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    11 NE 55Th Ave Portland, OR 97213

    New
    For Sale
    $3,349,900

    MULTI_FAMILY - Portland, OR

    Property size:
    9,647 SF
    Lot size:
    0.12 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 11 NE 55Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Zoning
    CM2
    Rooms
    Bedroom 3, Bedroom 7, Bathroom 7, Bathroom 8, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 5, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 6
    Bedrooms
    7
    APN
    R216522
    Size
    9,647 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    2025
    Floors in Building
    3
    Number of units
    16

    Keller Williams Realty Portland Premiere (503) 880-4905 [email protected]

    Listing agent Darryl Bodle (503) 597-2444

    Listing date Dec 3, 2025

    MLS# 619792928 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Multifamily Building in Portland

    This newly constructed 16-unit apartment building is located in Portland's North Tabor neighborhood. Completed by a local builder, the property offers modern design and long-term durability. The building features a mix of thoughtfully designed units, allowing for flexible leasing and strong occupancy rates. Stylish, contemporary finishes are present throughout the interiors, and the exterior is clean and modern. Secure entry and well-maintained common areas contribute to tenant comfort. The property is situated in a neighborhood known for its convenience, tree-lined streets, and easy access to transit, parks, and local businesses. The location provides access to the MAX light rail, Providence Portland Medical Center, and local dining and shopping. The area is suitable for tenants seeking a connected, car-free lifestyle. The property size is 9647 square feet, situated on a 0.12-acre lot. The property is located in a high-demand rental location in one of Portland's Eastside neighborhoods. The zoning is CM2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.607828
    Latitude
    45.523166

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    FAQs

    What type of property is this?
    Apartment building - Newly constructed 16-unit apartment building in North Tabor.
    Where is this apartment building located?
    The property is located at 11 NE 55Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $3,349,900.
    What are key features of this property?
    This property features: - Newly constructed (2025) 16-unit apartment building in the desirable North Tabor neighborhood.; - Turnkey property with proven rental history and low-maintenance construction.; - Prime location with easy access to transit (MAX light rail), parks, and popular local businesses.
    (503) 597-2444
    Request Owner's contact information
    11 NE 55Th Ave Portland, OR 97213
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    Portland, OR 97213
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 NE 55Th Ave Portland, OR 97213
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