$1,430,000

5402 NE 15th Ave Portland, OR 97211

$10,000
Closing credit¹
4,180 sqft
0.2 acres
$342 / sqft
House

Property details

About 5402 NE 15th Ave

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.

Highlights

Home typeOther
HeatingForced Air
StatusActive
Size4,180 sqft
Lot size0.23 Acres
Year built1956
MLS #335293682

Summary

  • Basement: No
  • Flooring Type: Hardwood
  • Attached Garage: No
  • Heating: Forced Air
  • List Price: $1,430,000
  • Price/SqFt: $342
  • Lot: Level
  • Directions: From Killingsworth turn south on 15th Ave, building is on the left
  • Year Built: 1956
  • Stories: 1
  • Living Area: 4,180 SqFt
  • Lot Size: 0.23 Acres
  • MLS Number: 335293682
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Windermere Realty Trust
  • Office Email: moreland@windermere.com
  • Listing Agent: Reuben Schug

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 9:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5402 NE 15th Ave, Portland, OR 97211 - view of patio / terrace with a fire pit

$1,430,000

5402 NE 15th Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

7

Dr. Martin Luther King Jr. Elementary School

Public District PK-5

0.6 mi

4906 NE 6th Ave

10

Sabin Elementary School

Public District KG-5

0.7 mi

4013 NE 18th Ave

7

Woodlawn Elementary School

Public District PK-5

0.9 mi

7200 NE 11th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,587. The most common annual income of people living in Portland, OR is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

53%
<35k
38%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

66%
Single, No Kids
10%
Single, with Kids
12%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
43%
18-34 yrs old
37%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Hiking/backpackingHiking/backpacking
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory
  • ChipotleChipotle

What do the neighbors drive?

  • BMWBMW
  • AudiAudi
  • VolvoVolvo

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5402 NE 15th Ave

The listing price of 5402 NE 15th Ave property is $1,430,000.

The property 5402 NE 15th Ave is a house located in Portland, Oregon, 97211.

Active Listing: 5402 NE 15th Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5402 NE 15th Ave are: Dr. Martin Luther King Jr. Elementary School (GreatSchools Rating 7/10), Sabin Elementary School (GreatSchools Rating 10/10), Woodlawn Elementary School (GreatSchools Rating 7/10), Vernon Elementary School (GreatSchools Rating 8/10), Faubion School (GreatSchools Rating 5/10), Ockley Green Middle School (GreatSchools Rating 6/10), Jefferson High School (GreatSchools Rating 8/10), Alliance High School (GreatSchools Rating 2/10), Grant High School (GreatSchools Rating 8/10).

The property at 5402 NE 15th Ave has 0 bathroom.

The property 5402 NE 15th Ave is 4,180 SqFt (source: MLS/tax record).

The year of construction for 5402 NE 15th Ave is 1956.

This home is located at 5402 NE 15th Ave in Portland, OR and zip code 97211 in the Northeast Portland neighborhood. This 4,180 square foot home, which was built in 1956, sits on a 0.23 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $1,430,000.

In May 2025 more than 441 listings in Portland, OR were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 285 were sold below. The number of listings in Portland, OR increased by 15.4% between April and May 2025. In May 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $549,622.

From Rocket Homes Real Estate and based on county public records data.

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