Search
Seven-Story Apartment Community
For Sale
Contact for pricing

5620 N Interstate Ave, Portland, OR 97217

A seven-story, 130-unit apartment community near a MAX station, built with modern mid-rise design.

Property SizeContact for details
Days on Market62

Property Features for 5620 N Interstate Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 130

Building Details

Stories 7
Tenancy Multi
Listing Agency: Portland
Listed By: Sean Worl
Source: Colliers
Added: Jun 21 Changed: Aug 8 Last Checked: Jul 16 at 1:44AM

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 Portland

Investment Insights

Based on property information with market context.

Nomad is a quality-built, thoughtfully designed 130-unit apartment community in the Overlook neighborhood of North Portland. The property is described as modern mid-rise architecture rising seven stories, with interiors that draw inspiration from motorcycle culture and feature works by a different photographer on each floor. The community also notes that many units offer sweeping mountain and city views.

Nomad is located adjacent to the N Killingsworth MAX station, positioning it as a transit-oriented property with pedestrian access to nearby destinations. According to the remarks, the Adidas North American Campus, the Mississippi business district, and Portland Community College are within walking distance.

This offering is best suited for investors or operators seeking a purpose-built, multi-family asset with transit adjacency and a distinctive unit and common-area design approach. With 130 apartment units in a seven-story configuration, the property may appeal to buyers looking for scale within a single residential income community. For tenants, the asset’s proximity to MAX and walkable nearby employment and activity centers can support everyday commuting and access to local destinations.

Key Highlights

  • 7‑story, 130‑unit apartment community in North Portland’s Overlook neighborhood
  • Adjacent to the N Killingsworth MAX station for transit‑oriented access
  • Modern mid‑rise architecture along Interstate Avenue

Property Analytics

Current Use

Nomad Apartments Real Estate Agency Nomad Apartment Building Rarity Motorcycles Auto Repair Shop

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store 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

130
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

894
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - A seven-story, 130-unit apartment community near a MAX station, built with modern mid-rise design.
Where is this apartment building located?
The property is located at 5620 N Interstate Ave Portland, OR.
What are key features of this property?
This property features: 7‑story, 130‑unit apartment community in North Portland’s Overlook neighborhood; Adjacent to the N Killingsworth MAX station for transit‑oriented access; Modern mid‑rise architecture along Interstate Avenue
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message