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Listing provided courtesy of Kelly Right Real Estate of Portland, LLC- MLS# 713931810MLS Provider

4620 N MARYLAND AVEPortland, OR 97217

Multi-Family · 10,596 Sq. ft. | 0.11 Acres
$4,350,000 Active

4620 N MARYLAND AVE Overview

Time on Site:
383 days
Visits:
19

Welcome to Savona Apartments, a 24-unit apartment community ideally situated at 4620 N Maryland Ave in the heart of one of Portland's most dynamic neighborhoods. Built in 2018, Savona Apartments features modern construction and spacious floor plans designed for today's urban lifestyle.This well-maintained property offers a blend of contemporary living and unbeatable location. Residents enjoy direct access to the vibrant Mississippi Avenue district, with its eclectic mix of renowned eateries, craft breweries, boutiques, and a lively arts scene'just steps from your front door. Commuters benefit from immediate access to the I-5 freeway and the MAX light rail, ensuring easy connectivity to downtown Portland and beyond.Additionally, this property has an assumable loan at 3.370% interest until June 2030. Property is fully occupied, please do not disturb tenants.

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4620 N MARYLAND AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 10,596
  • Price/Sq.ft. $411
  • Lot 0.11 Acres

Details

General

School Information

  • Elementary School: Beach
  • Middle Or Junior School: Ockley Green
  • High School: Jefferson

Income/Expenses

  • Gross Income: 446976.0
  • Net Operating Income: 254951.0
  • Operating Expense: 169676.0

Building Information

  • Year Built: 2018

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 141 - Portland North

Community/Development

  • Community Features: All Landscaping

Rent/Lease Information

  • Rent Includes: Heat,Maintenance Grounds,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 51333.04
  • Tax Year: 2025

General Information

  • Listing Terms: Assumable,Call Listing Agent,Cash,Conventional
  • Parcel Number: R210471
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: CM3

Interior

Building Interior

  • Building Area Total: 10596.0

General Information

  • Basement: None
  • Cooling: Mini Split
  • Foundation Details: Slab
  • Heating: Ductless,Wall Furnace
  • Security Features: Fire Sprinkler System
  • Stories: 3

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Features: Cul-de-sac,Level
  • Lot Size Acres: 0.11
  • Lot Size Square Feet: 4791.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Flat

General Information

  • Number Of Units Total: 24
  • Sewer: Public Sewer

4620 N MARYLAND AVE Neighborhood

Community

97217 (Portland) Demographics

37
Median Age
1,915
Population Density (per sq. mile)
62%
College Educated
$88,017
Estimated Median Income
8,644
Estimated Total Home Owners
6,194
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4620 N MARYLAND AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4620 N MARYLAND AVE Market Data

Based on the last 30 days in this zip code

$436,098
Average List Price
$291
Average Price per Square Foot
63
Properties Sold
97
Average Days on Market
234
Properties for Sale
Calculations provided by Reliance Network

4620 N MARYLAND AVE History

Date Event Value Agent
6/11/2025Source: Regional MLS Added to Database
June 11, 2025