11 NE 55TH AVE, Portland, OR 97213 | MLS #619792928 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 619792928MLS ProviderContact Information: 503-709-4632

11 NE 55TH AVEPortland, OR 97213

Multi-Family · 9,647 Sq. ft. | 0.12 Acres
$3,099,999 Active

11 NE 55TH AVE Overview

Time on Site:
328 days
Visits:
22

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.

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11 NE 55TH AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 9,647
  • Price/Sq.ft. $321
  • Lot 0.12 Acres

Details

General

School Information

  • Elementary School: Glencoe
  • Middle Or Junior School: Mt Tabor
  • High School: Franklin

Income/Expenses

  • Gross Income: 256005.0
  • Net Operating Income: 173288.0
  • Operating Expense: 82717.0

Building Information

  • Year Built: 2025

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast
  • Subdivision Name: NORTH TABOR

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 0
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R216522
  • Property Condition: New Construction
  • Property Type: Multi Family
  • Zoning: CM2

Interior

Building Interior

  • Building Area Total: 9647.0

General Information

  • Heating: Wall Heater
  • Security Features: Entry
  • Stories: 3

Exterior

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Water Source: Public Water

General Information

  • Number Of Units Total: 16
  • Sewer: Public Sewer

11 NE 55TH AVE Neighborhood

Community

97213 (Portland) Demographics

41
Median Age
8,110
Population Density (per sq. mile)
66%
College Educated
$80,916
Estimated Median Income
9,378
Estimated Total Home Owners
5,289
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

11 NE 55TH AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

11 NE 55TH AVE Market Data

Based on the last 30 days in this zip code

$490,975
Average List Price
$304
Average Price per Square Foot
32
Properties Sold
83
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

11 NE 55TH AVE History

Date Event Value Agent
5/8/2026Source: Regional MLS Price Reduction
$3,099,999 -7.5%
8/14/2025Source: Regional MLS Price Increase
$3,349,900 5.3%
8/5/2025Source: Regional MLS Added to Database
August 05, 2025