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$2,349,900

8 Beds 12 Baths 5,476 SQFT 0.11 Acres
Type: Multi-Family

1873 SE Tacoma ST
Portland, OR 97202

MLS#: 517004408
Brandy Lee Ingebretson
Brandy Lee Ingebretson
Premiere Property Group
Broker
Phone: 480.299.0229
Office: 971.271.8932
Presented by: Keller Williams Realty Portland Premiere - 503-709-4632

Property Description

 

Investor Opportunity: This brand-new 6-plex at 1823 SE Tacoma St offers a rare chance to acquire a never-before-occupied, modern multi-family property in Portland’s desirable Arbor Lodge neighborhood. All six units are move-in ready, allowing for seamless tenant turnover and immediate income potential. Each unit features its own dedicated laundry space and a private yard with patio, enhancing tenant comfort and appeal. Additionally, all units are individually metered for convenience. As a new construction property, the building boasts contemporary finishes, energy-efficient systems, and high-quality materials, minimizing maintenance and replacement costs. Its prime Arbor Lodge location ensures strong rental appeal, with tenants enjoying proximity to Arbor Lodge Park, local dining and coffee shops, boutique retail, and excellent transit access via nearby bus lines and the MAX light rail. With its modern design, move-in readiness, and tenant-friendly amenities, this 6-plex offers a turnkey opportunity for investors seeking immediate cash flow and long-term appreciation potential in Portland’s rental market.


 

Interior Features

Bedrooms

Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2
Unit 4 Beds Total2

Bathrooms

Unit 1 Baths Total3
Unit 2 Baths Total3
Unit 3 Baths Total3
Unit 4 Baths Total3

Other Interior Features

UnitType1ActualRent2050
UnitType1FeaturesAirConditioning, Dishwasher, Range, WasherDryerHookup
UnitType1UnitsTotal1
UnitType2ActualRent2050
UnitType2FeaturesAirConditioning, Dishwasher, Range, WasherDryerHookup
UnitType2UnitsTotal3
UnitType3ActualRent2050
UnitType3FeaturesAirConditioning, Dishwasher, Range, WasherDryerHookup
UnitType3UnitsTotal1
UnitType4ActualRent2050
UnitType4FeaturesAirConditioning, Dishwasher, Range, WasherDryerHookup
UnitType4UnitsTotal1
FuelDescriptionElectricity
BasementCrawlSpace
Hot WaterElectricity
StorageNone
Unit TypeUnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4

General

Accessory Dwelling Unit Y/NN
AttributionContact503-709-4632
CityPortland
CoolingMiniSplit
CountyMultnomah
DirectionsHwy 99 to SE Tacoma St
DisclosuresExempt
Elementary SchoolLlewellyn
Garage Spaces0
Gross Income145317.0
HOANo
HeatingMiniSplit
High SchoolCleveland
Legal DescriptionTBD
Listing TermsCash, Conventional, FHA, VALoan
Lot Size Square Feet4,791 sqft
MLS Area_143
Middle/Junior High SchoolSellwood
Net Operating Income105502.0
Number Of Units Total6
Operating Expense39815.0
Parcel Number0
Property ConditionNewConstruction
Property TypeMultiFamily
Rent IncludesNone
RoofComposition
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameSELLWOOD - MORELAND
Tax Annual Amount$0
Tax Year2025
ViewDescriptionTreesWoods
Virtual TourClick here
Year Built2025
ZoningRM2

Exterior

Building Area Total5,476 sqft
Exterior DescriptionCedar, CementSiding, LapSiding
Foundation DetailsConcretePerimeter
Lot FeaturesLevel
Lot Size Acres0.11
Parking FeaturesOnStreet
Road Surface TypePaved
Total Parking0
Water SourcePublicWater

Additional Details

Price History

Schools 

Middle School Sellwood Middle School
Elementary School Llewellyn Elementary School
High School Cleveland High School

  

Similar Properties

$2,349,900

8 Beds 12 Baths 5,476 SQFT 0.11 Acres
Type: Multi-Family

1873 SE Tacoma ST
Portland, OR 97202

MLS#: 517004408
Brandy Lee Ingebretson
Brandy Lee Ingebretson
Premiere Property Group
Broker
Phone: 480.299.0229
Office: 971.271.8932