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Apartment Building with Ground-Floor Retail
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4429 NE Fremont St, Portland, OR 97213

Residential community with an integrated pair of leased commercial suites at street level.

Property Size41,294 SF
Days on Market143

Property Features for 4429 NE Fremont St

General Information

Standard status Active
Size 41,294 SF
Property subtype Retail, Multifamily
Net Operating Income $703,894

Financials

Asking Price $12,500,000
Cap Rate 5.63%

Additional Details

Floor Ground
Multifamily Units 50

Building Details

Tenancy Multi
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #OR 200403266
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:19PM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

Beaumont Village Apartments is a 50-unit apartment property with a mix of studio, one-bedroom, and two-bedroom residences. The building contains 41,294 SF of gross area and includes two commercial units positioned on the ground floor. Both retail spaces are fully leased, adding an occupied commercial component to the residential asset.

The property is located at 4429 NE Fremont St in Portland, Oregon. An assumable financing structure is available, and the stated cap rate is 5.63%.

Key Highlights

  • 50‑unit apartment property with studio, 1‑bed, and 2‑bed residences
  • 41,294 SF building gross area
  • 2 ground‑floor retail units

Property Analytics

Current Use

Kati Nicole Photo (Bike/Boat/Book/etc) Store Beaumont Village Apartments Apartment Complex EE Creative Marketing & Advertising

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Electrical Service Building Supply Computer & Electronic Repair Auto Parts 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

50
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

681
Businesses Nearby

Demographics for 97213, OR

31,260
Population
14,971
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
7,815
Density / Sq Mi
$95,801
Median Household Income
$56,941
Median Earnings
$1,490
Median Rent
$609,100
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 - Residential community with an integrated pair of leased commercial suites at street level.
Where is this apartment building located?
The property is located at 4429 NE Fremont St Portland, OR.
What are key features of this property?
This property features: 50‑unit apartment property with studio, 1‑bed, and 2‑bed residences; 41,294 SF building gross area; 2 ground‑floor retail units
(503) 222-2655 Call to check price and availability
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