Property Description

Located in Portland’s desirable Rose City Park neighborhood, these newly constructed attached 4-plexes offer a rare opportunity to acquire a modern, low maintenance multifamily asset in a highly rentable close in NE location. The area boasts a very walkable setting and strong bike accessibility, making it especially appealing to tenants who value walkable amenities, bike access, and everyday convenience. Rose City Park is known for its residential charm paired with close proximity to the shops, restaurants, cafés, and daily conveniences along NE Sandy Blvd, further enhancing tenant desirability. Together, the two identical 4-plexes feature a strong and efficient unit mix totaling approximately 8,356 square feet. Across both buildings there are four end units configured as 3 bedrooms and 2.1 bathrooms at approximately 1,177 square feet each, and four interior units configured as 2 bedrooms and 2.1 bathrooms at approximately 912 square feet each. In total, the portfolio offers 20 bedrooms and 16.8 bathrooms. All units are townhouse style with private outdoor space and energy efficient mini split systems for year round heating and cooling. The property was built and developed by a local boutique builder known for quality construction, high end finishes, extensive built ins, distinctive accent walls and crown molding with integrated lighting throughout the units. Each residence is thoughtfully designed with high ceilings on the main level, open great room layouts, and upstairs laundry conveniently located between bedrooms. Interior unit bedrooms feature vaulted ceilings, enhancing the spacious feel and furthering tenant appeal. End units benefit from larger private yards, further supporting strong tenant retention. This is a compelling opportunity for investors seeking modern construction, strong unit differentiation, and durable rental demand in one of Portland’s most established and amenity rich neighborhoods.