The owner of Mt Tabor Villas at 475 NE 74th Avenue recently listed the twelve-unit apartment building for sale. Completed in September 2020, the three-story multifamily structure was briefly the tallest building in the vicinity before the affordable housing complex under construction across the street topped out.

Since the Mt Tabor Villas completed construction behind the Candle Light Restaurant on NE Glisan Street, developers have built four townhomes to the south and seven townhomes to the west, replacing single-family residences. This apartment building, with many high-end finishes, once looked out of place on the block but now matches the growing density of the area. Property owner John Olson took over this development from another group that had started the project but failed to break ground. Progress on the project stalled after the city approved building permits, and Olson was able to purchase the property and plans.

Without the ability to significantly alter the project from the approved plans, Olson opted to improve the finished product with quality materials and fixtures. Wide door molding and base trim outline the rooms throughout the apartment. Bathroom vanities with linear tile mosaic backsplashes are wall-hung, allowing a continuous tile floor. Kitchens feature stainless steel appliances and subway tile extending from countertop to cabinetry. No carpet is installed anywhere in the building. Instead, Olson selected woodgrain composite planks. The aesthetically pleasing and durable material prevents most tenants from incurring cleaning charges after moving out.

The apartment building does not offer onsite parking, and 74th Avenue has limited parking on one side of the street. Many of the newer buildings on the block rely on on-street parking, further limiting availability. However, the complex across the street has a garage, and this building is well-situated for bus and bike commuters. The TriMet 19 bus line runs along Glisan with stops nearby. A secure bike room on the first floor has direct outside access to the side yard, where bike commuters can safely enter the building away from the street. A second door from the bike room leads into the interior hallway.

Each apartment has in-unit laundry facilities, and some residences have full laundry rooms. During the day, natural light illuminates the stairwell and the upper floor’s hallways, allowing residents to avoid the claustrophobic feelings people may feel when accessing their units from fully interior hallways.

Marcus & Millichap currently lists the building at $3,410,000 with a per-unit apartment value of $284,167. The 10,211-square-foot building offers two one-bedroom units and ten two-bedroom apartments.