$30,875,000
NEW CONSTRUCTION

Estimated payment $189,068/month

Total Views 1,863
7 Beds
7 Baths
67,286 Sq Ft
$459 Price per Sq Ft

Highlights

  • New Construction
  • 1.11 Acre Lot
  • Heat Pump System
  • City View
  • Cooling Available

About This Home

Own a rare portfolio of 9 buildings and 121 units, featuring a dynamic mix of townhomes, apartments, and retail spaces. Built between 2023–2025 with high-end finishes throughout, this collection offers strong diversification, modern design, and exceptional tenant appeal. The properties are strategically located across some of Portland’s most sought-after neighborhoods, including the iconic Alberta Arts District, vibrant Hollywood, and the scenic South Waterfront. A prime opportunity to bolster your investment portfolio with a substantial stake in Portland real estate.

Listing Agent

Darryl Bodle

Keller Williams Realty Portland Premiere Brokerage Phone: 503-709-4632 License #199910100 Listed on: 08/08/2025

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

Est. Annual Taxes

  • $240,282

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 1.11 Acre Lot

Property Views

  • City
  • Woods

Home Design

  • 67,286 Sq Ft Home
  • Flat Roof Shape
  • Composition Roof
  • Metal Roof
  • Cement Siding
  • Metal Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Schools

  • Vernon Elementary And Middle School
  • Jefferson High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Mini Split Heat Pump
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number New Construction

Community Details

Overview

  • 121 Units

Building Details

  • Operating Expense $599,186
  • Gross Income $2,294,175
  • Net Operating Income $1,694,989

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$240,282

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 2025
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Open House: No
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 7
  • Lot Size Range: Acres1to3

Exterior Features

  • Exterior Description: Aluminum,CementSiding,MetalSiding,Other
  • Lot Size: 1 to 2.99 Acres
  • View: Yes
  • Road Surface Type: Paved
  • Roof: Composition, Flat, Metal
  • View: City,TreesWoods

Garage/Parking

  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Vernon
  • High School: Jefferson
  • Middle Or Junior School: Vernon

Lot Info

  • Zoning: remarks
  • Lot Size Acres: 1.11
  • Lot Size Sq Ft: 48351.0
  • Parcel #: New Construction

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 240282.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 121
  • Gross Rent Multiplier: 13.46
  • Annual Gross Income: 2294175.0
  • Property Net Operating Income: 1694989.0
  • Annual Operating Expense: 599186.0

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
08/08/2025 08/08/25 For Sale $30,875,000 -- $459 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 792913119

Regional Multiple Listing Service (RMLS)

APN: 1N1E24BB 25300