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.
Active
Price cut: $249.9K (5/8)
$3,099,999
11 NE 55th Ave, Portland, OR 97213
14beds
9,647sqft
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$321/sqft
$-- HOA
What's special
Modern designClean modern exteriorSecure entryTree-lined streetsWell-maintained common areas
- 332 days |
- 72 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Darryl Bodle 503-709-4632,
Keller Williams Realty Portland Premiere,
Kelly Christian 908-328-1873,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 619792928
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 16
- Full bathrooms: 16
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator, Electric Water Heater
Interior area
- Total structure area: 9,647
- Total interior livable area: 9,647 sqft
Video & virtual tour
Property
Features
- Stories: 3
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 5,227 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R216522
- Zoning: CM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
Condition
- New Construction
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Entry
- Subdivision: North Tabor
Location
- Region: Portland
Financial & listing details
- Price per square foot: $321/sqft
- Tax assessed value: $450,000
- Annual tax amount: $4,522
- Date on market: 8/5/2025
- Listing terms: Cash,Conventional
- Total actual rent: 20850
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Price change | $3,099,999-7.5%$321/sqft |
Source:  RMLS (OR) #619792928 Report a problem | ||
| 8/15/2025 | Price change | $3,349,900+5.3%$347/sqft |
Source: RMLS (OR) #619792928 Report a problem | ||
| 8/6/2025 | Listed for sale | $3,179,900+389.2%$330/sqft |
Source: RMLS (OR) #619792928 Report a problem | ||
| 2/1/2024 | Sold | $650,000+47.8%$67/sqft |
Source: Public Record Report a problem | ||
| 8/21/2018 | Listing removed | $1,945 |
Source: Enko Properties, LLC Report a problem | ||
| 7/30/2018 | Listed for rent | $1,945+5.1% |
Source: Enko Properties, LLC Report a problem | ||
| 8/1/2017 | Listing removed | $1,850 |
Source: Enko Properties Report a problem | ||
| 7/27/2017 | Price change | $1,850-2.6% |
Source: Zillow Rental Manager Report a problem | ||
| 7/14/2017 | Listing removed | $439,900$46/sqft |
Source: Portland Premiere #17305694 Report a problem | ||
| 7/14/2017 | Listed for rent | $1,899 |
Source: Owner Report a problem | ||
| 6/13/2017 | Price change | $439,900-1.1%$46/sqft |
Source: Portland Premiere #17305694 Report a problem | ||
| 5/16/2017 | Price change | $444,900-1.1%$46/sqft |
Source: Portland Premiere #17305694 Report a problem | ||
| 4/12/2017 | Listed for sale | $449,900+59.6%$47/sqft |
Source: Keller Williams Realty Portland Premiere #17305694 Report a problem | ||
| 4/7/2017 | Sold | $281,850$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,522 +3.7% | $167,810 +3% |
| 2024 | $4,359 +4% | $162,930 +3% |
| 2023 | $4,192 +2.2% | $158,190 +3% |
| 2022 | $4,101 +1.7% | $153,590 +3% |
| 2021 | $4,032 +9% | $149,120 +3% |
| 2020 | $3,699 +3.8% | $144,780 +3% |
| 2019 | $3,563 | $140,570 +3% |
| 2018 | $3,563 +3% | $136,479 +13.4% |
| 2017 | $3,458 +25.5% | $120,320 +3% |
| 2016 | $2,754 | $116,820 +3% |
| 2015 | $2,754 +2.7% | $113,420 +3% |
| 2014 | $2,682 +3.9% | $110,120 +3% |
| 2013 | $2,580 +10.5% | $106,920 +3% |
| 2012 | $2,334 +3.9% | $103,810 +3% |
| 2011 | $2,246 +5.4% | $100,790 +3% |
| 2010 | $2,132 +2.7% | $97,860 +3% |
| 2009 | $2,076 +6% | $95,010 +3% |
| 2008 | $1,959 +0.3% | $92,250 +3% |
| 2007 | $1,953 +11.3% | $89,570 +3% |
| 2006 | $1,754 +4.7% | $86,970 +3% |
| 2005 | $1,675 -8.2% | $84,440 +3% |
| 2004 | $1,825 +2.3% | $81,990 +3% |
| 2003 | $1,785 +8.9% | $79,610 +3% |
| 2002 | $1,639 +7.4% | $77,300 +6.1% |
| 2000 | $1,527 +7.5% | $72,870 +3% |
| 1999 | $1,420 | $70,750 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: North Tabor
Nearby schools
GreatSchools rating
- 10/10Glencoe Elementary SchoolGrades: K-5Distance: 0.5 mi
- 10/10Mt Tabor Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Franklin High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Glencoe
- Middle: Mt Tabor
- High: Franklin
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97213
- North Tabor
- 11 NE 55th Ave
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