$3,019,900
NEW CONSTRUCTION $70K PRICE INCREASE

Estimated payment $16,477/month

Total Views 1,529
17 Beds
18 Baths
7,786 Sq Ft
$388 Price per Sq Ft

Highlights

  • New Construction
  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • View of Trees or Woods
  • Level Lot

About This Home

Hello, savvy investor—meet your next smart addition in Portland’s thriving Kenton neighborhood. I'm an 8-unit townhome-style property, purpose-built for lasting value and modern appeal. Thoughtfully designed with efficiency, durability, and style in mind, I offer the perfect blend of functionality and charm. Located in the heart of Kenton, one of North Portland’s most vibrant and up-and-coming neighborhoods, I’m surrounded by local favorites like Posie’s Cafe, the Kenton Farmers Market, and the iconic Paul Bunyan statue. With easy access to public transit and a strong community vibe, I’m a magnet for tenants who want connection and convenience. Each of my eight units is a two-story townhome featuring open-concept living, high ceilings, and designer finishes throughout. Kitchens are appointed with modern cabinetry and statement backsplashes. Upstairs, spacious bedrooms and stylish bathrooms provide comfort and livability that tenants love. Every unit includes a private fenced yard or patio—a rare and highly desirable amenity in this area. Built by a respected, local boutique builder known for quality craftsmanship and attention to detail, I offer investors added peace of mind that every square foot is designed to perform—and built to last. Constructed with low-maintenance materials and smart building practices, I’m designed to keep your overhead low and your returns strong. I offer investors low vacancy potential, dependable long-term income, and minimal day-to-day hassle. I’m new, efficient, and ready to elevate your portfolio. Come see what I can do for you.

Listing Agent

Darryl Bodle

Keller Williams Realty Portland Premiere Brokerage Phone: 503-709-4632 License #199910100 Listed on: 05/14/2025

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

  • $1,798

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,786 Sq Ft Home
  • 2-Story Property
  • Views of Woods

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 18 Bathrooms

Schools

  • Rosa Parks Elementary School
  • George Middle School
  • Roosevelt High School

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Electric Water Heater

Community Details

  • 8 Units
  • Kenton Subdivision

Listing and Financial Details

  • Assessor Parcel Number New Construction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,798

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2025
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Open House: No
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 17
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • 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: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Rosa Parks
  • High School: Roosevelt
  • Middle Or Junior School: George

Lot Info

  • Zoning: R5
  • 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, UnitTypeType7
  • Number Of Units Total: 8

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,798 $67,190 $67,190 --
2023 $1,798 $70,240 $0 $0
2022 $4,202 $157,350 $0 $0
2021 $4,131 $152,770 $0 $0
2020 $3,789 $148,330 $0 $0
2019 $3,763 $144,010 $0 $0
2018 $3,543 $139,820 $0 $0
2017 $3,396 $135,750 $0 $0
2016 $3,108 $131,800 $0 $0
2015 $3,026 $127,970 $0 $0
2014 $2,981 $124,250 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 Price Changed $3,019,900 +2.4% $388 / Sq Ft
07/25/2025 07/25/25 For Sale $2,949,900 0.0% $379 / Sq Ft
06/19/2025 06/19/25 Off Market $2,949,900 -- --
05/14/2025 05/14/25 For Sale $2,949,900 +445.3% $379 / Sq Ft
04/07/2022 04/07/22 Sold $540,953 -5.9% $219 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $574,900 0.0% $233 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
12/20/2021 12/20/21 Price Changed $574,900 -4.2% $233 / Sq Ft
11/07/2021 11/07/21 Price Changed $599,900 -4.0% $243 / Sq Ft
10/16/2021 10/16/21 Price Changed $624,900 -3.8% $253 / Sq Ft
09/24/2021 09/24/21 Price Changed $649,900 -3.0% $263 / Sq Ft
09/07/2021 09/07/21 Price Changed $669,900 -4.3% $272 / Sq Ft
08/21/2021 08/21/21 For Sale $699,900 -- $284 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Fidelity National Title
Warranty Deed $540,953 Fidelity National Title
Bargain Sale Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,998,790 Construction
Previous Owner $378,667 Credit Line Revolving
Previous Owner $412,500 New Conventional
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 518316790

Regional Multiple Listing Service (RMLS)

APN: R292779