$2,150,000
NEW CONSTRUCTION $280K PRICE DROP

Estimated payment $13,922/month

Total Views 4,326
12 Beds
12 Baths
6,121 Sq Ft
$351 Price per Sq Ft

Highlights

  • New Construction
  • View of Trees or Woods
  • Level Lot
  • U.S. Grant High School Rated A
  • Cooling Available
  • Heat Pump System

About This Home

This meticulously maintained 6-plex offers a fantastic investment opportunity in an unbeatable location, just 0.3 miles from vibrant coffee shops, grocery stores, restaurants, and parks. With an impressive 89 BikeScore and easy access to I-84, tenants will enjoy the best of both convenience and connectivity. Each unit features spacious 2-bedroom, 2-bathroom layouts with open-concept floor plans that are flooded with natural light. Expansive windows and soaring ceilings create an airy, modern living space that is perfect for today's lifestyle. The generously sized living rooms flow effortlessly into the sleek kitchens, which showcase warm cabinetry, stainless steel appliances, and tasteful tile accents. A full bathroom with a walk-in shower is conveniently located on the main floor. Upstairs, both bedrooms offer plenty of space and are complemented by a charming bathroom with a luxurious soaking tub. Each unit includes a private, fenced yard space—ideal for outdoor enjoyment or relaxation. With a 1-year builder warranty in place, you can have peace of mind. Whether you're looking to expand your portfolio or secure a long-term, low-maintenance rental property, this 6-plex offers an exceptional combination of location, quality, and rental appeal. Don't miss this rare opportunity!

Listing Agent

Darryl Bodle

Keller Williams Realty Portland Premiere Brokerage Phone: 503-709-4632 License #199910100 Listed on: 11/07/2024

Keller Williams Realty Portland Premiere

Co-Listing Agent

Kelly Christian

Keller Williams Realty Portland Premiere Brokerage Phone: 503-709-4632 License #201231606

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 117.5' x 46'
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,121 Sq Ft Home
  • 2-Story Property
  • Views of Woods

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Schools

  • Laurelhurst Elementary And Middle School
  • Grant High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number New Construction

Community Details

Overview

  • 6 Units
  • Hollywood Subdivision

Building Details

  • Operating Expense $41,440
  • Gross Income $163,493
  • Net Operating Income $122,053

Property Details

Home Type

Multi-Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2024
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Open House: No
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 12
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter, Slab
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Laurelhurst
  • High School: Grant
  • Middle Or Junior School: Laurelhurst

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.12
  • Lot Size: 117.5' x 46'
  • Lot Size Sq Ft: 5227.0
  • Parcel #: New Construction

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 13.15
  • Annual Gross Income: 163493.0
  • Property Net Operating Income: 122053.0
  • Annual Operating Expense: 41440.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Price Changed $2,150,000 0.0% $351 / Sq Ft
08/07/2025 08/07/25 For Sale $2,150,000 -0.5% $351 / Sq Ft
04/14/2025 04/14/25 Off Market $2,159,900 -- --
03/27/2025 03/27/25 Price Changed $2,159,900 -4.0% $353 / Sq Ft
01/23/2025 01/23/25 Price Changed $2,249,900 -7.4% $368 / Sq Ft
11/07/2024 11/07/24 For Sale $2,430,000 -- $397 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24196384

Regional Multiple Listing Service (RMLS)