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New Construction 7-Unit Apartment Building
For Sale
Contact for pricing
Pending

5221 N Maryland Ave, Portland, OR 97217

Modern apartment property with open-concept interiors, vaulted ceilings, upgraded kitchens, and access to a fenced backyard and patio.

Property SizeContact for details
Days on Market151

Property Features for 5221 N Maryland Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 7 x 2BR/1.1BA
Multifamily Units 7

Amenities

tall & vaulted ceilings
custom kitchen with tilework, slab counters, stainless-steel appliances
expansive windows
sliding doors to fenced backyard and patio

Building Details

Buildings 1
Construction modern
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Source: Crexi
Added: Apr 11 Changed: Sep 5 Last Checked: Sep 8 at 5:27AM

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 apartment property contains seven two-bedroom, one-and-one-half-bath units. Interiors are arranged around open-concept living areas with tall or vaulted ceilings, neutral finishes, expansive windows, and sliding doors leading to a fenced backyard and patio. Kitchens include custom tile detailing, slab countertops, and stainless-steel appliances. A builder warranty is included.

The property is located at 5221 N Maryland Ave in Portland’s Overlook area, with nearby shops, parks, and PCC. Estimated completion was scheduled for early February 2023.

Key Highlights

  • Seven‑unit apartment building with two‑bedroom, 1.1‑bath units
  • New construction with estimated completion in early February 2023
  • Open‑concept interiors with tall and vaulted ceilings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Auto Parts Store Parking Lot & Garage Barber 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.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

985
Businesses Nearby

Demographics for 97217, OR

36,086
Population
17,038
Households
2.1
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
3,251
Density / Sq Mi
$100,387
Median Household Income
$56,790
Median Earnings
$1,789
Median Rent
$569,500
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?
Apartment building - Modern apartment property with open-concept interiors, vaulted ceilings, upgraded kitchens, and access to a fenced backyard and patio.
Where is this apartment building located?
The property is located at 5221 N Maryland Ave Portland, OR.
What are key features of this property?
This property features: Seven‑unit apartment building with two‑bedroom, 1.1‑bath units; New construction with estimated completion in early February 2023; Open‑concept interiors with tall and vaulted ceilings
(503) 597-2444 Call to check price and availability
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