7262 SW 1st AVE Portland, OR 97219
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Price:
$2,059,900
Units:
4
Acres:
0.19
Unit 1:
3 Bed 3.0 Bath $2,995/mo
Features: Air Conditioning, Dishwasher, Range, Washer/Dryer Hookup
Unit 2:
3 Bed 3.0 Bath $2,995/mo
Features: Air Conditioning, Dishwasher, Range, Washer/Dryer Hookup
Unit 3:
3 Bed 3.0 Bath $2,995/mo
Features: Air Conditioning, Dishwasher, Range, Washer/Dryer Hookup
Unit 4:
3 Bed 3.0 Bath $2,995/mo
Features: Air Conditioning, Dishwasher, Range, Washer/Dryer Hookup
MLS#:
721738351
Lot Size:
7,000 to 9,999 SqFt
Type:
Multi
Zone:
R5
Yr Built:
2026
Taxe/yr:
$0.00
County:
Multnomah
Status:
Active
Levels:
2
Heat:
Heat Pump, Mini Split
Nhood/Bldg:
SOUTH PORTLAND
View:
Trees/Woods
Elem:
Rieke
Middle:
Robert Gray
High:
Ida B Wells
Lot Desc:
Level, Public Road
Area:
Portland NW/ SW/ S, Raleigh Hills
Courtesy of:
Keller Williams Realty Portland Premiere
Remarks:
Four brand new South Portland residences across two matching buildings create a rare opportunity to acquire an entire new construction rental portfolio in one location. With four separate 3 bedroom, 3 full bathroom homes, the property offers multiple investment strategies: lease all four for diversified rental income, occupy one residence while renting the remaining three to help offset ownership costs, or create a flexible combination of personal use and long term rentals. Each home features a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel Whirlpool appliances, black fixtures and detailed millwork give each residence a polished, consistent finish. The 7250/7252 building offers dedicated driveways for off street parking, while 7260/7262 feature larger fenced yards with lawn space. All four homes include covered patios, private outdoor areas, minisplit heating and cooling, individual laundry areas and separate street addresses. No HoA or monthly association dues helps keep the ownership structure straightforward. Located in South Portland near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. 2-10 Builder Warranty coverage is included at closing.
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