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New Construction Quadplex
For Sale
Contact for pricing
Pending

5012 SE 38th Ave, Portland, OR 97202

Four light-filled residences offer open layouts, upgraded kitchens, and a builder warranty.

Property SizeContact for details
Days on Market143

Property Features for 5012 SE 38th Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 4 x 2BR/1.1BA
Multifamily Units 4

Building Details

Buildings 1
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:11PM

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 Keller Williams Realty Portland Premiere

Investment Insights

Based on property information with market context.

This newly constructed quadplex contains four two-bedroom, one-and-a-half-bath units with open-concept interiors and tall ceilings. Each residence features a custom kitchen with tile work, slab countertops, stainless steel appliances, and expansive windows. Neutral designer finishes create a consistent contemporary presentation across the property, while the layouts are designed to provide a spacious feel.

The property is situated in the Reed area, within blocks of Woodstock and Eastmoreland shops, restaurants, and parks. The development is one of four side-by-side quadplexes, with the option to acquire one, two, three, or all four properties as a package. A builder warranty is included.

Key Highlights

  • Newly constructed quadplex with 4 total units
  • Unit mix includes four 2‑bedroom, 1.1‑bath residences
  • Open‑concept layouts with tall ceilings and expansive windows

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Home Appliance 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

794
Businesses Nearby

Demographics for 97202, OR

43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four light-filled residences offer open layouts, upgraded kitchens, and a builder warranty.
Where is this quadplex located?
The property is located at 5012 SE 38th Ave Portland, OR.
What are key features of this property?
This property features: Newly constructed quadplex with 4 total units; Unit mix includes four 2‑bedroom, 1.1‑bath residences; Open‑concept layouts with tall ceilings and expansive windows
(503) 597-2444 Call to check price and availability
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