Portland Fourplex with
4724 NE 101ST Ave Portland, OR 97220
4724 NE 101ST Ave, Portland, OR, 97220
$875,000
For Sale
$875,000
MULTI_FAMILY - Portland, OR
Property Size4,320 SF
Lot Size0.12 Acres
Price / SF$202.55
Days on Market562
Property Features for 4724 NE 101ST Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- CG
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bedroom 3, Bedroom 8, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 6, Bathroom 7, Bathroom 8, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 4, Bedroom 7, Bedroom 2
- Standard status
- Active
- APN
- R235706
- Size
- 4,320 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- PARKROSE & RPLT, BLOCK 81, LOT 13
- Tax Annual Amount
- 9953
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Shingle, Composition
Listing Agency
All Professionals Real Estate
(503) 259-2100
20001 SW Tualatin Valley Hwy, Beaverton, OR
Listed by
Scott Osmon · License #200604375
(503) 459-1623
Added: Jan 1, 2025 Checked: Jul 17 at 1:06 pm
MLS# 24068858
Listing URL
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This is a fully rented fourplex property located in Portland, Oregon. Constructed in 2005 and renovated throughout in 2014, the multifamily property contains four units. Each unit features 2 bedrooms, 2 baths, a living area, a washer and dryer hookup closet, and a storage room. The bottom units include a fenced backyard. The upstairs units have front and back balconies. The property is situated on a 0.12-acre lot and the building size is 4,320 square feet. The zoning is CG.
Key Highlights
- Fully rented 4‑plex with each unit offering 2 bedrooms and 2 bathrooms
- Built in 2005; renovated throughout in 2014
- Each unit includes a washer and dryer hookup closet and a storage room
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.7k | $21.00 |
| − Vacancy | −$4.7k | −$1.09 |
| EGI | $86.0k | $19.91 |
| − OpEx | −$25.8k | −$5.97 |
| NOI | $60.2k | $13.94 |
4,320 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$860.0K
$752.5K – $1.00M
NOI $60,202 @ 7.0% cap · market cap 6.88%
Second Best
Apartment 5plus
$792.4K
$693.4K – $924.5K
NOI $55,469 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$1.21M
$1.06M – $1.42M
NOI $84,921 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully rented fourplex in Portland, Oregon, built in 2005.
Where is this quadplex located?
The property is located at 4724 NE 101ST Ave Portland, OR.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Fully rented 4‑plex with each unit offering 2 bedrooms and 2 bathrooms; Built in 2005; renovated throughout in 2014; Each unit includes a washer and dryer hookup closet and a storage room
