$1699950
-
3 Bed
-
2 Bath
-
4074 SqFt
-
1 DOM
-
Built: 2025
-
Status: Active
Open House
Love this home?
Turnkey New Construction Investment Opportunity – Earth Advantage Platinum | SE Portland. Rare opportunity to acquire a high-performance, design-forward rental asset in the heart of Foster-Powell. Boise Cottages features all-electric, Earth Advantage Platinum certified homes (HES 10, Net Zero Ready, Solar Ready) designed for long-term durability, low operating costs and strong tenant appeal. Each detached residence offers 1,359 sq ft with 3 bedrooms + loft/office and 2 full baths—an ideal layout for today’s renters seeking flexible living and remote work space. Premium finishes include Bosch appliances, induction cooktop, quartz countertops and modern cabinetry. Private outdoor spaces, dedicated yards and a shared courtyard enhance livability and leasing appeal. Built with high-performance windows, heat pump HVAC, energy-efficient systems, advanced air sealing and whole-house ERV ventilation—supporting reduced utility costs, improved tenant retention and minimized capital expenditures. Detached cottage configuration provides a competitive advantage over traditional townhomes, offering privacy and design differentiation in a supply-constrained submarket. Street parking only aligns with neighborhood norms while lowering maintenance obligations. This turnkey portfolio supports multiple strategies including long or mid-term hold or alternative rental approaches such as furnished or Padsplit, subject to buyer verification. Strong location with Walk Score 90 and Bike Score 99, minutes to shops, theater, Carts on Foster, Kern Park, pubs and transit. Pro forma rents estimated at $2,700–$3,000/unit (used $2,850 avg). Estimated NOI $71K with cap rate 4.18% and upside to 4.5% at stabilization. 15-year new construction rent control exemption. Portfolio opportunity available (3 units) 5488/5486/5484 SE Boise St. Buyer to perform all due diligence regarding rental income and financial performance. Open Houses Saturday and Sunday 12-4pm, or by appointment. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232519]
Listing Provided Courtesy of Kelly Asmus, Berkshire Hathaway HomeServices NW Real Estate
General Information
-
257798204
-
-
1 DOM
-
3
-
-
2
-
4074
-
2025
-
R5
-
Multnomah
-
New Construction
-
Creston
-
Kellogg
-
Franklin
-
MultiFamily
-
-
To be determined. New construction
Listing Provided Courtesy of Kelly Asmus, Berkshire Hathaway HomeServices NW Real Estate
PDXA1 Realty Group data last checked: Mar 25, 2026 05:37 | Listing last modified Mar 24, 2026 15:44,
Source:
Open House
-
Sat, Mar 28th, 12PM to 4PM
Sun, Mar 29th, 12PM to 4PM
Residence Information
-
-
-
-
4074
-
-
-
-
3
-
-
-
2
-
Composition
-
-
-
OnStreet
-
2
-
2025
-
Yes
-
AddedWallInsulation,DoublePaneWindows,ENERGYSTARQualifiedAppliances,HeatPump,SolarReady
-
CementSiding
-
None
-
-
-
None
-
Slab
-
-
Features and Utilities
-
-
-
-
-
-
HeatPump
-
Electricity, ENERGYSTARQualifie
-
HeatPump
-
PublicSewer
-
Electricity, ENERGYSTARQualifiedEquipment
-
Electricity
Financial
-
1
-
-
None
-
-
-
Cash,Conventional,FHA,VALoan
-
03-24-2026
-
-
No
-
No
Comparable Information
-
-
1
-
1
-
-
Cash,Conventional,FHA,VALoan
-
$1,699,950
-
$1,699,950
-
-
Mar 24, 2026 15:44
Schools
Map
Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.
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 25, 2026 05:37 | Listing last modified Mar 24, 2026 15:44.
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