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4775 NE 107th Ave
Portland, OR 97220 Parkrose

$3,225,000 USD

Apartments For Sale • 7,830 SF

Property Details

Property Type Apartments
Total Building Size 7,830 SF
Lot Size 0.11 AC
Building Class B
Year Built 2024
Cap Rate 5.26 %
Zoning RM2

55 Transit Score

76 Walk Score

                
                    Highlights
                
                                Stabilized turn-key investment
                            
                                Recently built in 2024
                            
                                Proximity to NE Sandy Blvd, grocery, and transit options

Property Flyers

NE 107th For Sale

Financial Summary (Proforma)

Net Operating Income: $169,518 USD (2026)

Cap Rate:	5.26 %
Total Expenses:	$116,182 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
SVN \| Bluestone- 107th Apartments

Amenities

Dishwasher
Disposal
Washer/Dryer
Gated
Stainless Steel Appliances
Bicycle Storage
Island Kitchen
Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
	17 min	-	9.1 mi
Transit/Subway	Drive	Walk	Distance
Parkrose/Sumner Transit Center (MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	10 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Portland International	9 min	-	4.1 mi

Daniel Silvey 503-201-8537 Knipe Realty

4775 NE 107th Ave Portland, OR 97220 Parkrose