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5-Unit Energy-Efficient Apartment Building
For Sale
$2,119,500

2389 Se 45th Ave 2381, Portland, OR 97215

All-electric townhome residences offer open living areas, covered patios, attic storage, and modern efficiency systems.

Property SizeContact for details
Days on Market186

Property Features for 2389 Se 45th Ave 2381

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Richmond

Units

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

Building Details

Year Built 2026
Buildings 5
Stories 2
Listing Agency: Matin Real Estate
Listed By: Vince Kinney · License #201241118
Source: Heartandhomesnw
Added: May 1 Changed: Nov 1 Last Checked: Nov 1 at 6:08AM

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 Matin Real Estate

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Investment Insights

Based on property information with market context.

This newly constructed apartment property contains five two-story townhomes, each arranged with two bedrooms and two bathrooms. Open living, dining, and kitchen areas occupy the main floor, with luxury vinyl plank flooring and sliding-door access to a covered patio. Wood cabinetry serves the kitchen, while carpeting extends through the upstairs bedrooms. Each primary suite includes a private bathroom, and attic storage adds functional capacity.

The all-electric residences carry Energy Trust of Oregon EPS Certification and ENERGY STAR certification. Building systems include ductless heat pumps, an energy-efficient heat-pump water heater, ENERGY STAR appliances and bath fans, and an Energy Recovery Ventilation system. R-23 blown-in blanket fiberglass wall insulation, a tight building envelope, third-party inspections, and performance testing support the homes’ energy performance. The property is solar-ready and located in Portland, Oregon.

Key Highlights

  • Five two‑story townhomes with 2 bedrooms and 2 bathrooms each
  • Energy Trust of Oregon EPS Certified and ENERGY STAR certified
  • Designed to be approximately 27–30% more energy efficient than current Oregon code homes

Property Analytics

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

Frequently Asked Questions

What type of property is this?
Apartment building - All-electric townhome residences offer open living areas, covered patios, attic storage, and modern efficiency systems.
Where is this apartment building located?
The property is located at 2389 Se 45th Ave 2381 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 with 2 bedrooms and 2 bathrooms each; Energy Trust of Oregon EPS Certified and ENERGY STAR certified; Designed to be approximately 27–30% more energy efficient than current Oregon code homes
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