7262 SW 1st AVE, Portland, OR 97219

$2,059,900
5,080
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,059,900
Days on Market
0
MLS#
721738351
Property Type
Multifamily
Sqft. of Residence
5,080
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland NW/ SW/ S, Raleigh Hills
Status
ACTIVE

Property Description

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 while renting the remaining three to help offset ownership costs, or create a flexible combination of personal use and long term rentals. Each home 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 Whirlpool appliances, black fixtures and detailed millwork give each residence a polished, consistent finish. The 7250/7252 building offers dedicated driveways for off street parking, while 7260/7262 feature larger fenced yards with lawn space. All four homes include covered patios, private outdoor areas, minisplit heating and cooling, individual laundry areas and separate street addresses. No HoA or monthly association dues helps keep the ownership structure straightforward. Located in South Portland near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. 2-10 Builder Warranty coverage is included at closing.

Additional Information

Year Built
2026
High School
Ida B Wells
Elementary School
Rieke
Middle School
Robert Gray
Acres
0.19
Living Area
5,080
Stories
2
Subdivision
SOUTH PORTLAND
Lot Size Dimension
Irregular
Terms
Cash, Conventional, FHA, VA Loan
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
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
4
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
4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.