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7262 SW 1st AVE

Portland, OR 97219
Square Ft.
5,080
Active
Multifamily
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$2,059,900
Four brand new South Portland residences across two matching buildings create a rare opportunity to acquire an entire new construction rental portfolio in one location. With four separate 3 bedroom, 3 full bathroom homes, the property offers multiple investment strategies: lease all four for diversified rental income, occupy one residence… Read MoreRead Less
Listing courtesy of Keller Williams Realty Portland Premiere.
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
5,080
Lot Size
0.19 Acres
Year Built
2026
MLS Number
721738351
30 Days Snapshot Of 97219
$665k
-8%
(avg) sold price
55
-22%
homes sold
38
+15%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Gravel
Basement
Basement: CrawlSpace
Building
Building Area Total: 5080, Built in 2026, Storage: None, Stories: 2, Unit Type Type: UnitTypeType1
Cooling
Cooling: HeatPump, MiniSplit
Disclosures
Disclosures: Exempt
Expenses
Operating Expense Scheduled: 36271, Operating Expense: $36,271
Exterior Features
Exterior Description: CementSiding, LapSiding
Foundation
Foundation Details: ConcretePerimeter, StemWall
Heating
Heating: HeatPump, MiniSplit
Income
CAP Rate: 5.11, Gross Income: $141,612, Gross Rent Multiplier: 14.55, Gross Scheduled Income: $141,612, Net Operating Income: $105,341, Net Scheduled Income: 105341
Lot
Features: Level, PublicRoad, Size Acres: 0.19, Size Dimensions: Irregular, Size Range: SqFt7000to9999, Size Square Feet: 8,276, Size: 7,000 to 9,999 SqFt
Miscellaneous
Investor Information: Incomplete
Parking
Features: OffStreet, OnStreet
Property
Number Of Units Total: 4, Property Condition: NewConstruction, Zoning: R5
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Legal Description
Unit One
Actual Rent: $2,995, Area: 1270, Features: AirConditioning, Dishwasher, Range, WasherDryerHookup, Units Total: 4, 3 total bathrooms, 3 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Tank, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Rieke Elementary School 503-916-5768 Public KG-5
Robert Gray Middle School 503-916-5676 Public 6-8
Ida B. Wells High School 503-916-5280 Public 9-12
Rieke Elementary School 503-916-5768 Public KG-5
Rieke Elementary School 503-916-5768 Public KG-5
Robert Gray Middle School 503-916-5676 Public 6-8
Ida B. Wells High School 503-916-5280 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.