 (509) 525-0820office@wallawallacb.com
StateOR
CountyMultnomah
CityPortland
Zip Code97213
Community NameNORTH TABOR
School DistrictFranklin
Elementary SchoolGlencoe
High SchoolFranklin
Listing VS Median (in NORTH TABOR)
Price:
$3,049,900
low | high
Med:
$589,500
100% of Average
sqft:
9,647
low | high
Med:
2,030
100% of Average
$ / sqft:
$316
low | high
Med:
$292
57.767348509852% of Average
On site:
452
low | high
Med:
80.5
100% of Average
Sourced by Back At You
Listing Updated: October 29, 2026 at 11:59:24 PM PDT
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