Studio Pointe — Sale in Portland, OR
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Portland, OR 97202
Photos


Investment Figures
- Cap rate
- 5.37%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Studio Pointe is a 30-unit apartment community built in 2020 and ideally positioned in the highly sought-after Sellwood-Moreland neighborhood of Southeast Portland. The 11,339-square-foot property offers an efficient, thoughtfully designed studio product that directly aligns with strong workforce housing demand in a supply-constrained submarket. Each unit features modern, durable finishes including granite countertops, vinyl plank flooring, contemporary appliance packages, microwaves, and updated bathrooms, delivering a low-maintenance and highly rentable product. The property operates under the Low-Income Housing Tax Credit (LIHTC) program, providing a stabilized, income-qualified tenant base and consistent occupancy performance. This structure offers investors predictable cash flow, reduced exposure to market volatility, and potential property tax advantages. Supporting amenities include secure bike storage—well aligned with the neighborhood’s high bikeability—and on-site laundry, further enhancing tenant retention and ancillary income. Studio Pointe is located in Portland’s Sellwood-Moreland submarket, one of the region’s most desirable and lifestyle-driven neighborhoods. Known for its strong walkability, neighborhood retail corridors, and access to outdoor amenities, the area consistently attracts renters seeking both convenience and quality of life. Residents benefit from proximity to Sellwood Riverfront Park, Oaks Bottom Wildlife Refuge, Westmoreland Park, and the Springwater Corridor, all of which reinforce long-term rental demand. The submarket is supported by a robust mix of local restaurants, cafés, and boutique retail, along with convenient transit access via nearby bus lines and the MAX Orange Line, connecting directly to Downtown Portland and major employment centers. Sellwood-Moreland’s combination of limited new supply, strong renter demand, and high barriers to entry makes it one of Portland’s most durable rental locations—particularly for well-posit
Market Context
This multifamily in Portland, OR is listed for sale. It is offered at an approximate 5.4% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Portland, OR — view the full market.
As of Q2 2026, the Portland multifamily market showed a 7.1% vacancy rate, average asking rents near $1750.00/unit/mo, and rents up 15.0% year over year. Source: multiple brokerage reports, Q2 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Multifamily market FAQ
- Is the Portland multifamily market tightening or softening?
- Vacancy is around 7.1%, with asking rents rising year over year (Q2 2026).
Contact
- Aiden Susak · (503) 200-2026 · aiden.susak@marcusmillichap.com
- Georgie Christensen-Riley · (503) 200-2058 · georgie.christensen@marcusmillichap.com
Explore this market
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