7468 SE Tolman ST, Portland, OR 97206
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7468 SE Tolman ST, Portland, OR 97206
7468 SE Tolman ST, Portland, OR 97206
7468 SE Tolman ST, Portland, OR 97206
7468 SE Tolman ST, Portland, OR 97206

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Additional details
Eduardo Reyes

Eduardo Reyes

+1(971) 282-1806
Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$ 3,379,900
Est. payment /mo
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Price Dropped by $60K

7468 SE Tolman ST Portland, OR 97206

9,454 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,454 sqft

Price per Sqft $357

Subdivision Mt Scott - Arleta

MLS Listing ID 259374040

Year Built 2026

Tax Year 2026

Lot Size 9,583 Sqft

Property Description

Ideally located just 2.5–3 miles from the vibrant restaurants, cafés, bars, and neighborhood retail of SE Woodstock Blvd, this offering includes all eight homes within the newly constructed community, presenting a rare opportunity to acquire an entire small scale rental development in Southeast Portland. Designed and developed by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the offering reflects thoughtful planning, efficient layouts, and durable construction suited for long term ownership and reduced maintenance exposure. The community consists of four three bedroom homes and four two bedroom homes, each offering two and a half bathrooms and well designed two story floor plans that maximize functionality and tenant livability. Main levels feature spacious open concept great rooms with seamless flow between living, dining, and kitchen areas, creating flexible layouts that appeal to a broad tenant base. Gourmet kitchens offer generous solid surface countertop space, stainless steel appliances, ample cabinetry, and large islands with eat bar seating, plus a convenient main level half bath. Upper levels include primary suites with ensuite baths, dedicated hall baths for secondary bedrooms, and upstairs laundry positioned between bedrooms. Homes include private outdoor spaces, with the rear homes offering larger yard areas that add outdoor flexibility and rental appeal. Energy efficient ductless heat pump systems provide year round comfort and efficiency. Daily conveniences line nearby SE 82nd Avenue within roughly half a mile, and Lents Park, approximately 1.1 miles away, offers expansive greenspace, walking paths, and sports facilities supporting tenant retention. Pro forma financials indicate an estimated 5.39% cap rate, positioning this asset as a balanced investment opportunity combining stable yield potential with long term appreciation in a consistently desirable Southeast Portland corridor.

Location

State OR

County Multnomah

Area _143

Zoning R2.5

Rooms

Basement Crawl Space

Interior

Heating Mini Split

Cooling Heat Pump, Mini Split

Exterior

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Woodmere

Middle Schools Brentwood

High Schools Franklin

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://www.youtube.com/watch?v=i1BxxpSec18

Regional Multiple Listing Service (RMLS)

Amenities & Attractions

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Education
Pets
Local Events & Flavor

  • Qué Bacano!

    7238 SE Foster Rd, Portland, OR 97206

    Colombian Phone: 971-300-1248

  • McDonald’s

    5613 SE 82nd Avenue, Portland, OR 97266

    Fast Food Phone: 503-777-9007

  • Los Alambres 2

    7238 SE Foster Rd, Portland, OR 97206

    Food Stands Phone: 503-477-0224

  • Hometown Pizza

    5902 SE 72nd Ave, Portland, OR 97206

    Pizza Phone: 503-771-1983

  • Waffle Tea

    5427 SE 72nd Ave, Portland, OR 97206

    Breakfast & Brunch

  • Chinese Delicacy

    6411 SE 82nd Ave, Portland, OR 97266

    Chinese Phone: 503-775-2598

  • Granny Boo’s Deli

    8145 SE 82nd Ave, Portland, OR 97206

    Food Stands

  • It’s Thai Food

    8145 SE 82nd Ave, Portland, OR 97206

  • Krust Artisan Pizza

    8145 SE 82nd Ave, Portland, OR 97206

    Pizza

  • EC Kitchen

    6335 SE 82nd Ave, Portland, OR 97206

    Chinese Phone: 503-788-6306

  • O’Malley’s Saloon & Grill

    6535 SE Foster Rd, Portland, OR 97206

    American (Traditional) Phone: 503-777-0495

  • Tierra del Sol Cuisine

    7238 SE Foster Rd, Portland, OR 97206

    Mexican Phone: 503-975-4805

  • Pieper Cafe

    6504 SE Foster Rd, Portland, OR 97206

    Coffee & Tea Phone: 971-271-7471

  • World Famous Cannabis Cafe

    Portland, OR 97206

    Cafes

  • The Spot 79

    7944 SE Foster Rd, Portland, OR 97206

    Sports Bars Phone: 503-777-1430

  • Fernando’s Alegria

    7238 SE Foster Rd, Portland, OR 97206

    Mexican Phone: 503-481-6306

  • Taco Time

    8136 SE Foster Rd, Portland, OR 97206

    Mexican Phone: 503-517-8583

  • Da’ Hui

    6504 SE Foster Rd, Portland, OR 97206

    Hawaiian Phone: 503-477-7224

  • QueBola?

    7238 SE Foster Rd, Portland, OR 97206

    Cuban Phone: 971-804-9855

  • Putter’s Bar & Grill

    7306 SE Woodstock Blvd, Portland, OR 97206

    American (Traditional) Phone: 503-788-1950

  • Mexican Restaurant El Rincón Latino

    8151-8199 SE Reedway St, Portland, OR 97206

    Mexican Phone: 503-384-2560

  • Joy Teriyaki

    8136 Se Foster Rd, Portland, OR 97206

    Japanese Phone: 503-719-4293

  • Mickey & Mario’s Pizza N Pub

    6526 SE Foster Rd, Portland, OR 97206

    Pizza Phone: 503-788-2341

Eduardo Reyes

Eduardo Reyes

Broker

+1(971) 282-1806

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7468 SE Tolman ST