Mixed-Use Property with Retail
New
For Sale
$3,150,000
5042 NE FREMONT St, Portland, OR 97213
MULTI_FAMILY - Portland, OR
Property Size5,653 SF
Lot Size0.09 Acres
Price / SF$557.23
Days on Market3
Property Features for 5042 NE FREMONT St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
CM1
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1
Subdivision
ROSE CITY PARK
Elementary school
Alameda
Middle school
Beaumont
High school
Grant
Directions
NE Fremont, between NE 50th Ave & NE 51st Ave
Standard status
Active
APN
R260890
Size
5,653 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
ROSE CITY PK, BLOCK 153, W 50' OF LOT 1
Tax Annual Amount
25360
Legal Description
ROSE CITY PK, BLOCK 153, W 50' OF LOT 1
Building Details
Year built
2023
Floors in Building
3
Number of units
10
Roof type
Metal
Listing Agency:
Knipe Realty ERA Powered
(503) 445-7660
Listed By:
Daniel Silvey · License #201209834
(503) 201-8537
Added: Aug 5
Last Checked: Aug 7 at 4:06AM
MLS# 477860916
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.
Investment Insights
Based on property information with market context.
Completed in 2023, this mixed-use property combines 10 one-bedroom, one-bathroom apartments with a ground-floor retail suite. The 5,653-square-foot building uses an exterior circulation plan, including a gated entry, staircase, and open-air corridors for residential access. A metal roof is among the recorded building features, and the CM1 zoning designation is documented for the property.
The asset is located at 5042 NE FREMONT St in Portland’s Beaumont Village neighborhood. Its configuration limits interior common areas by directing apartment access outdoors, while the commercial suite occupies the building’s street-level portion. The property sits on a 0.09-acre lot in Multnomah County, within the 97213 postal area.
The asset is located at 5042 NE FREMONT St in Portland’s Beaumont Village neighborhood. Its configuration limits interior common areas by directing apartment access outdoors, while the commercial suite occupies the building’s street-level portion. The property sits on a 0.09-acre lot in Multnomah County, within the 97213 postal area.
Key Highlights
- 10 one‑bedroom, one‑bathroom apartment units
- Ground‑floor retail suite included
- 5,653‑square‑foot mixed‑use building
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
736
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Gated walk-up access serves residential units above a ground-floor commercial suite in Northeast Portland.
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; Ground‑floor retail suite included; 5,653‑square‑foot mixed‑use building
