$8980900
-
14 Bed
-
15 Bath
-
22556 SqFt
-
4 DOM
-
Built: 2026
-
Status: Active
Love this home?
Rare opportunity to acquire a newly constructed 20-unit multifamily portfolio in NE Portland, delivered as a cohesive, high-quality rental community with a diversified unit mix and phased completion. The portfolio includes twelve attached townhouse-style residences across three fourplex buildings and eight detached cottage homes, offering an uncommon blend of density, privacy, and long-term durability. The unit mix is renter-driven, featuring two and three bedroom residences with two and a half bathrooms throughout, efficient layouts, and strong separation between living and sleeping areas. Each bedroom includes crown molding with integrated built-in lighting, while main living levels feature built-in elements that add architectural interest and durability beyond typical rental construction. Detached cottages command a rental premium due to increased spacing and enhanced landscaping, while attached townhomes offer private entries, fenced outdoor spaces, and end-unit configurations that support tenant retention. One fourplex on NE Stanton is fully completed, vacant, and move-in ready, providing immediate lease-up or income potential, while the remaining two fourplex buildings and cottage homes are under construction, allowing a buyer to step into a partially stabilized asset with a clear path to completion. All residences are built with modern, energy-efficient systems including high-performance windows, efficient heat pump heating and cooling, energy-efficient water heating, and whole-house ERV ventilation to reduce operating costs. Street parking only aligns with neighborhood norms while lowering maintenance obligations. This portfolio outperforms typical townhome rentals through its detached cottage premium, superior interior detailing, private outdoor spaces, and new construction efficiency, supporting stronger rents and long-term asset resilience, with a projected 5.37% cap rate at stabilization.
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
General Information
-
732050211
-
-
4 DOM
-
14
-
0.58 acres
-
15
-
22556
-
2026
-
R2.5
-
Multnomah
-
New Construction
-
Rose City Park
-
Roseway Heights
-
Leodis McDaniel
-
MultiFamily
-
-
TBD
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
PDXA1 Realty Group data last checked: Feb 25, 2026 11:46 | Listing last modified Feb 13, 2026 15:49,
Source:
Residence Information
-
-
-
-
22556
-
-
-
-
14
-
-
-
15
-
Composition
-
-
-
OnStreet
-
2
-
2026
-
No
-
-
CementSiding, LapSiding
-
CrawlSpace
-
-
-
CrawlSpace
-
ConcretePerimeter
-
-
Features and Utilities
-
-
-
-
-
-
HeatPump, MiniSplit
-
Electricity
-
MiniSplit
-
PublicSewer
-
Electricity
-
Electricity
Financial
-
0
-
-
None
-
-
-
Cash,Conventional
-
02-09-2026
-
-
No
-
No
Comparable Information
-
-
4
-
16
-
-
Cash,Conventional
-
$8,980,900
-
$8,980,900
-
-
Feb 13, 2026 15:49
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: Feb 25, 2026 11:46 | Listing last modified Feb 13, 2026 15:49.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Similar Properties
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.
— Jagathishp
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.
— Vignesh Chan
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.
— Ramren Garajan
Thinking about buying or selling. Let’s Talk.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
© PDXA1 Realty Group | Powered by Taigha