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$3,999,900

  • For Sale
  • Active
  • Multi-Family
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232 NE 61st Ave, Portland, ORVideo Tour of 232 NE 61st Ave, Portland, OR.
Bolster your investment portfolio with this phenomenal opportunity to own an exquisite, fully leased, new construction 15-unit apartment complex from a quality local builder. Nestled in NEs hotspot of North Tabor this location will have everything you need at your doorstep! High-end, modern finishes grace each space of these expertly crafted units which feature tall ceilings + an open concept floor plan bringing an abundance of natural light with designer tones! With a mix of 1 be + 2 bed units further diversifying your investment portfolio. Custom cabinetry, desirable stainless-steel appliances + stackable W/D finish out the interior! Indoor bike storage + enclosed trash area round out a few other notable items plus 15-year new construction rent-control exemption!

Full Property Details for 232 NE 61st Ave

General

  • Price: $3,999,900
  • Taxes: $40,889 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 24473358
  • Updated: 12/11/2025
  • Added to Site: 703 day(s) ago

Rental Information

  • Rent Includes: None

Additional Information

  • Security/Safety: Sidewalk

Location

  • County: Multnomah
  • Subdivision: NORTH TABOR
  • Driving Directions: NE Glisan St, S on NE 61st Ave

School Information

  • Elementary School: Vestal
  • Middle School: Mt Tabor
  • High School: Franklin

Community

  • Community Name: 142 - Portland Northeast

Heating & Cooling

  • Heating Type: Zoned
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Roof: Composition
  • Stories/Levels: 3
  • Square Feet: 12,240
  • Year Built: 2024
  • Property Condition: New Construction

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Operating Expenses: $59,072
  • Tax Amount: $40,889.67
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: ORCHARD HOMES, BLOCK 6, LOT 27
  • Property ID: R230713

Listed by Keller Williams Realty Portland Premiere (503) 597-2444, Darryl Bodle (503) 709-4632 and Keller Williams Realty Portland Premiere (503) 597-2444, Kelly Christian (908) 328-1873

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Listing agents

— 232 NE 61st Ave —

  • Darryl Bodle

    Keller Williams Realty Portland Premiere

    503-597-2444

  • Kelly Christian

    Keller Williams Realty Portland Premiere

    503-597-2444

503-709-4632

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 232 NE 61st Ave

School District:Portland School District 1j
NameGradesDistance
Vestal Elementary School
161 Northeast 82nd Avenue, Portland, OR 97220
K-51 mi
Roseway Heights School
7334 Northeast Siskiyou Street, Portland, OR 97213
6-81.5 mi
Leodis V. McDaniel High School
3905 Southeast 91st Avenue, Portland, OR 97266
9-122.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 232 NE 61st Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/14/2024
Listed
$3,999,900
627.25%
MLS
11/14/2022
Sold
$550,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 232 NE 61st Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$40,890
80%
$1,517,536
79%
2024
$22,719
768%
$849,156
760%
2023
$2,616
-39%
$98,710
-38%
2021
$4,318
69%
$159,720
67%
2022
$2,559
-41%
$95,840
-38%
2021
$4,318
13%
$155,070
3%
2019
$3,816
3%
$150,560
3%
2018
$3,704
4%
$146,180
3%
2017
$3,550
9%
$141,930
3%
2016
$3,249
3%
$137,800
3%
2015
$3,164
2%
$133,790
3%
2014
$3,116
2%
$129,900
3%
2013
$3,044
—
$126,120
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 232 NE 61st Ave

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NMLS#: 1598647

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Listed by Keller Williams Realty Portland Premiere (503) 597-2444, Darryl Bodle (503) 709-4632 and Keller Williams Realty Portland Premiere (503) 597-2444, Kelly Christian (908) 328-1873

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232 NE 61st Ave, Portland, OR 97213 (MLS# 24473358) is a Multi-Family property with 15 units containing 0 bedrooms and 0 full bathrooms. 232 NE 61st Ave is currently listed for $3,999,900 and was received on February 14, 2024. Want to learn more about 232 NE 61st Ave? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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