$5424900
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20 Bed
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26 Bath
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13521 SqFt
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1 DOM
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Built: 2025
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Status: Active
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Investor Opportunity – Newly Built 17-Unit Portland Multifamily Portfolio! An exceptional opportunity to acquire a newly constructed 17-unit multifamily portfolio across three high-performing Portland neighborhoods: Cully, Kenton, and St. Johns. Built between 2023 and 2025, each building showcases modern design with high-end finishes, open layouts, and oversized windows that fill the interiors with natural light. The combination of thoughtful design and new construction ensures lasting tenant appeal and minimal ongoing maintenance. Every unit is individually metered, providing simplified management and reduced operating costs. With the majority of units currently leased and income-producing, investors benefit from immediate cash flow and potential for continued rent growth and appreciation across some of Portland’s most stable rental markets. In Cully, residents enjoy easy access to Tamale Boy, Baerlic Brewing, Coffee Beer, and outdoor spaces such as Khunamokwst Park and the Beaumont Village corridor. Kenton offers a close-knit community anchored by Kenton Park and the Denver Avenue retail district, where tenants frequent Po’Shines Café De La Soul, Mayfly Taproom, and Prince Coffee. St. Johns attracts long-term renters with its riverfront charm and vibrant main street featuring Cathedral Park, StormBreaker Brewing, Great North Coffee, and St. Johns Theater & Pub. This portfolio delivers turnkey performance and operational efficiency; the recent construction offers strong tax depreciation benefits and reduced capital expenditure needs. With stable tenancy, desirable locations, and contemporary design, investors gain both dependable returns and long-term upside potential. Whether held as a complete portfolio or considered individually for strategic flexibility, these assets provide scale, stability, and enduring value in three of Portland’s most in-demand rental neighborhoods.
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
General Information
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326159155
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1 DOM
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20
-
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26
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13521
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2025
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CM2
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Multnomah
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New Construction
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Rigler
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Beaumont
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Leodis McDaniel
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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: Nov 10, 2025 08:51 | Listing last modified Nov 07, 2025 11:49,
Source:
Residence Information
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-
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13521
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-
-
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20
-
-
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26
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Composition
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-
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OnStreet
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2
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2025
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No
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CementSiding, LapSiding
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CrawlSpace
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-
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CrawlSpace
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ConcretePerimeter
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Features and Utilities
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MiniSplit
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Electricity
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MiniSplit
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PublicSewer
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Electricity
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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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11-06-2025
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No
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No
Comparable Information
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1
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4
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Cash,Conventional
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$5,424,900
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$5,424,900
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Nov 07, 2025 11:49
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: Nov 10, 2025 08:51 | Listing last modified Nov 07, 2025 11:49.
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.
— 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.
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