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Milepost 5 Lofts

Milepost 5 Lofts

Milepost 5 Lofts
Condominium Building
900 NE 81st Ave
Portland, OR 97213-6966
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

54 Units
4 Stories
1969 Year Built
$171K - $331K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • The community has rules related to allowing live work
  • Elevator
  • Tandem Parking
  • Resident Manager or Management On Site
  • Laundry Facilities
  • 4 min walk to Montavilla City Park

Creative Community in the Heart of Montavilla

Milepost 5 Lofts, a four-story building constructed in 1969, is located in the vibrant Montavilla neighborhood of East Portland. This condominium complex comprises 54 units and is known for its unique blend of residential and creative spaces. The building fosters a community atmosphere, making it an ideal place for artists, entrepreneurs, and those seeking a dynamic living environment.

Versatile Studios and One-Bedroom Units

Milepost 5 Lofts offers a range of studio and one-bedroom layouts, catering to various needs and preferences. Studio units range from 439 to 791 square feet, featuring one bathroom and prices from $170,000 to $991,727.75. These units are designed with high ceilings, expansive windows, and modern finishes, creating an open and airy atmosphere. Many studios include updated kitchens with stainless steel appliances, wood counters, and cork floors, providing a contemporary feel. One-bedroom units range from 477 to 825 square feet, with one to one and a half bathrooms, and are priced around $280,000. These units often feature bamboo wood floors, renovated kitchens, and large windows that offer views of the surrounding green areas and sunsets. The combination of natural light and modern design elements makes these units both functional and aesthetically pleasing.

Community-Focused Amenities and Services

Residents of Milepost 5 Lofts enjoy a variety of shared amenities that enhance their living experience. The building features a shared rooftop deck, providing a space for relaxation and socializing while offering eye-catching views of the city. Deeded storage spaces and secure bike parking are available, ensuring convenience and security for residents. The community garden allows residents to engage in gardening activities and enjoy the outdoors. Laundry facilities are located within the building, adding to the convenience. The building also includes an elevator, making it accessible for all residents.

Vibrant Montavilla Neighborhood

Montavilla, once known as Mount Tabor Village, has evolved from a small farming area into a bustling East Portland neighborhood. The area is characterized by its friendly community and diverse amenities. SE Stark Street, Glisan Street, and 82nd Street are major commercial thoroughfares that offer a variety of unique establishments. Residents can enjoy dining at local favorites like East Glisan Pizza and Futura Coffee, or explore the vibrant culinary scene with options like Ya Hala, a Lebanese eatery, and Yaowarat, inspired by Bangkok's Chinatown. The neighborhood also boasts several parks, including Montavilla Park, which features walking trails, sports fields, and a community center with indoor and outdoor pools. The Montavilla Community Center, located just across the boulevard from Milepost 5 Lofts, offers additional recreational opportunities. For shopping, residents have access to nearby stores like Fred Meyer and Hong Phat Food Center, as well as the year-round Montavilla Farmer's Market. The neighborhood's proximity to Mount Tabor Park, a 191-acre space built on an extinct volcano, provides residents with scenic views and outdoor activities.

Convenient Transportation Options

Milepost 5 Lofts is well-connected to various transportation options, making it easy for residents to navigate the city. The building is located near several bus stops, including NE 82nd & Holladay, NE 81st & Clackamas, and NE Glisan & 80th, which serve transit lines like Killingsworth/82nd Ave, Broadway/Halsey, and Woodstock/Glisan. The nearby MAX Light Rail stations, such as NE 82nd, E 102nd, and SE Main Street, provide access to the MAX Blue, Green, and Red Lines, offering convenient connections to downtown Portland and other key areas. For those who prefer to drive, the building is conveniently bounded by Interstate 84 and Interstate 205, facilitating easy travel to various destinations. Portland International Airport is approximately 5 miles away, providing quick access for those who travel frequently. The neighborhood's walkability and bike-friendly infrastructure further enhance the convenience of living at Milepost 5 Lofts.

Building Details

Outdoor Features

  • Common Area

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Resident Manager or Management On Site

Parking

  • Tandem Parking
  • On-Street Parking

Condo Association

  • $412 Monthly HOA Fees
  • Monthly HOA Fees Range from $247 - $412
  • Lofts At Milepost Condominiums Association, Phone Number (503) 598-0552
  • On-Site Maintenance
  • The community has rules related to allowing live work
  • Smoking Allowed in Building

Building Design

  • Fire Sprinkler System
  • Elevator

Activity

Views

11

Unit Information

Unit
104
209
307
Date
06/16/2025
04/17/2025
11/25/2024
Beds
Studio
Studio
Studio
Baths
1 Bath
1 Bath
1 Bath
Sq Ft
466
599
442
Price
$184,900
$159,000
$185,000
Price / Sq Ft
$397 / Sq Ft
$265 / Sq Ft
$419 / Sq Ft

Unit Size and Value Ranges

Studio Units
Sq Ft Range
439 - 857
Est. Values
$171,474 - $330,969
1 Bedroom Units
Sq Ft Range
477 - 825
Est. Values
$187,384 - $287,565

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Biker's Paradise

Bike Score®

97 / 100

Very Walkable

Walk Score®

84 / 100

Excellent Transit

Transit Score®

71 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

68 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$92.8K - $158K
Range of Taxes in Building
$2,458 - $4,185
Range of Taxes per Sq Ft
$4.03 - $5.74

Property Tax History

Source: Public Records

Building Website

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.