$1999900
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5 Bed
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6 Bath
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5307 SqFt
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10 DOM
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Built: 2026
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Status: Active
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Ashcreek-Crestwood 5-unit townhouse community offering a compelling small scale investment opportunity in Southwest Portland. The property consists of five townhouse style homes with a diversified unit mix of three 3 bedroom residences and two 2 bedroom residences, all configured with two and a half bathrooms. Each home features a functional layout with well separated living and sleeping areas, a main level half bath, upper level laundry, and fenced deck space, supporting long term tenant comfort and retention. All homes are currently vacant and move in ready, providing immediate lease up flexibility. Built by a respected local boutique builder known for efficient use of space and high end finishes, the homes include extensive custom cabinetry, solid surface countertops, stainless steel appliances, kitchen islands with eat bars, and energy efficient mini split systems providing year round heating and cooling. Spacious primary bedrooms with private bathrooms enhance livability, while the additional bedrooms in the 3 bedroom units broaden tenant appeal for households needing flexible space for remote work or shared living. Each unit is individually metered within a condominium structure, creating flexibility for phased sales, 1031 exchange strategies, or long term hold. The townhouse style configuration with private entries and outdoor decks provides a competitive advantage over traditional stacked apartment product and supports strong tenant retention. Located in the desirable Ashcreek-Crestwood neighborhood, the asset is 1.5 miles to Multnomah Village dining and retail, 0.7 miles to Gabriel Park with trails and open green space, 0.5 miles to Barbur Blvd, and 1.2 miles to I-5 for convenient regional access. Rental income and expense figures are approximated. Buyer to perform all due diligence regarding projected rental cash flow and investment performance.
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
General Information
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604944827
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10 DOM
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5
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4791.6 SqFt
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6
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5307
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2026
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RM1
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Multnomah
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New Construction
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Markham
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Jackson
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Ida B Wells
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MultiFamily
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TBD
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
PDXA1 Realty Group data last checked: Mar 11, 2026 00:18 | Listing last modified Feb 26, 2026 13:49,
Source:
Residence Information
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-
-
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5307
-
-
-
-
5
-
-
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6
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Composition
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-
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OnStreet
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2
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2026
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No
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CementSiding, LapSiding, Panel
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CrawlSpace
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-
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CrawlSpace
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ConcretePerimeter,St
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Features and Utilities
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HeatPump, MiniSplit
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Electricity, Tank
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MiniSplit
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PublicSewer
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Electricity, Tank
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Electricity
Financial
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0
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None
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-
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Cash,Conventional
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02-16-2026
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No
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No
Comparable Information
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10
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23
-
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Cash,Conventional
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$1,999,900
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$1,999,900
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-
Feb 26, 2026 13:49
Schools
Map
Listing courtesy of Keller Williams Realty Portland Premiere.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Mar 11, 2026 00:18 | Listing last modified Feb 26, 2026 13:49.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
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Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
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Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
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