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110-Unit Apartment Building
For Sale
Contact for pricing
Pending

11125 SE 21st Ave, Milwaukie, OR 97222

Apartment community with in-unit laundry, air conditioning, built-in appliances, and outdoor resident amenities.

Property SizeContact for details
Days on Market148

Property Features for 11125 SE 21st Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Public Transit Yes
Multifamily Units 110

Amenities

secure parking
outdoor lounge area
outdoor fire pit
grills
in-unit washer and dryer
air conditioning

Building Details

Year Built 2019
Listing Agency: HFO Investment Real Estate
Listed By: Rob Marton · License #OR 200303172
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 4 at 1:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HFO Investment Real Estate

Investment Insights

Based on property information with market context.

Completed in 2019, this 110-unit apartment property combines updated residential interiors with a substantial resident amenity package. Units include built-in appliances, in-unit washers and dryers, and air conditioning. Shared features include secure parking and an outdoor lounge with seating, a fire pit, and grills overlooking the Willamette River.

The property is located in Milwaukie at 11125 SE 21st Ave, with nearby destinations within walking distance. The MAX Line is positioned within 300 feet of the front entrance, providing access to downtown Portland and the surrounding metro area. The setting also carries high walk and bike scores.

Key Highlights

  • 110‑unit apartment property built in 2019
  • MAX Line located within 300 feet of the front entrance
  • Units feature built‑in appliances, in‑unit washers and dryers, and air conditioning

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Nail Salon Auto Parts Store Hair Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

110
Residential units

Location Intelligence

Trade Area within ½ mile

1,203
Businesses Nearby

Demographics for 97222, OR

36,316
Population
16,910
Households
2.1
Avg Household Size
41
Median Age
38%
College-Educated
95%
High-School Grad
8.6 sq mi
ZIP Area
4,223
Density / Sq Mi
$77,441
Median Household Income
$48,298
Median Earnings
$1,592
Median Rent
$465,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment community with in-unit laundry, air conditioning, built-in appliances, and outdoor resident amenities.
Where is this apartment building located?
The property is located at 11125 SE 21st Ave Milwaukie, OR.
What are key features of this property?
This property features: 110‑unit apartment property built in 2019; MAX Line located within 300 feet of the front entrance; Units feature built‑in appliances, in‑unit washers and dryers, and air conditioning
More about this property
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