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Remodeled Five-Unit Apartment Building
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8107 NE Failing St, Portland, OR 97213

Fully leased Northeast Portland property with a four-to-one mix of one- and two-bedroom apartments.

Property Size2,976 SF
Days on Market105

Property Features for 8107 NE Failing St

General Information

Standard status Active
Size 2,976 SF
Property subtype Multi-Family
Occupancy 100%

Site & Location

Neighborhood Roseway

Units

Unit Mix 4 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 5

Building Details

Year Built 1959
Year Renovated 2019
Tenancy Multi
Listing Agency: Realty Marketing / Northwest
Listed By: John Rosenthal
Source: Foxrealestategroups
Added: Jul 20 Changed: Oct 25 Last Checked: Oct 30 at 2:53PM

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 Realty Marketing / Northwest

Rey
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Investment Insights

Based on property information with market context.

This 2,976-square-foot apartment building contains five residential units: four one-bedroom, one-bath apartments and one two-bedroom, one-bath apartment. The property was substantially remodeled in 2019 after a fire and was built in 1959. All units are leased, with residents occupying the property under month-to-month agreements and reported tenures ranging from three to four years.

The building occupies the corner of NE Failing Street and NE 81st Avenue in Northeast Portland. Landlord responsibilities include water, sewer, trash service, and landscaping, providing a clearly defined operating profile for the property. The unit mix combines predominantly one-bedroom layouts with a larger two-bedroom residence within the same five-unit asset.

Key Highlights

  • 2,976‑square‑foot apartment building built in 1959
  • Five units: four 1‑bedroom/1‑bath and one 2‑bedroom/1‑bath apartment
  • Extensively remodeled in 2019 following a fire

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby

Demographics for 97213, OR

31,260
Population
14,971
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
7,815
Density / Sq Mi
$95,801
Median Household Income
$56,941
Median Earnings
$1,490
Median Rent
$609,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased Northeast Portland property with a four-to-one mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 8107 NE Failing St Portland, OR.
What are key features of this property?
This property features: 2,976‑square‑foot apartment building built in 1959; Five units: four 1‑bedroom/1‑bath and one 2‑bedroom/1‑bath apartment; Extensively remodeled in 2019 following a fire
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