Mixed-Use Property With
For Sale
$3,150,000
5042 NE FREMONT St, Portland, OR 97213
MultiFamily, Portland, OR
Property Size5,653 SF
Lot Size0.09 Acres
Price / SF$557.23
Days on Market44
Property Features for 5042 NE FREMONT St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
CM1
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1
Subdivision
ROSE CITY PARK
Elementary school
Alameda
Middle school
Beaumont
High school
Grant
Directions
NE Fremont, between NE 50th Ave & NE 51st Ave
Standard status
Active
APN
R260890
Size
5,653 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
ROSE CITY PK, BLOCK 153, W 50' OF LOT 1
Tax Annual Amount
25360
Legal Description
ROSE CITY PK, BLOCK 153, W 50' OF LOT 1
Building Details
Year built
2023
Floors in Building
3
Number of units
10
Roof type
Metal
Listing Agency:
Knipe Realty ERA Powered
(503) 445-7660
Listed By:
Daniel Silvey · License #201209834
(503) 201-8537
Added: Aug 5
Changed: Sep 17
Last Checked: Sep 17 at 1:06PM
MLS# 477860916
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.
Constructed in 2023, this 5,653-square-foot mixed-use property contains 10 one-bedroom, one-bathroom apartment units and one ground-floor retail suite. The walk-up design uses a gated entry, exterior staircase, and open-air corridors to provide access to the residences. A metal roof serves the building, and the property occupies 0.09 acres with CM1 zoning.
The property is located at 5042 NE FREMONT St in Portland’s Beaumont Village neighborhood. Its Northeast Portland setting places apartments and retail within the same compact building, offering a combined residential and commercial configuration.
The property is located at 5042 NE FREMONT St in Portland’s Beaumont Village neighborhood. Its Northeast Portland setting places apartments and retail within the same compact building, offering a combined residential and commercial configuration.
Key Highlights
- 10 one‑bedroom, one‑bathroom apartment units
- One ground‑floor retail suite
- 5,653 square feet on 0.09 acres
Property Analytics
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Current Use
Lease Details
10
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
844
Businesses Nearby
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Business Placement
Demographics for 97213, OR
31,260
Population
14,971
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
7,815
Density / Sq Mi
$95,801
Median Household Income
$56,941
Median Earnings
$1,490
Median Rent
$609,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Recently built walk-up property combining apartment residences with ground-floor retail space in Northeast Portland.
Where is this mixed-use property located?
The property is located at 5042 NE FREMONT St Portland, OR.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: 10 one‑bedroom, one‑bathroom apartment units; One ground‑floor retail suite; 5,653 square feet on 0.09 acres
