Introducing 15th Avenue Apartments—a 9-unit multifamily investment opportunity in Portland’s desirable Vernon Neighborhood. This well-maintained property offers a mix of studio and one-bedroom apartments, each featuring hardwood flooring, fully equipped kitchens, and spacious closets. Residents benefit from shared community amenities including ample off-street parking, on-site laundry facilities, and a shared outdoor space complete with a firepit. Strategically located in vibrant North Portland, 15th Avenue Apartments is situated off NE Killingsworth St, a major corridor well-served by public transportation with a myriad of retail and dining 0ptions. . The property is only minutes from the high-end local grocer New Seasons Market — a significantneighborhood hub for families throughout North Portland. According to a recent Article on Eater, of the top 38 restaurants in the city, 9 are within walking distance of the property, 3 of which are within 3 blocks. 15th Avenue Apartments is also just a five-minute drive from Portland Community College, serving over 50,000 students across the city.
Active
Price cut: $100K (4/7)
$1,430,000
5402 NE 15th Ave, Portland, OR 97211
5beds
4,180sqft
Est.:
Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$342/sqft
$-- HOA
What's special
Hardwood flooringSpacious closetsAmple off-street parkingFully equipped kitchens
- 49 days
- on Zillow |
- 513 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2025 at 07:01am
Listed by:
Reuben Schug moreland@windermere.com,
Windermere Realty Trust
Source: RMLS (OR),MLS#: 335293682

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Forced Air
Appliances
- Included: Range, Refrigerator, Electric Water Heater
Features
- Flooring: Hardwood
- Basement: None
Interior area
- Total structure area: 4,180
- Total interior livable area: 4,180 sqft
Property
Features
- Stories: 1
Lot
- Size: 10,018.8 Square Feet
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: R294856
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding
- Roof: Composition
Condition
- Existing
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Commons
- Subdivision: Vernon
Location
- Region: Portland
Financial & listing details
- Price per square foot: $342/sqft
- Annual tax amount: $7,535
- Date on market: 3/11/2025
- Listing terms: Call Listing Agent
- Total actual rent: 10962
- Road surface type: Paved
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