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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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11 NE 55th Ave , Portland, OR 97213
$3,099,999
Est. Payment: $15,587.31/mo
14 Bed
16 Bath
9647 Sqft
Status: active | Days on site: 352
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Exceptional investment opportunity in Portland’s coveted North Tabor neighborhood. This newly constructed 16-unit apartment building, completed by a respected local builder, offers modern design, long-term durability, and broad rental appeal. With a proven rental history and low-maintenance construction, this turnkey property is ideal for both seasoned investors and those looking to expand their portfolio. The building features a desirable mix of thoughtfully designed units, allowing for flexible leasing and strong occupancy rates. Stylish, contemporary finishes throughout the interiors and a clean, modern exterior enhance tenant satisfaction and curb appeal. Secure entry and well-maintained common areas contribute to tenant comfort and building integrity. Set in the heart of North Tabor—a neighborhood prized for its close-in convenience, tree-lined streets, and easy access to transit, parks, and vibrant local businesses—this location places tenants near the MAX light rail, Providence Portland Medical Center, and popular spots like Tabor Bread, Coquine, and the Montavilla dining and shopping scene. With a strong Walk Score and bike-friendly streets, this area is ideal for tenants seeking a connected, car-free lifestyle. Enjoy the stability of a high-demand rental location, paired with the ease of a well-executed new build. Don’t miss this rare chance to own a premium multifamily asset in one of Portland’s most sought-after close-in Eastside neighborhoods.

Highlights

Listed by Darryl Bodle , 503-709-4632 and Kelly Christian , 503-597-2444 Keller Williams Realty Portland Premiere , 503-597-2444. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

2025

County

Multnomah

Area

142 - Portland Northeast

Neighborhood

North Tabor

Listing ID

619792928

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:14
  • Bathrooms:16
  • Full Bathrooms:16
Other:Public Water

Exterior Features

Lot:Level
Zoning:CM2
Others:New Construction
Sewer:Public Sewer
Principal Interest
$15,587
Taxes
$1,976

Home Price

$3,099,999

Loan Details

30 yrs
6.446%

Down Payment

20%
$620,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,587.31

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,587.31 $1,976.25 $0.00 $17,563.56
Yearly $187,047.76 $23,714.99 $0.00 $210,762.75
Total $5,611,432.78 $711,449.77 $0.00 $6,322,882.55

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 2026-07-24T03:19:25.000Z

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