Seven unit apartment complex with large two and three bedroom flats and townhomes. One unit has an attached garage. All apartments have washer/dryer hookups. Same owner for last 10 year and history of high occupancy. Owner is a real estate broker in Oregon. Seller will 1031 exchange.
Active
$1,750,000
5516 NE 48th Ave, Portland, OR 97218
18beds
7,250sqft
Est.:
Multi Family
Built in 1975
-- sqft lot
$-- Zestimate®
$241/sqft
$-- HOA
What's special
Attached garage
- 7 days
- on Zillow |
- 56 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 02:44pm
Listed by:
Glenna Cooke 503-201-2007,
GA Cooke Real Estate Services
Source: RMLS (OR),MLS#: 786924992

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 10
- Full bathrooms: 7
- Partial bathrooms: 3
Appliances
- Included: Range, Refrigerator
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 7,250
- Total interior livable area: 7,250 sqft
Property
Parking
- Parking features: Assigned
Features
- Stories: 2
Lot
- Size: 0.41 Acres
- Features: Level, SqFt 15000 to 19999
Details
- Parcel number: R194223
- Zoning: multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $241/sqft
- Annual tax amount: $13,398
- Date on market: 4/18/2025
- Listing terms: Cash,Conventional
- Total actual rent: 11380
- Road surface type: Paved
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