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    4383-4413 N Vancouver Ave Portland, OR 97217

    For Sale
    $3,600,000

    New construction multifamily property with flexible living options in Portland.

    Property size:
    16,680 SF

    Property Features for 4383-4413 N Vancouver Ave

    General Information

    Size
    16,680 SF

    Source: Hugh Holtman Agent Hugh Holtman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Multifamily Property in Portland

    This is a newly constructed multifamily property featuring two 5-unit buildings on adjacent tax lots, totaling 10 units. The certificate of occupancy was received in March 2025, and the property is currently in lease-up. Each unit is a large 3-bedroom, 3.5-bath layout. A key feature is the lockable lower-level living areas, equipped with kitchenettes and separate entrances, suitable for generational living, roommates, group living, or short-term rentals. The property offers condo potential. The property is located within walking distance of restaurants and grocery stores. The private gated entry enhances security and privacy. The property's location in an urban area provides convenient access to amenities and services. The buildings being on separate tax lots allows for flexibility in the future, including the option to sell off a building or add a condo plat and sell units individually.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.668304
    Latitude
    45.555413

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    FAQs

    What type of property is this?
    Apartment building - New construction multifamily property with flexible living options in Portland.
    Where is this apartment building located?
    The property is located at 4383-4413 N Vancouver Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: - New construction, certificate of occupancy received in March 2025.; - Ten large 3-bedroom, 3.5-bath units.; - Units feature lockable lower-level living areas with kitchenettes and separate entrances.
    (503) 799-0447
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    4383-4413 N Vancouver Ave Portland, OR 97217
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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
    4383-4413 N Vancouver Ave Portland, OR 97217
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