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Additional details
Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$ 1,729,900
Est. payment /mo
Price Dropped by $84K
6439 SE 88th AVE Portland, OR 97266
5,224 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,224 sqft
Price per Sqft $331
Subdivision Lents
MLS Listing ID 381819522
Year Built 2025
Tax Year 2025
Lot Size 6,969 Sqft
Property Description
Introducing a rare new-construction multifamily opportunity featuring four detached homes thoughtfully designed as a boutique cottage cluster by a multi-year Street of Dreams builder and Builder of the Year award winner. This offering is well suited for long-term hold investors seeking modern construction, efficient systems, and durable rental demand in Southeast Portland. The front two homes are approximately 1,423 sqft each and include one-car garages with driveway parking, while the rear two homes are approximately 1,189 sqft each with street parking. All four homes feature three bedrooms and two and one-half bathrooms, creating a consistent and highly desirable unit mix. Each residence includes a dedicated in-unit laundry space and energy-efficient mini-split systems for year-round heating and cooling. The rear homes are highlighted by spacious kitchen islands with eat bars, enhancing functionality and tenant appeal. Detached construction, modern layouts, and brand-new systems support reduced maintenance expectations and long-term durability. The cottage cluster design offers privacy and individuality for tenants while remaining efficient from an ownership and management perspective. Manicured landscaping is in place throughout the shared common space, reinforcing curb appeal and creating an inviting community setting. Located in Southeast Portland, the property benefits from proximity to amenities that support consistent rental demand. Nearby favorites include Broken Rice Restaurant, DOYAJI, Sherpa Kitchen, Habanero Burrito, and Shiki Shiki Baba Turkish Kitchen, along with coffee spots such as Refuge Coffee House, Loro Coffee Montavilla, and Monti's Cafe. Parklane Park offers nearby green space and recreation. A compelling opportunity to acquire brand-new, detached rental homes with a strong unit mix, efficient systems, and excellent neighborhood fundamentals.
Location
State OR
County Multnomah
Area _143
Zoning R2.5
Rooms
Basement Crawl Space
Interior
Heating Mini Split, Wall Heater
Cooling Heat Pump, Mini Split
Exterior
Garage Spaces 2.0
View Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Slab, Stem Wall
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Kelly
Middle Schools Brentwood
High Schools Franklin
Others
Acceptable Financing Conventional, FHA, VALoan
Listing Terms Conventional, FHA, VALoan
Virtual Tour https://www.youtube.com/watch?v=mWJGwARkDec
Amenities & Attractions