7262 SW 1st AVE, Portland, OR 97219
- $2,059,900
- 5,080
- SqFt
- List Price
- $2,059,900
- Days on Market
- 0
- MLS#
- 721738351
- Property Type
- Multifamily
- Sqft. of Residence
- 5,080
- Lot Size
- 7, 000 to 9, 999 SqFt
- Region
- Portland NW/ SW/ S, Raleigh Hills
- Status
- ACTIVE
Property Description
Four brand new South Portland residences across two matching buildings create a rare opportunity to acquire an entire new construction rental portfolio in one location. With four separate 3 bedroom, 3 full bathroom homes, the property offers multiple investment strategies: lease all four for diversified rental income, occupy one residence while renting the remaining three to help offset ownership costs, or create a flexible combination of personal use and long term rentals. Each home features a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel Whirlpool appliances, black fixtures and detailed millwork give each residence a polished, consistent finish. The 7250/7252 building offers dedicated driveways for off street parking, while 7260/7262 feature larger fenced yards with lawn space. All four homes include covered patios, private outdoor areas, minisplit heating and cooling, individual laundry areas and separate street addresses. No HoA or monthly association dues helps keep the ownership structure straightforward. Located in South Portland near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. 2-10 Builder Warranty coverage is included at closing.
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Additional Information
- Year Built
- 2026
- High School
- Ida B Wells
- Elementary School
- Rieke
- Middle School
- Robert Gray
- Acres
- 0.19
- Living Area
- 5,080
- Stories
- 2
- Subdivision
- SOUTH PORTLAND
- Lot Size Dimension
- Irregular
- Terms
- Cash, Conventional, FHA, VA Loan
- Cooling Description
- Heat Pump, Mini Split
- Fuel Description
- Electricity
- Heating Description
- Heat Pump, Mini Split
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Cement Siding, Lap Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Parking
- Off Street, On Street
- Parking Description
- Off Street, On Street
- Road Surface
- Gravel
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 3
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 2995
- Unit Type One Sq Ft
- 1270
- Unit Type One Units Total
- 4
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Listing courtesy of Keller Williams Realty Portland Premiere.
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