Property Information

Milepost 5

Location: Portland, Oregon
Property Type: Artists
Units: 95
Financing: 4% Low Income Housing Tax Credits and Tax Exempt Bond Financing

Property Information

Milepost 5, also known as Milepost 5 Artists Studios, is the acquisition and rehabilitation of an existing 3-story building, consisting of 95 affordable units, including single-room occupancies, studios, one and two bedroom units. The property serves the artists community and is located in Portland, Oregon within the Montavilla neighborhood. Gallery spaces, a small theater, artist workshop, common kitchens and bathroom, and a dining hall are some amenities offered in this building. This building will benefit from a rehabilitation including: new interior paint, new flooring at select units, window repair, brick repair and cleaning, and common area updates including kitchen and bathroom updates.

Address

850 NE 81st Avenue
Portland, OR 97213

Leasing Information

(503) 333-3331