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Mid-Rise Apartment Building with AC
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4732 N Albina Ave, Portland, OR 97217

Completed mid-2022, this mid-rise offers studio through two-bedroom units with in-unit AC and select large decks or patios.

Property SizeContact for details
Days on Market124

Property Features for 4732 N Albina Ave

General Information

Standard status Active
Property subtype Multifamily

Amenities

in-unit air conditioning

Building Details

Year Built 2022
Listing Agency: HFO Investment Real Estate
Listed By: HFO Investment Real Estate · License #OR
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 5:52AM

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.

The Robert is a brand-new mid-rise apartment building completed in mid-2022. The property features a diverse unit mix of larger studio, one- and two-bedroom homes. Interior and community features include in-unit AC and community amenities. Many units also offer oversized decks or patios, giving them a distinctive look compared to other newer options in the area.

Located along the north end of Portland’s Mississippi Avenue retail corridor at 4732 N Albina Ave, the building is positioned within a popular mix of boutique shops, restaurants, breweries, bars, and music venues.

All units are rented at market-rate terms and the building has no affordability requirements.

Key Highlights

  • Mid‑rise apartment building completed mid‑2022 with studio, 1‑bedroom, and 2‑bedroom units
  • In‑unit AC available in the building’s units
  • Select units feature large decks or patios

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

2,010
Businesses Nearby

Demographics for 97217, OR

36,086
Population
17,038
Households
2.1
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
3,251
Density / Sq Mi
$100,387
Median Household Income
$56,790
Median Earnings
$1,789
Median Rent
$569,500
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 - Completed mid-2022, this mid-rise offers studio through two-bedroom units with in-unit AC and select large decks or patios.
Where is this apartment building located?
The property is located at 4732 N Albina Ave Portland, OR.
What are key features of this property?
This property features: Mid‑rise apartment building completed mid‑2022 with studio, 1‑bedroom, and 2‑bedroom units; In‑unit AC available in the building’s units; Select units feature large decks or patios
More about this property
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