4620 N Maryland Avenue, Portland, OR 97217

Building Details

Year Built

2018

Listing agent Jacob Serrill Show Phone

Listing office Kelly Right Real Estate of Portland,LLC

Listing date Jan 30, 2025

Source Century21northhomes

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 Kelly Right Real Estate of Portland,LLC

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Overview

Savona Apartments is a 24-unit apartment community built in 2018, offering modern construction and spacious floor plans. The property is described as well-maintained, and it is currently fully occupied, so please do not disturb tenants.

The building is located at 4620 N Maryland Avenue in Portland, with immediate access to major transit connections including the I-5 freeway and the MAX light rail. The public remarks also describe direct access to the Mississippi Avenue district and its nearby dining, breweries, boutiques, and arts scene.

For buyers seeking a newer, stabilized multifamily asset, this property presents an opportunity to acquire a fully occupied community with an existing financing option referenced as an assumable loan at 3.370% interest until June 2030. As with any investment decision, prospective buyers and their advisors should review current lease terms and operating details as part of their due diligence.

Suggested Use

Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center 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

-122.6808051

Latitude

45.556399

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FAQs

What type of property is this?

Apartment building - Built in 2018 and fully occupied, this 24-unit community offers newer construction and established rental operations.

Where is this apartment building located?

The property is located at 4620 N Maryland Avenue Portland, OR.

What is the asking price?

The asking price for this property is $4,350,000.

What are key features of this property?

This property features: 24‑unit apartment community built in 2018; Fully occupied property; Assumable loan with a 3.370% interest rate until June 2030