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Listed by Keller Williams Realty Portland Premiere • 503-709-4632

$1,813,900

Est. payment - /mo

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5,224 SqFt

Price Dropped by $6K

6439 SE 88th AVE Portland, OR 97266

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,224 sqft

Price per Sqft $347

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 Lane

High Schools Franklin

Others

Acceptable Financing Conventional, FHA, VALoan

Listing Terms Conventional, FHA, VALoan

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

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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