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New Apartment Building with Townhomes
For Sale
$2,119,500

2381 SE 45th AVE, Portland, OR 97215

Five newly built residences feature private patios, attic storage, and all-electric energy-efficient systems.

Property Size949 SF
Price / SF$2,233
Days on Market42

Property Features for 2381 SE 45th AVE

General Information

Standard status Active
Size 949 SF
Property subtype Multi-Family

Units

Unit Mix 5 x 2BR/2BA
Multifamily Units 5

Building Details

Year Built 2026
Stories 2
Listing Agency: Kelly Right Real Estate Of Seattle LLC
Listed By: Donna Roberts
Source: Donnarobertsgroup
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 29 at 8:53AM

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 Seattle LLC

Investment Insights

Based on property information with market context.

This new-construction apartment property comprises five two-story townhomes, each with two bedrooms and two bathrooms. The residences use an open living, dining, and kitchen arrangement, with luxury vinyl plank flooring on the main level, carpeted bedrooms upstairs, wood kitchen cabinetry, covered patios, private primary bathrooms, and attic storage. The property was built in 2026.

Energy-focused features include Energy Trust of Oregon EPS Certification, ENERGY STAR certification, ductless heat pumps, an energy-efficient heat pump water heater, ENERGY STAR appliances and bath fans, and an Energy Recovery Ventilation system. The all-electric homes are also solar-ready and incorporate insulated walls, a tight building envelope, and third-party performance testing.

Key Highlights

  • Five two‑story townhomes, each with 2 bedrooms and 2 baths
  • 2026 construction with Energy Trust of Oregon EPS Certification and ENERGY STAR certification
  • Covered patios extend from the main‑level living areas

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store Carpet & Flooring 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,792
Businesses Nearby

Demographics for 97215, OR

18,221
Population
7,855
Households
2.3
Avg Household Size
40
Median Age
64%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
7,922
Density / Sq Mi
$114,361
Median Household Income
$62,704
Median Earnings
$1,587
Median Rent
$658,500
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 - Five newly built residences feature private patios, attic storage, and all-electric energy-efficient systems.
Where is this apartment building located?
The property is located at 2381 SE 45th AVE Portland, OR.
What is the asking price?
The asking price for this property is $2,119,500.
What are key features of this property?
This property features: Five two‑story townhomes, each with 2 bedrooms and 2 baths; 2026 construction with Energy Trust of Oregon EPS Certification and ENERGY STAR certification; Covered patios extend from the main‑level living areas
More about this property
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