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New Quadplex with Open Layout
For Sale
Contact for pricing
Pending

5060 SE 38th Ave, Portland, OR 97202

Four residences feature two bedrooms, 1.1 baths, contemporary finishes, and abundant window light.

Property SizeContact for details
Days on Market142

Property Features for 5060 SE 38th Ave

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:11PM

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, 1.1-bath residences with open interior layouts and tall ceilings. The units incorporate contemporary finishes, including custom kitchen cabinetry, tiled surfaces, slab countertops, stainless steel appliances, and large windows that bring in substantial natural light. Neutral interiors and elevated design details create a consistent finish package across the property, and a builder warranty is included.

The property is located at 5060 SE 38th Ave in Portland, with Woodstock and Eastmoreland shops, restaurants, and parks situated within several blocks. The address places the asset in an established setting with access to nearby neighborhood retail, dining, and outdoor amenities.

Key Highlights

  • Four‑unit quadplex with four 2‑bedroom, 1.1‑bath residences
  • New construction with builder warranty
  • Open 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

Multi-tenant
Tenancy

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 residences feature two bedrooms, 1.1 baths, contemporary finishes, and abundant window light.
Where is this quadplex located?
The property is located at 5060 SE 38th Ave Portland, OR.
What are key features of this property?
This property features: Four‑unit quadplex with four 2‑bedroom, 1.1‑bath residences; New construction with builder warranty; Open layouts with tall ceilings and expansive windows
(503) 597-2444 Call to check price and availability
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