Save to Favorites
Print
Share
PRICE $3,280,000 dsIDX morgage calculator
BEDS 2
BATHS 3
HOME SIZE n/a
LOT SIZE 4,356 sqft

A new-construction investment opportunity in one of Northeast Portland's most desirable rental corridors, this 2026-built eight-plex sits just blocks from Alberta Park, Woodlawn City Park, and Ainsworth "” an A+ location that consistently draws strong tenant demand. All eight units are three-level townhomes with two bedrooms and two and a half bathrooms. Interiors are finished to a high standard throughout. Kitchens feature premium appliances, tasteful tile work, and modern cabinetry, while bathrooms carry through with clean, well-considered design. LVP flooring runs throughout the living spaces, and tall ceilings paired with generous windows make each unit feel open, light-filled, and private. The result is a turnkey product that should command strong market rents and minimize early-years maintenance and capital expense. The corner-lot positioning is a meaningful advantage, allowing each unit to have its own private deck or yard space "” a feature that supports tenant retention and helps the property stand out among nearby rentals. For investors looking to add a low-maintenance, new-construction asset to a Portland rental portfolio, this eight-plex offers a strong combination of location, quality, and design. Call to arrange a private tour or request additional financials.

LAST UPDATED 6/8/2026 YEAR BUILT 2026
COMMUNITY _142 COUNTY Multnomah
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School MartinL King Jr
Jr. High School Harriet Tubman
High School Jefferson


ADDITIONAL DETAILS
AIR CONDITIONING Yes
AREA _142
BASEMENT Crawl Space
LOT 4356 sq ft
LOT DESCRIPTION Corner Lot, Level
LOT DIMENSIONS 47.82X100
PARKING On Street
SEWER Public Sewer
STORIES 3
TAXES 1742.26
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 5587 NE 7TH AVE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Heather DeFord to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by Keller Williams Realty Portland Premiere, 503-704-0919
All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 6/10/26 12:37 AM PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. All real estate listings are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers.

Listing content is © 2026 RMLS™, Portland, Oregon.

rmls-idx-logo

This IDX solution is (c) Diverse Solutions 2026.