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The Edgemont Apartments 11181-11211 NE Weidler St 84 Unit Apartment Building For Sale Portland, OR 97220

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Investment Highlights

  • Value-add opportunity with assumable financing at 3.3%
  • Excellent proximity to employment centers, retail and everyday amenities
  • Well located, market-affordable asset with low property tax basis
  • Above-market rent growth over next 24-36 months

Executive Summary

Northmarq is pleased to present the exclusive opportunity to acquire Edgemont, an 84-unit midcentury gem distinguished by its expansive, beautifully landscaped grounds spanning both sides of the street. This unique configuration creates a welcoming gateway into a well-established midcentury neighborhood of single-family homes to the north. The property’s classic architectural character is enhanced by inviting courtyards, a seasonal swimming pool, a dog run, and abundant surface and street parking. The strong exterior identity carries through to the interiors, reinforcing Edgemont’s timeless appeal.
Edgemont offers a well-balanced unit mix consisting of 9 large studios, 55 one-bedroom units, and 20 two-bedroom units. All residences feature large sliding glass doors that open to private patios or balconies with generous overhangs, allowing residents to enjoy these outdoor spaces year-round.

Data Room Click Here to Access

Property Facts

Sale Type Investment
No. Units 84
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.84 AC
Building Size 84,102 SF
Average Occupancy 98%
No. Stories 2
Year Built 1962
Parking Ratio 1/1,000 SF
Cross Streets ne 112th ave
Zoning R1

Amenities

Unit Amenities

  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Patio

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Pool
  • Car Wash Area
  • Pet Play Area

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 9 - 347 - 370
1+1 55 - 693 - 697
2+1 20 - 882 - 923
Walk Score®
Very Walkable (83)
Bike Score®
Biker's Paradise (94)
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
R178004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,466,420
  • Listing ID: 39628816

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 11181-11211 NE Weidler St, Portland, OR 97220

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