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New 4-Plex Investment Property
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11760 SE Alder St, Portland, OR 97216

Two newly built fourplexes, each with four open-concept 2-bed/1.1-bath units featuring tall ceilings and stainless appliances.

Property SizeContact for details
Days on Market124

Property Features for 11760 SE Alder St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 8

Building Details

Tenancy Multi
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 8:59PM

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 Keller Williams Realty Portland Premiere

Investment Insights

Based on property information with market context.

This offering includes two newly built fourplexes designed with bright, open-concept interiors. Each property is arranged as four 2-bedroom, 1.1-bath units. Interiors feature tall ceilings and neutral designer tones, along with expansive windows that bring in natural light. Kitchens are described as custom, with tile finishes, impressive slab counters, and stainless-steel appliances.

The public remarks note a very high 91 BikeScore, along with nearby shops, eateries, and parks, supporting a lifestyle-friendly tenant environment. The offering also references a builder warranty for added peace of mind.

Each unit is positioned as a well-finished, modern space with consistent high-end finishes throughout the building, giving the two-asset package a turnkey feel for an investor looking for quality new construction.

Key Highlights

  • Two newly built fourplexes, each with four open‑concept 2‑bed/1.1‑bath units
  • Tall ceilings and neutral designer tones across the units
  • Custom kitchen features include tile, slab counters, and stainless steel appliances

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Barber Shop Bakery Plumbing Service Parking Lot & Garage

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

8
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

979
Businesses Nearby

Demographics for 97216, OR

17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
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?
Quadplex - Two newly built fourplexes, each with four open-concept 2-bed/1.1-bath units featuring tall ceilings and stainless appliances.
Where is this quadplex located?
The property is located at 11760 SE Alder St Portland, OR.
What are key features of this property?
This property features: Two newly built fourplexes, each with four open‑concept 2‑bed/1.1‑bath units; Tall ceilings and neutral designer tones across the units; Custom kitchen features include tile, slab counters, and stainless steel appliances
(503) 597-2444 Call to check price and availability
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