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6-Unit Apartment Building
For Sale
$1,050,000

1304 N Emerson St, Portland, OR 97217

North Portland multifamily property near Portland Community College Cascade and area schools.

Property SizeContact for details
Days on Market76

Property Features for 1304 N Emerson St

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $7,096

Amenities

washer/dryer hook-ups
laundry facility
Listing Agency: LizC Real Estate Investments
Listed By: Elizabeth Carpenter
Source: Exprealty
Added: May 29 Changed: Aug 11 Last Checked: Aug 11 at 12:18PM

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 LizC Real Estate Investments

Investment Insights

Based on property information with market context.

This six-unit apartment property includes washer and dryer hookups in the lower three-bedroom, two-bath units. One-bedroom, one-bath units are also part of the configuration. The building includes a laundry facility, while unit-level water and sewer metering applies to the lower units. Ownership pays water and sewer for the upper units and garbage service for the building.

The property is in North Portland’s Overlook neighborhood, a short distance from Portland Community College Cascade and schools. Two units are vacant: Unit #2 was upgraded 5/2026, and Unit #1 was newly painted. A rent increase is scheduled for 8/01/2026. Offers are subject to interior inspection.

Key Highlights

  • Six‑unit apartment property in North Portland’s Overlook neighborhood
  • Near Portland Community College Cascade and schools
  • Lower 3B‑2B units have washer and dryer hookups

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Parking Lot & Garage 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.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

985
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 - North Portland multifamily property near Portland Community College Cascade and area schools.
Where is this apartment building located?
The property is located at 1304 N Emerson St Portland, OR.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Six‑unit apartment property in North Portland’s Overlook neighborhood; Near Portland Community College Cascade and schools; Lower 3B‑2B units have washer and dryer hookups
More about this property
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