Eleven unit apartment community with history of high occupancy and cash flow. Priced at a 5.75% cap rate on 2024 financials. Many recent property updates and off street parking has helped the property maintain 98% occupancy over the last two years. Owner is a real estate broker in Oregon.
Active
$1,995,000
4405 SE 15th Ave, Portland, OR 97202
12beds
6,300sqft
Est.:
Multi Family
Built in 1970
-- sqft lot
$-- Zestimate®
$317/sqft
$-- HOA
What's special
- 8 days
- on Zillow |
- 122 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 05:43am
Listed by:
Glenna Cooke 503-201-2007,
GA Cooke Real Estate Services
Source: RMLS (OR),MLS#: 617529654

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 11
- Full bathrooms: 11
Appliances
- Included: Dishwasher, Range, Refrigerator, Electric Water Heater
- Laundry: Common Area
Interior area
- Total structure area: 6,300
- Total interior livable area: 6,300 sqft
Property
Parking
- Total spaces: 13
- Parking features: Off Street
Features
- Stories: 3
Lot
- Size: 0.29 Acres
- Features: SqFt 10000 to 14999
Details
- Parcel number: R117980
- Zoning: multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Foundation: Slab
- Roof: Composition
Condition
- Existing
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Laundry
Location
- Region: Portland
Financial & listing details
- Price per square foot: $317/sqft
- Annual tax amount: $18,527
- Date on market: 4/18/2025
- Listing terms: Cash,Conventional
- Total actual rent: 13195
- Road surface type: Paved
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