Northwest Legacy Portfolio

182 Units Across Seven Properties in Northwest Portland

Download the Offering Memorandum

Portfolio Summary

For the first time in generations, an opportunity to acquire a rare portfolio of beautiful, historic apartment buildings in Portland’s premier neighborhood is being made available. Constructed in the early 1900s, these properties showcase the distinctive vintage charm that defines Portland’s architectural history, with 182 total units all within a half mile of each other. Featuring timeless details such as built-in cabinets, retro tiled kitchens, and original hardwoods, the portfolio offers investors a rare opportunity to own a piece of Portland’s heritage. Each property is meticulously maintained to preserve its historic finishes and is located near an abundance of modern conveniences. 

Positioned in the vibrant Northwest District, residents enjoy proximity to local shopping, dining, and entertainment, as well as easy access to premier city landmarks like Forest Park, Providence Park, and Portland State University. The properties are well-served by TriMet public transportation, ensuring seamless connectivity to the rest of the city, making this portfolio a prime investment in one of Portland’s most desirable areas.

The Properties

The Adelle

25 Units · 761 SW Vista Avenue, Portland, OR 97205

The Fordham

44 Units · 742 SW Vista Avenue, Portland, OR 97205

The Benson

24 Units · 915 NW 20th Avenue, Portland, OR 97209

Kearney Duplex

2 Units · 2023 NW Kearney Street, Portland, OR 97209

The Charmain

23 Units · 805 SW Vista Avenue, Portland, OR 97205

The Flanders

31 Units · 2030 NW Flanders Street, Portland, OR 97209

The Chesterbury

33 Units · 2015 NW Kearney Street, Portland, OR 97209

Location

Location Overview

Northwest Portland

Northwest Legacy Portfolio Chart of Properties

Offering Incredible Connectivity to Urban Core & Major Employers

Northwest Portland is a vibrant and diverse area in central Portland, comprising the highly sought-after neighborhoods of the Northwest District and Goose Hollow. Known for their historic charm and modern conveniences, these neighborhoods are among the most desirable places to live in the city. With both areas centrally located near major employers and transportation hubs, Northwest Portland offers residents the perfect balance of work and leisure.

The Northwest District, a historic and upscale neighborhood, is home to the bustling NW 23rd Avenue, where high-end boutiques, trendy cafes, and renowned restaurants line the streets. Renters are drawn to the area’s walkability, Victorian mansions, and proximity to Legacy Good Samaritan Medical Center, a major employer in the region. The district’s vibrant retail and social scene, combined with its rich historical charm, make it an attractive destination for Portland renters. Goose Hollow, located just west of Downtown, is another key neighborhood in Northwest Portland that offers renters close proximity to some of the city’s most iconic amenities, including Washington Park, Providence Park Stadium, and Portland State University. The neighborhood is well-connected via the Blue and Red MAX lines, offering effortless travel throughout the metro area. Goose Hollow is also known for its excellent schools, such as Lincoln High School, which consistently ranks above the state average in academic performance. With its historic landmarks and premier location near Portland’s business district, Goose Hollow provides a unique living experience that appeals to both families and young professionals.

Our Team

Lee Fehrenbacher
Lee Fehrenbacher
Senior Broker
HFO Investment Real Estate | a Member of GREA
(971) 717-6346
Gregory Frick
Gregory Frick
Partner
HFO Investment Real Estate | a Member of GREA
(971) 717-6332
Rob Marton

Rob Marton

Partner
HFO Investment Real Estate | a Member of GREA
(971) 717-6335
Tyler Johnson

Tyler Johnson

Partner
GREA
(971) 717-6336