5587 NE 7th AVE, Portland, OR 97211
- $3,280,000
5587 NE 7th AVE, Portland, OR 97211
- $3,280,000
Overview
- 2026
- MultiFamily
- 745845628
- 0.1 Acres
- Keller Williams Realty Portland Premiere
- Lake Shovoly
Description
A new-construction investment opportunity in one of Northeast Portland’s most desirable rental corridors, this 2026-built eight-plex sits just blocks from Alberta Park, Woodlawn City Park, and Ainsworth — an A+ location that consistently draws strong tenant demand. All eight units are three-level townhomes with two bedrooms and two and a half bathrooms. Interiors are finished to a high standard throughout. Kitchens feature premium appliances, tasteful tile work, and modern cabinetry, while bathrooms carry through with clean, well-considered design. LVP flooring runs throughout the living spaces, and tall ceilings paired with generous windows make each unit feel open, light-filled, and private. The result is a turnkey product that should command strong market rents and minimize early-years maintenance and capital expense. The corner-lot positioning is a meaningful advantage, allowing each unit to have its own private deck or yard space — a feature that supports tenant retention and helps the property stand out among nearby rentals. For investors looking to add a low-maintenance, new-construction asset to a Portland rental portfolio, this eight-plex offers a strong combination of location, quality, and design. Call to arrange a private tour or request additional financials.
Details
Updated on August 1, 2026 at 7:12 am-
MLS# 745845628
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Price $3,280,000
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Land Area 0.1 Acres
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Garage Size x x
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Year Built 2026
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Property Type MultiFamily
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Property Status Active
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Office Name Keller Williams Realty Portland Premiere
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Agent Name Lake Shovoly
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Office Phone 503-597-2444
Additional details
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Listing Terms Call Listing Agent, Cash, Conventional
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Roof Shingle
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Sewer Public Sewer
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Cooling Mini Split
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Heating Mini Split, Wall Heater
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County Multnomah
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Property Type MultiFamily
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Parking On Street
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Elementary School MartinL King Jr
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Middle School Harriet Tubman
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High School Jefferson
Walkscore
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Contact Information
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