232 NE 61ST AVE, Portland, OR 97213

Building Details

Year Built

2024

Listing office Keller Williams Realty Portland Premiere

Listing date Feb 14, 2024

Source Realestatepdx

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Overview

This newly constructed apartment complex offers 15 fully leased units built by a quality local builder. The residences feature tall ceilings and open-concept layouts designed to bring in natural light, with modern finishes and designer tones throughout. Unit interiors include custom cabinetry and stainless-steel appliances, and each unit is finished with a stackable washer/dryer. The property also includes indoor bike storage and an enclosed trash area, supporting day-to-day convenience for residents.

The building is located at 232 NE 61ST AVE in Portland, OR, in the North Tabor area. The unit mix includes one-bedroom and two-bedroom apartments, providing flexibility for different household types within a single asset.

For investors seeking a residential income property, this is a purpose-built, stabilized offering that is described as fully leased and completed new construction. The package is further supported by a stated 15-year new construction rent-control exemption, which may be relevant to long-term planning depending on applicable regulations. The thoughtful amenity set, including indoor bike storage and an enclosed trash area, can also help enhance the tenant living experience in a compact, multi-unit setting.

Suggested Use

Law Firm Computer & Electronic Repair Cosmetic Store HVAC Service (Bike/Boat/Book/etc) Store Nail Salon Travel Agency Clothing & Fashion Store Electrical Service Electronics & Wireless Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Portland

County

Washington

State

Oregon

Longitude

-122.6006657

Latitude

45.5207871

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FAQs

What type of property is this?

Apartment building - Fully leased 15-unit, newly built apartment complex with modern interiors and in-unit stackable washer/dryer.

Where is this apartment building located?

The property is located at 232 NE 61ST AVE Portland, OR.

What is the asking price?

The asking price for this property is $3,999,900.

What are key features of this property?

This property features: New construction 15‑unit apartment complex built in 2024; Property is fully leased; Unit mix includes 1‑bedroom and 2‑bedroom apartments