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    4320 Gantenbein Ave Portland, OR 97217

    For Sale
    $2,499,900

    Luxury 6-unit apartment building, prime location

    Property size:
    5,476 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2-story, 5,476 square foot apartment building in Portland, Oregon's desirable Humboldt neighborhood offers six meticulously designed 2-bedroom, 2.1-bathroom units. Each unit boasts an open floor plan, high-end finishes including custom kitchens with modern cabinetry, slab countertops, and stainless steel appliances. Tall ceilings, expansive windows, and stylish lighting create a bright and airy atmosphere. Private yard spaces and coveted air conditioning add to the appeal. Located at 4320 N Gantenbein Ave, 97217, this property benefits from a walkable location near the Vancouver/Williams corridor and N Mississippi Ave, offering easy access to shops, restaurants, and parks. The area boasts a 100 BikeScore. The building is situated near Legacy Emmanuel Hospital, adding to its desirability. Built in 2024, this property comes with a one-year builder warranty, providing peace of mind for investors. The asking price is $2,499,900, with each unit priced at $416,650. Zoned RM2, this multifamily investment presents a strong opportunity in a thriving Portland neighborhood. Estimated completion is mid-October.

    Property Features for 4320 Gantenbein Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    5,476 SF

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    2
    Units
    6

    HighLights

    • Open‑concept floor plans.
    • Walkable to the Vancouver/Williams Corridor.
    • Exceptional Humboldt neighborhood location with a 100 BikeScore.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6688256
    Latitude
    45.554763

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    FAQs

    What type of property is this?
    Multifamily property - Luxury 6-unit apartment building, prime location
    Where is this multifamily property located?
    The property is located at 4320 Gantenbein Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $2,499,900.
    What are key features of this property?
    This property features: Open-concept floor plans.; Walkable to the Vancouver/Williams Corridor.; Exceptional Humboldt neighborhood location with a 100 BikeScore.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4320 Gantenbein Ave Portland, OR 97217
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