11-Unit Multifamily Apartment
For Sale
Contact for pricing
4016-4024 NE 6th Ave, Portland, OR 97212
11-unit apartment built in 1910 with studio through three-bedroom units and $15,405/month rental income.
Property Size12,247 SF
Lot Size0.23 Acres
Price / SF$122.07
Days on Market133
Property Features for 4016-4024 NE 6th Ave
General Information
Standard status
Active
Size
12,247 SF
Lot size
0.23 Acres
Property subtype
Multifamily
Investment Type
Stabilized
Net Operating Income
$106,408
Additional Details
Multifamily Units
11
Amenities
open space
garden areas
Building Details
Year Built
1910
Buildings
2
Units
11
Tenancy
Multi
Listing Agency:
Barry Investment Real Estate
Listed By:
Phillip Barry · License #200807134
(503) 546-9390
Source:
Crexi
Added: Apr 29
Changed: Sep 2
Last Checked: Sep 8 at 3:27AM
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 Barry Investment Real Estate
Investment Insights
Based on property information with market context.
The NE 6th Ave Apartments is an 11-unit multifamily property originally constructed in 1910. The unit mix includes studios, one-bedroom units, and larger two- and three-bedroom apartments. The building also features a large unfinished basement and attic, which may provide room for future revenue-generating improvements such as storage or bike parking, subject to buyer verification of feasibility.
The property is located at 4016–4024 NE 6th Ave in Portland’s close-in Northeast submarket. As of April 2026, the building generates $15,405 per month in rental income. It sits on a 0.23-acre lot and includes open space and garden areas.
This offering provides an in-place income-producing multifamily asset with existing living units and additional interior space currently available in unfinished basement and attic areas.
The property is located at 4016–4024 NE 6th Ave in Portland’s close-in Northeast submarket. As of April 2026, the building generates $15,405 per month in rental income. It sits on a 0.23-acre lot and includes open space and garden areas.
This offering provides an in-place income-producing multifamily asset with existing living units and additional interior space currently available in unfinished basement and attic areas.
Key Highlights
- 11‑unit multifamily property built in 1910 in Portland’s close‑in Northeast submarket
- Unit mix includes studios, 1‑bedroom, and larger 2- and 3‑bedroom apartments
- Generates $15,405/month in rental income (as of April 2026)
Property Analytics
Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
2,290
Businesses Nearby
Explore this area
Business Placement
Demographics for 97212, OR
26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - 11-unit apartment built in 1910 with studio through three-bedroom units and $15,405/month rental income.
Where is this apartment building located?
The property is located at 4016-4024 NE 6th Ave Portland, OR.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 11‑unit multifamily property built in 1910 in Portland’s close‑in Northeast submarket; Unit mix includes studios, 1‑bedroom, and larger 2- and 3‑bedroom apartments; Generates $15,405/month in rental income (as of April 2026)
