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Brooklyn Yard 4780 SE Milwaukie Ave 46 Unit Apartment Building $12,487,040 CAD ($271,457 CAD/Unit) 5.59% Cap Rate Portland, OR 97202

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EXECUTIVE SUMMARY

HFO is pleased to present Brooklyn Yard, a 46-unit, elevator-served
community that features a diverse mix of studios, one-bedroom,
and two-bedroom residences with modern floorplans. Each home
is thoughtfully appointed with in-unit laundry, LVT flooring, and
contemporary finishes, while residents also benefit from reserved
garage parking. Brooklyn Yard features an on-site leasing office,
garage parking, storage units, and bicycle storage. Adding to its
appeal, the property includes ground-floor retail spaces that house
local favorites such as Coco Donuts, enhancing both convenience
and neighborhood character.
Completed in 2016, Brooklyn Yard is a LEED Platinum-certified
community located in Portland’s highly desirable Brooklyn
neighborhood. Its location provides immediate access to the MAX
light rail, major bike corridors, and prominent employment centers,
making it especially attractive to renters who value both urban
connectivity and sustainable living.
Brooklyn Yard offers investors a compelling opportunity for income
growth through measured rent increases and continued leasing
momentum. With limited new supply in the submarket and enduring
demand drivers in Southeast Portland, the property is well situated to
deliver long-term performance and value appreciation.

PROPERTY FACTS

Price $12,487,040 CAD
Price Per Unit $271,457 CAD
Sale Type Investment
Cap Rate 5.59%
No. Units 46
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.33 AC
Building Size 29,650 SF
No. Stories 4
Year Built 2016
Parking Ratio 0.44/1,000 SF
Zoning CG

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Stainless Steel Appliances
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • 24 Hour Access
  • Clubhouse
  • Courtyard
  • On-Site Retail
  • Bicycle Storage
  • Elevator
  • Lounge
  • Online Services
  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 10 - 489
1+1 28 - 557 - 779
2+1 8 - 763 - 936
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R658025
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,267,107 CAD
  • Listing ID: 38144492

  • Date on Market: 2025-10-20

  • Last Updated:

  • Address: 4780 SE Milwaukie Ave, Portland, OR 97202

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