Portland · Commercial sale
VA9 Cyan buys 1700 SW 4th Ave in Portland for $61 million
An apartment tower at 1700 SW 4th Ave, Portland sold for $61,000,000 on August 27, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $61,000,000
- Sold
- August 27, 2026
- Property type
- Apartment tower
- Building area
- 297,636 sq ft
- Price per sq ft
- $205
- Year built
- 2009
An apartment tower at 1700 SW 4th Ave in Portland sold for $61,000,000 on August 27, 2026, according to the Multnomah County Assessor's sales records. The price is 40% below the market value on record of $102,163,750.
VA9 Cyan LLC purchased the property, which the Assessor's records show contains 297,636 square feet of building area on a 1.06-acre lot. At that size, the price works out to $205 per square foot.
The building was constructed in 2009, according to the Assessor's records.
What this sale costs to close
What does closing cost at this price? Under Multnomah County custom the seller's larger charges are $111,000 for the owner's title insurance policy and $650 for the escrow fee. The seller's estimated net is $60,801,052 before brokerage commissions and any loan payoff. A cash buyer would need about $60,913,508 at closing.
Source: Multnomah County Assessor, via PortlandMaps taxlots, document R272207-20260827. Property details: Multnomah County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
