Remodeled Five-Unit Apartment
For Sale
Contact for pricing
8107 NE Failing St, Portland, OR 97213
Fully leased Northeast Portland property with a four-to-one mix of one- and two-bedroom apartments.
Property Size2,976 SF
Days on Market44
Property Features for 8107 NE Failing St
General Information
Standard status
Active
Size
2,976 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
4 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
5
Building Details
Year Built
1959
Year Renovated
2019
Tenancy
Multi
Listing Agency:
Realty Marketing / Northwest
(800) 845-3524
Listed By:
John Rosenthal
Source:
Rosecityrealtygroup
Added: Jul 20
Changed: Aug 28
Last Checked: Aug 30 at 8:22PM
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 Realty Marketing / Northwest
Investment Insights
Based on property information with market context.
This 2,976-square-foot apartment building contains five residential units: four one-bedroom, one-bath apartments and one two-bedroom, one-bath apartment. The property was substantially remodeled in 2019 after a fire and was built in 1959. All units are leased, with residents occupying the property under month-to-month agreements and reported tenures ranging from three to four years.
The building occupies the corner of NE Failing Street and NE 81st Avenue in Northeast Portland. Landlord responsibilities include water, sewer, trash service, and landscaping, providing a clearly defined operating profile for the property. The unit mix combines predominantly one-bedroom layouts with a larger two-bedroom residence within the same five-unit asset.
The building occupies the corner of NE Failing Street and NE 81st Avenue in Northeast Portland. Landlord responsibilities include water, sewer, trash service, and landscaping, providing a clearly defined operating profile for the property. The unit mix combines predominantly one-bedroom layouts with a larger two-bedroom residence within the same five-unit asset.
Key Highlights
- 2,976‑square‑foot apartment building built in 1959
- Five units: four 1‑bedroom/1‑bath and one 2‑bedroom/1‑bath apartment
- Extensively remodeled in 2019 following a fire
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
679
Businesses Nearby
Explore this area
Business Placement
Demographics for 97213, OR
31,260
Population
14,971
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
7,815
Density / Sq Mi
$95,801
Median Household Income
$56,941
Median Earnings
$1,490
Median Rent
$609,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased Northeast Portland property with a four-to-one mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 8107 NE Failing St Portland, OR.
What are key features of this property?
This property features: 2,976‑square‑foot apartment building built in 1959; Five units: four 1‑bedroom/1‑bath and one 2‑bedroom/1‑bath apartment; Extensively remodeled in 2019 following a fire
