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About This Home

This 7-bedroom, 8-bathroom residential multi family at 11 NE 55TH Ave in Portland, OR is listed for $3,349,900 ($347 per sqft). Built in 2025, the home offers 9,647 sqft of living space on a 0.12 acres lot.

Agent 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.

Key Features

  • Built in 2025
  • 0.12 acre lot
  • 3 stories

Property Details

3 stories
8 full
2025

Monthly Cost Estimate

$17,916/mo

20% down · 6.5% · 30 years

Principal$2,423
Interest$14,516
Insurance$977

Estimates only. Actual payments may vary.

Location

11 NE 55TH Ave

Portland, OR 97213

NORTH TABOR

Questions & Answers

This 7-bedroom, 8-bathroom residential multi family at 11 NE 55TH Ave is listed at $3,349,900 ($347/sqft). The estimated monthly payment is $14,516 based on 20% down at 6.5% interest.

Key features include: Built in 2025, 0.12 acre lot, 3 stories.

This property is listed by Darryl Bodle and can be reached at 5037094632 or info@toodb.com.

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DB

Darryl Bodle

Agent at Keller Williams Realty Portland Premiere

(503) 709-4632

Listed by Keller Williams Realty Portland Premiere

MLS# 619792928· Source: listhub· Updated 248 days ago

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11 NE 55TH Ave, Portland, OR 97213

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