4405 NE 82nd Ave, Portland, OR 97220

Roseway Annex is a nine-unit apartment community located at 4405 NE 82nd Avenue in Northeast Portland. Constructed in 1977, the property has been under the same ownership for over 35 years. The building features a mix of one-bedroom, two-bedroom, and one townhouse-style unit. Built with wood-frame materials, the property includes pitched roofs, aluminum windows, mature landscaping, off-street parking, and shared laundry facilities. Select units include private patios, and the two-bedroom units feature fireplaces. Interior specifications consist of carpet flooring, laminate countertops, dishwashers, and baseboard heating. Roseway Annex offers a path for value creation through renovations and stabilization efforts. The property’s nine-unit size and consistent occupancy contribute to operational efficiency. Located in the Roseway/Sumner area, the property provides convenient access to grocery stores, restaurants, coffee shops, and everyday retail, along with nearby parks such as Sacajawea City Park and Glenhaven Park. Transit service along NE 82nd Avenue and proximity to I-205 and I-84 support regional connectivity. The surrounding 5-mile trade area includes a population of 394,433 residents and a median household income of $82,380, with continued growth projected. The neighborhood combines residential streets with urban convenience, attracting renters seeking affordability, accessibility, and proximity to major employment centers. This property is intended for use as an apartment community.