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Mixed-Use Property with Retail Suite
New
For Sale
$3,150,000

5042 NE Fremont St, Portland, OR 97213

Recently built asset combines apartment residences with a ground-floor retail suite and exterior-access circulation.

Property Size5,653 SF
Price / SF$557.23
Days on Market7

Property Features for 5042 NE Fremont St

General Information

Standard status Active
Size 5,653 SF
Property subtype Multi-Family

Building Details

Year Built 2023
Listing Agency: Knipe Realty ERA Powered
Listed By: Daniel Silvey · License #201209834
Source: Thesanchezteamoregon
Added: Aug 24 Changed: Aug 28 Last Checked: Aug 29 at 11:50AM

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 Knipe Realty ERA Powered

Investment Insights

Based on property information with market context.

This mixed-use property at 5042 NE Fremont St in Portland includes 10 one-bedroom, one-bathroom apartments and one retail suite at street level. Completed in 2023, the building uses a walk-up layout with a gated entry, exterior staircase, and open-air corridors serving the residences.

The configuration limits interior common areas and places the retail component directly within the ground-floor plan. The property is located in Portland’s Beaumont Village neighborhood along NE Fremont Street.

Key Highlights

  • 10 one‑bedroom, one‑bathroom apartment units
  • One ground‑floor retail suite
  • Built in 2023

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Nail Salon Auto Parts Store HVAC Service Auto Repair Shop

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

844
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?
Mixed-use property - Recently built asset combines apartment residences with a ground-floor retail suite and exterior-access circulation.
Where is this mixed-use property located?
The property is located at 5042 NE Fremont St Portland, OR.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: 10 one‑bedroom, one‑bathroom apartment units; One ground‑floor retail suite; Built in 2023
More about this property
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