7262 SW 1st AVE, Portland, OR 97219

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List Price
$1,519,900
Price Change
▼ $540,000 1793854950
Days on Market
73
MLS#
721738351
Property Type
Multifamily
Sqft. of Residence
3,810
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland NW/ SW/ S, Raleigh Hills
Status
ACTIVE

Property Description

Three brand new South Portland residences across two buildings offer a compelling opportunity to acquire a new construction rental portfolio in one location. With three separate 3 bedroom, 3 full bathroom homes, the property supports multiple investment strategies: lease all three for diversified rental income, occupy one while renting the other two for supplemental income, or combine personal use with long term rentals. Each residence features a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel appliances, black fixtures and detailed millwork create a polished, cohesive finish. The 7250 residence offers a dedicated driveway for off street parking, while 7260 and 7262 feature larger fenced yards with lawn space. All three homes include covered patios, private outdoor areas, minisplit heating and cooling, individual laundry areas and separate street addresses. No HOA or monthly association dues add to the appeal. Located in South Portland near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and shopping nearby plus access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. Each home includes 2-10 Builder Warranty coverage at closing. A flexible three-residence offering combining modern design, outdoor space and multiple potential rental income streams. [Home Energy Score = 10. HES Report at: https://us.greenbuildingregistry.com/green-homes/OR10251886] [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251886]

Additional Information

Year Built
2026
High School
Ida B Wells
Elementary School
Rieke
Middle School
Robert Gray
Acres
0.14
Living Area
3,810
Stories
2
Subdivision
SOUTH PORTLAND
Lot Size Dimension
Irregular
Terms
Cash, Conventional
Cooling Description
Heat Pump, Mini Split
Fuel Description
Electricity
Heating Description
Heat Pump, Mini Split
Hoa Rent Includes
None
Hot Water Description
Electricity, Tank
Exterior Description
Board & Batten Siding, Cement Siding, Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Trees/Woods
Parking
Off Street, On Street
Parking Description
Off Street, On Street
Road Surface
Gravel
Number Of Units Total
3
Unit Type One Baths Total
3
Unit Type One Beds Total
3
Unit Type One Rent
2995
Unit Type One Sq Ft
1270
Unit Type One Units Total
3

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Listing courtesy of Keller Williams Realty Portland Premiere.

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