Recently constructed and fully stabilized 16-unit apartment building located in Portland’s Parkrose neighborhood. This turn-key investment offers low-maintenance ownership with modernsystems, contemporary finishes, and a balanced mix of unit types designed to attract a broad tenant base. Built with long-term durability and operational efficiency in mind, the property features well-finished units with quality fixtures, high-end kitchens, in unit washer/dryers, and established occupancy. The diversified unit mix supports stable occupancy and consistent cash flow, appealing to both traditional renters and high demand workforce housing that is near NE Sandy Blvd, grocery, close access to the airport, and transit.
Active
$3,225,000
4775 NE 107th Ave, Portland, OR 97220
14beds
10,480sqft
Multi Family
Built in 2024
-- sqft lot
$-- Zestimate®
$308/sqft
$-- HOA
What's special
Modern systemsContemporary finishesQuality fixturesWell-finished unitsHigh-end kitchens
- 124 days |
- 75 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Daniel Silvey 503-201-8537,
Knipe Realty ERA Powered
Source: RMLS (OR),MLS#: 752828656
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 16
- Full bathrooms: 16
Cooling
- Air Conditioning Ready
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Electric Water Heater
Features
- Basement: None
Interior area
- Total structure area: 10,480
- Total interior livable area: 10,480 sqft
Property
Parking
- Parking features: Off Street
Features
- Stories: 4
- Has view: Yes
- View description: Seasonal
Lot
- Size: 4,791 Square Feet
- Features: Gated, Level, SqFt 3000 to 4999
Details
- Parcel number: R703341
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding, Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- New Construction
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Fire Sprinkler System, Security Gate
- Subdivision: Parkrose
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $2,821,240
- Annual tax amount: $28,957
- Date on market: 3/9/2026
- Listing terms: Cash,Contract,Conventional,Owner Will Carry
- Total actual rent: 22028
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Listed for sale | $3,225,000$308/sqft |
Source:  RMLS (OR) #752828656 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $28,958 +102.5% | $1,265,440 +100.1% |
| 2024 | $14,302 +1233% | $632,540 +1216.7% |
| 2023 | $1,073 +2% | $48,040 +3% |
| 2022 | $1,052 +1.7% | $46,650 +3% |
| 2021 | $1,035 +7.7% | $45,300 +3% |
| 2020 | $961 | $43,990 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Parkrose
Nearby schools
GreatSchools rating
- 3/10Prescott Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10Parkrose Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Parkrose High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Middle: Roseway Heights
- High: Parkrose
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Multnomah County
- Portland
- 97220
- Parkrose
- 4775 NE 107th Ave
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