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Portland Fourplex with Balconies

4724 NE 101ST Ave, Portland, OR 97220

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For Sale

$875,000

MULTI_FAMILY - Portland, OR

Property size:

4,320 SF

Lot size:

0.12 Acres

Price / SF:

$202/SF

HighLights

Fully rented 4‑plex with four 2‑bedroom, 2‑bath units
Each unit includes a living area plus a washer and dryer hookup closet and storage room
Bottom units have fenced backyards; upstairs units have front and back balconies
Built in 2005 and renovated throughout in 2014
Heating: forced air; roof: composition/shingle

We can help!

Listing Contact

Scott Osmon

For Sale

$875,000

MULTI_FAMILY - Portland, OR

Property size:

4,320 SF

Lot size:

0.12 Acres

Price / SF:

$202/SF

Added:: Jan 1, 2025
Days on Market:: 532
Last Refresh:: Jun 17 at 11:06 am

Property Features for 4724 NE 101ST Ave

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: CG
Bedrooms: 8
Bathrooms: 8
Rooms: Bathroom 4, Bedroom 3, Bathroom 8, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 6, Bathroom 7, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 5
Standard status: Active
APN: R235706
Size: 4,320 SF
Lot size: 0.12 Acres

Taxes and HOA fees

Tax Description: PARKROSE & RPLT, BLOCK 81, LOT 13
Tax Annual Amount: 9953

Utilities

Heating system: Forced Air

Building Details

Year built: 2005
Floors in Building: 2
Number of units: 4
Roof type: Shingle, Composition

We can help!

Listing Contact

Scott Osmon

Listing agent Scott Osmon License #200604375

Listing office All Professionals Real Estate 20001 SW Tualatin Valley Hwy, Beaverton, OR

Listing date Jan 1, 2025

MLS# 24068858 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Fully rented 4‑plex with four 2‑bedroom, 2‑bath units
Each unit includes a living area plus a washer and dryer hookup closet and storage room
Bottom units have fenced backyards; upstairs units have front and back balconies
Built in 2005 and renovated throughout in 2014
Heating: forced air; roof: composition/shingle

Overview

This is a fully rented fourplex property located in Portland, Oregon. Constructed in 2005 and renovated throughout in 2014, the multifamily property contains four units. Each unit features 2 bedrooms, 2 baths, a living area, a washer and dryer hookup closet, and a storage room. The bottom units include a fenced backyard. The upstairs units have front and back balconies. The property is situated on a 0.12-acre lot and the building size is 4,320 square feet. The zoning is CG.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$90.7k	$21.00
− Vacancy	−$4.7k	−$1.09
EGI	$86.0k	$19.91
− OpEx	−$25.8k	−$5.97
NOI	$60.2k	$13.94

4,320 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$860.0K

$752.5K – $1.00M (±1% cap)

NOI $60,202 @ 7.0% cap · market cap 6.88%

Second Best

Apartment 5plus

$792.4K

$693.4K – $924.5K (±1% cap)

NOI $55,469 @ 7.0% cap · market cap 6.34%

Theoretical Best

Office A

$1.21M

$1.06M – $1.42M (±1% cap)

NOI $84,921 @ 7.0% cap · market cap 9.71%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.558468
Latitude: 45.557625

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For sale
Quadplexes
OR
Portland
97220
4724 NE 101ST Ave

What type of property is this?

Quadplex - Fully rented fourplex in Portland, Oregon, built in 2005.

Where is this quadplex located?

The property is located at 4724 NE 101ST Ave Portland, OR.

What is the asking price?

The asking price for this property is $875,000.

What are key features of this property?

This property features: Fully rented 4‑plex with four 2‑bedroom, 2‑bath units; Each unit includes a living area plus a washer and dryer hookup closet and storage room; Bottom units have fenced backyards; upstairs units have front and back balconies

4724 NE 101ST Ave, Portland, OR 97220

MULTI_FAMILY - Portland, OR

Property Features for 4724 NE 101ST Ave

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Community

Single-Level Fourplex with Garages

Detached Cottage Multifamily Portfolio

Modern 4-Unit Residential Property

New Construction Cottage Portfolio

New Multifamily Investment by Park

Versatile Commercial Property with Warehouse

1907 Duplex with Separate Entrances

Mixed-Use Development Fixer

Rose City Park Multifamily Investment

New Cottage Homes in Beaumont-Wilshire

Four-Unit Residential Income Property

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