5605 SE Milwaukie Ave Portland, OR 97202

Listing office Portland Office a***@marcusmillichap.com Show Phone

Listing date Jul 8, 2026

Source Marcusmillichap

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Investment Insights

Based on property information with market context.

Studio Pointe is a 30-unit apartment community built in 2020 featuring an efficient studio layout. The units are described as having modern, durable finishes, including granite countertops, vinyl plank flooring, contemporary appliance packages with microwaves, and updated bathrooms. The property also includes secure bike storage and on-site laundry.

Studio Pointe operates under the Low-Income Housing Tax Credit (LIHTC) program, supporting an income-qualified tenant base and consistent occupancy performance. The community is located in Portland’s Sellwood-Moreland neighborhood of Southeast Portland.

The listing describes Studio Pointe as a newer-vintage, stabilized LIHTC asset designed to align with workforce housing demand in a supply-constrained submarket, with tenant and operations anchored by the LIHTC structure.

Key Highlights

• 30‑unit studio apartment community built in 2020, totaling 11,339 SF
• Operates under the Low‑Income Housing Tax Credit (LIHTC) program with income‑qualified tenants
• Each studio features granite countertops, vinyl plank flooring, updated bathrooms, and contemporary appliance packages including microwaves

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FAQs

What type of property is this?

Apartment building - 30-unit studio apartment community built in 2020, operating under the LIHTC program with on-site laundry and secure bike storage.

Where is this apartment building located?

The property is located at 5605 SE Milwaukie Ave Portland, OR.

What is the asking price?

The asking price for this property is $3,350,000.

What are key features of this property?

This property features: 30‑unit studio apartment community built in 2020, totaling 11,339 SF; Operates under the Low‑Income Housing Tax Credit (LIHTC) program with income‑qualified tenants; Each studio features granite countertops, vinyl plank flooring, updated bathrooms, and contemporary appliance packages including microwaves