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11-Unit Apartment Building
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7530 North Richmond Avenue, Portland, OR 97203

Recently built multifamily property is fully occupied and includes onsite parking and storage.

Property Size8,375 SF
Days on Market4

Property Features for 7530 North Richmond Avenue

General Information

Standard status Active
Size 8,375 SF
Property subtype Multifamily
Zoning CM2
Occupancy 100%

Additional Details

Multifamily Units 11

Amenities

storage

Building Details

Building Size 8,375 SF
Year Built 2021
Buildings 1
Listing Agency: Macadam Forbes
Listed By: Cooper Collins · License #OR #201250793
Source: Macadamforbes
Added: Aug 19 Changed: Aug 21 Last Checked: Aug 21 at 4:50AM

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 Macadam Forbes

Investment Insights

Based on property information with market context.

Constructed in 2021, this 11-unit apartment property contains 8,375 square feet and is currently 100% occupied. Onsite parking and storage are included, providing additional physical features for residents and property operations. The property is zoned CM2.

The building is located at 7530 North Richmond Avenue in Portland’s St. Johns neighborhood. Its recent construction and established occupancy provide a clear snapshot of the asset’s current configuration.

Key Highlights

  • 11‑unit apartment building constructed in 2021
  • 8,375 square feet of apartment space
  • Currently 100% occupied

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Nail Salon Parking Lot & Garage Electrical Service

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

11
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

951
Businesses Nearby

Demographics for 97203, OR

33,763
Population
13,462
Households
2.5
Avg Household Size
34
Median Age
45%
College-Educated
90%
High-School Grad
10.8 sq mi
ZIP Area
3,126
Density / Sq Mi
$77,619
Median Household Income
$46,152
Median Earnings
$1,551
Median Rent
$468,600
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 - Recently built multifamily property is fully occupied and includes onsite parking and storage.
Where is this apartment building located?
The property is located at 7530 North Richmond Avenue Portland, OR.
What are key features of this property?
This property features: 11‑unit apartment building constructed in 2021; 8,375 square feet of apartment space; Currently 100% occupied
More about this property
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