OPEN HOUSE Sat, Feb 28 2026 10:00 AM - 12:00 PM
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OPEN HOUSE Sat, Feb 28 2026 10:00 AM - 12:00 PM

$1,759,900

6 Beds 9 Baths 3,767 SQFT 0.14 Acres
Type: Multi-Family

4540 SW Garden Home RD
Portland, OR 97219

MLS#: 390814225
Angela Talbott
Angela Talbott
Premiere Property Group
Oregon Real Estate Broker
Phone: 503.706.8223
Office: 971.271.8932
Presented by: Keller Williams Realty Portland Premiere - 503-709-4632

Property Description

 

Investor opportunity in the heart of Garden Home offering four newly constructed 2 bedroom, 2 bathroom residences designed for durability, efficiency, and long term rental appeal. Each unit offers ~921 square feet with modern open concept layouts, solid surface countertops, stainless steel appliances, energy efficient mini splits for year round comfort, and private yard space with lawn areas that are highly attractive to today’s tenants. Designed and developed by a respected local boutique builder known for high end finishes, efficient use of space, and attention to detail, these homes reflect thoughtful planning and strong construction standards. The front residence includes a dedicated parking pad, while the rear residence features a substantially larger lawn area that supports premium rental positioning and enhanced privacy. From a tenant demand perspective, the location performs exceptionally well. The property sits ~0.3 miles to Garden Home Recreation Center, ~0.4 miles to Garden Home Park, ~0.5 miles to Trader Joe’s, Starbucks, and neighborhood dining options, and ~1 mile to Washington Square with its major retail, restaurants, and employment draw. Quick access to SW Multnomah Blvd and Hwy 217 supports easy commuting to downtown Portland, Beaverton tech corridors, and OHSU. New construction reduces deferred maintenance risk, energy efficient systems help control utility expenses, and private yard spaces create strong differentiation compared to typical attached rental product. With lifestyle driven amenities, commuter convenience, and long term structural integrity, this fourplex presents a compelling opportunity for both investor hold strategies and owner occupied investment models in a consistently desirable Southwest Portland submarket.


 

Interior Features

Bedrooms

Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2

Bathrooms

Unit 1 Baths Total3
Unit 2 Baths Total3
Unit 3 Baths Total3

Other Interior Features

UnitType1ActualRent2425
UnitType1FeaturesAirConditioning, Dishwasher, Range, WasherDryerHookup
UnitType1UnitsTotal2
UnitType2ActualRent2650
UnitType2FeaturesAirConditioning, Dishwasher, Range, WasherDryerHookup
UnitType2UnitsTotal1
UnitType3ActualRent2525
UnitType3UnitsTotal1
FuelDescriptionElectricity
BasementCrawlSpace
Hot WaterElectricity, Tank
StorageNone
Unit TypeUnitTypeType1, UnitTypeType2, UnitTypeType3

General

Accessory Dwelling Unit Y/NN
AttributionContact503-709-4632
CityPortland
CoolingHeatPump, MiniSplit
CountyMultnomah
DirectionsCorner of SW Garden Home Rd & SW 45th Ave
DisclosuresExempt
Elementary SchoolMarkham
Garage Spaces0
Gross Income118973.0
HOANo
HeatingMiniSplit, WallHeater
High SchoolIda B Wells
Legal DescriptionTBD
Listing TermsCash, Conventional, FHA, VALoan
Lot Size Square Feet6,098 sqft
MLS Area_148
Middle/Junior High SchoolJackson
Net Operating Income86482.0
Number Of Units Total4
Operating Expense32491.0
Parcel Number0
Property ConditionNewConstruction
Property TypeMultiFamily
Rent IncludesNone
RoofComposition
Security FeaturesSidewalk
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameMULTNOMAH
Tax Annual Amount$0
ViewDescriptionTreesWoods
Virtual TourClick here
Year Built2026
ZoningR7

Exterior

Building Area Total3,767 sqft
Exterior DescriptionBoardBattenSiding, Cedar, CementSiding, LapSiding
Foundation DetailsConcretePerimeter, StemWall
Lot DimensionsApprox. 75x100
Lot FeaturesLevel
Lot Size Acres0.14
Parking FeaturesOffStreet, OnStreet
Road Surface TypePaved
Total Parking1.0
Water SourcePublicWater

Additional Details

Price History

Schools 

Elementary School Markham Elementary School
High School Ida B Wells High School
Middle School Jackson Middle School

  

Similar Properties

$1,759,900

6 Beds 9 Baths 3,767 SQFT 0.14 Acres
Type: Multi-Family

4540 SW Garden Home RD
Portland, OR 97219

MLS#: 390814225
Angela Talbott
Angela Talbott
Premiere Property Group
Oregon Real Estate Broker
Phone: 503.706.8223
Office: 971.271.8932