Map of Property

Melissa Anne Apartments

For Sale

7606-7720 E. Burnside Street, Portland, OR 97215

This Portland property for sale is located at 7606-7720 E. Burnside Street. The current listed sale price for Melissa Anne Apartments is $2,850,000.

Contacts

Rob Marton

HFO Investment Real Estate | a Member of GREA

Cody Hagerman

HFO Investment Real Estate | a Member of GREA

Gregory Frick

HFO Investment Real Estate | a Member of GREA

Tyler Johnson

GREA

Property Details

  • Property Type Other
  • Year Built 1961
  • Date Updated May 30, 2026

HFO Investment Real Estate is pleased to present Melissa Anne Apartments, a stabilized, well-maintained 22-unit multifamily community located at the foot of Mt. Tabor in Portland’s established Montavilla neighborhood. Built in 1961 and offering a functional 1BR/2BR unit mix with seasonal pool, on-site laundry, off-street parking, and on-site management, the property fronts East Burnside with Frequent Service transit connections to downtown Portland and immediate access to Mt. Tabor Park and the walkable SE Stark retail corridor. In-place rents sit materially below comparable 1961-1976 vintage assets in the immediate submarket, providing a clean, executable loss-to-lease business plan meaningful organic rent growth available at natural turnover with no capital-intensive renovation program required. At 22 units, Melissa Anne offers the rare combination of scale, manageability, and embedded upside that appeals equally to private local investors and 1031 exchange buyers seeking a stable Portland multifamily asset in a supply-constrained, infill submarket.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 84/100

    Walk Score ®

  • 56/100

    Transit Score ®

  • 99/100

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Location

  • City Portland, OR
  • Zip Code 97215

Points of Interest

  • Southeast Main Street

    1.11 miles

  • Southeast Powell Boulevard

    2.05 miles

  • Southeast Holgate Boulevard

    2.34 miles

  • Lents Town Center/Southeast Foster Road

    3.03 miles

  • Northeast 7th & Holladay

    3.66 miles

  • Northeast Grand & Hoyt

    3.73 miles

  • Northeast Grand & Multnomah

    3.77 miles

  • Northeast Martin Luther King & Hoyt

    3.79 miles

  • Northeast Weidler & Grand

    3.79 miles

  • Southeast Martin Luther King & Taylor

    3.82 miles

  • Chevron

    0.21 miles

  • Electrify America

    0.65 miles

  • 76

    0.91 miles

  • Shell

    1.00 miles

  • Fred Meyer

    1.05 miles

  • Blink

    1.32 miles

  • Arco

    1.46 miles

  • PGE Electric Avenue Eastport Plaza

    2.07 miles

  • EVgo

    2.51 miles

  • ChargePoint

    3.69 miles

  • Grace Baptist Church Parking

    0.09 miles

  • The Columba Center

    0.25 miles

  • Vestal Elementary Guest Parking

    0.26 miles

  • Slavic Church Parking/PCC Southeast Overflow Parking

    1.02 miles

  • Lot B

    1.05 miles

  • Lot C

    1.07 miles

  • SE Main St

    1.09 miles

  • Lot D

    1.11 miles

  • Lot A

    1.13 miles

  • Lot F

    1.14 miles

  • Comfort Inn & Suites

    0.75 miles

  • Motel 6

    0.80 miles

  • Portland Value Inn & Suites

    0.89 miles

  • Chesnut Tree Inn

    0.99 miles

  • Ramada

    1.04 miles

  • Montavilla Motel

    1.08 miles

  • Aaron Motel

    1.39 miles

  • Unicorn Motel

    1.59 miles

  • Best Value Motel

    1.70 miles

  • Briarwood Suites

    1.77 miles

  • Hồng Phát Food Center

    0.19 miles

  • La Bouffe International Gourmet

    0.27 miles

  • Fred Meyer

    0.66 miles

  • Pacific Market

    0.94 miles

  • Portland Closeout

    1.05 miles

  • QFC

    1.09 miles

  • Target

    1.16 miles

  • Ross

    1.27 miles

  • Chang Fa Supermarket

    1.30 miles

  • Tin Seng Trading

    1.31 miles

Contact Melissa Anne Apartments
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