Sellwood Multifamily Portfolio : 58 units
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Enclave 54
Residential Units: 28
Inclusionary Housing: 60% MFI Rents
Year Built: 2020
Studio Pointe
Residential Units: 30
Inclusionary Housing: 60% MFI Rents
Year Built: 2020
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Enclave 54
List Price: $3,500,000
Price per Unit: $125,000
2025 Max Allowable Rent: $1,239
Studio Pointe
List Price: $4,000,000
Price per Unit: $129,032
2025 Max Allowable Rent: $1,239
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FOR SALE
Accepting Offers
Lead Advisor:
Enclave 54 - 5434 SE Milwaukie Avenue | Portland, OR 97210
Studio Pointe - 5605 SE Milwaukie Avenue | Portland, OR 97210
We are pleased to present an exciting portfolio acquisition opportunity in Portland, Oregon—two stabilized, well-located studio communities just blocks apart on SE Milwaukie Avenue:
Enclave 54 – 5434 SE Milwaukie Ave
28 studio units | 222 SF avg.
All utilities included
In-unit W/D hookups, AC
Retail/additional unit potential
2025 max rent: $1,239/mo
Studio Pointe – 5605 SE Milwaukie Ave
31 studio units | 237 SF avg.
On-site management office
Rentable storage, bike parking
All utilities included
2025 max rent: $1,239/mo
Both assets offer high-speed internet, strong tenant demand, and stable income at a $2.15/SF rent rate—in alignment with 60% MFI thresholds. Located just minutes from downtown Portland, this portfolio is ideal for investors seeking reliable performance with affordable housing appeal.
CPI-tied rent increases offer annual growth potential.
View the full details & financials below!
