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11 NE 55th Ave
Portland, OR 97213 North Tabor

$3,099,999 USD

Apartments For Sale  •  11,609 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,609 SF
  • Lot Size 0.12 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 5.59 %
  • Zoning CM2
60 Transit Score
90 Walk Score

Highlights

Impeccably designed 16-unit buiilding
Coveted North Tabor neighborhood
Turnkey Investment Opportunity

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $173,428 USD (2025)
Cap Rate: 5.59 %
Total Expenses: $82,576 USD

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.3 mi
Transit/SubwayDriveWalkDistance
NE 60th (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 8 min 14 min 0.7 mi
AirportDriveWalkDistance
Portland International 16 min - 8.5 mi
Darryl Bodle II 503-709-4632 Keller Williams Commercial
Darryl Bodle II 503-709-4632 Keller Williams Commercial