5587 NE 7th AVE, Portland, OR 97211

  • $3,280,000

Overview

  • 2026
    Year Built
  • MultiFamily
    Property Type
  • 745845628
    MLS#
  • 0.1 Acres
    Land Area
  • Keller Williams Realty Portland Premiere
    Office Name
  • Lake Shovoly
    Agent Name

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
  • Price $3,280,000
  • Land Area 0.1 Acres
  • Garage Size x x
  • Year Built 2026
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Keller Williams Realty Portland Premiere
  • Agent Name Lake Shovoly
  • Office Phone 503-597-2444

Additional details

  • Listing Terms Call Listing Agent, Cash, Conventional
  • Roof Shingle
  • Sewer Public Sewer
  • Cooling Mini Split
  • Heating Mini Split, Wall Heater
  • County Multnomah
  • Property Type MultiFamily
  • Parking On Street
  • Elementary School MartinL King Jr
  • Middle School Harriet Tubman
  • High School Jefferson

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