Search
32-Unit Apartment Building
For Sale
Contact for pricing
Pending

3803 NE 152nd Ave, Portland, OR 97230

Renovated apartment complex offering one-, two-, and three-bedroom residences near Sandy Blvd.

Property SizeContact for details
Days on Market146

Property Features for 3803 NE 152nd Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: RMS Investment Real Estate LLC
Listed By: Michael Shall · License #OR 201102054
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 3 at 7:56AM

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 RMS Investment Real Estate LLC

Investment Insights

Based on property information with market context.

Walnut Grove is a 32-unit apartment complex totaling 24,886 sq.ft., with a unit mix of 7 one-bedroom, 20 two-bedroom, and 5 three-bedroom apartments. Originally constructed in 1978, the property has received multiple interior and exterior renovations.

Located at 3803 NE 152nd Ave in Portland, the complex sits near Sandy Blvd and nearby amenities. The property is presented with a CAP rate over 5 and additional room for rent growth, as described in the offering materials.

Key Highlights

  • 32‑unit apartment complex totaling 24,886 sq.ft.
  • Unit mix includes 7 1‑bedroom, 20 2‑bedroom, and 5 3‑bedroom apartments
  • Originally built in 1978 with interior and exterior renovations

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center HVAC Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby

Demographics for 97230, OR

41,562
Population
17,190
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
13.9 sq mi
ZIP Area
2,990
Density / Sq Mi
$70,582
Median Household Income
$41,102
Median Earnings
$1,511
Median Rent
$435,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Renovated apartment complex offering one-, two-, and three-bedroom residences near Sandy Blvd.
Where is this apartment building located?
The property is located at 3803 NE 152nd Ave Portland, OR.
What are key features of this property?
This property features: 32‑unit apartment complex totaling 24,886 sq.ft.; Unit mix includes 7 1‑bedroom, 20 2‑bedroom, and 5 3‑bedroom apartments; Originally built in 1978 with interior and exterior renovations
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message