3614 SW Vermont ST, Portland, OR 97219
- $869,900
- 1,832
- SqFt
- List Price
- $869,900
- Price Change
- ▼ $10,000 1781240853
- Days on Market
- 78
- MLS#
- 788305557
- Property Type
- Multifamily
- Sqft. of Residence
- 1,832
- Lot Size
- 0K to 2, 999 SqFt
- Region
- Portland NW/ SW/ S, Raleigh Hills
- Status
- ACTIVE
Property Description
A rare SW Portland cottage cluster investment opportunity, this newly built offering includes two front detached homes, each with 3 bedrooms and 2.1 bathrooms, for a combined 6 bedrooms, 4 full bathrooms, and 2 half bathrooms. Both homes are vacant and ready for lease up, allowing an investor to establish new market rents from day one. Detached cottage style residences provide the privacy, identity, and tenant appeal of standalone living while remaining efficient to own and operate. Built by a local boutique builder renowned for elevated finishes, signature millwork, and exceptional architectural detailing that gives every home a custom feel. Where elevated craftsmanship becomes everyday living. Intentionally scaled for lower maintenance ownership, the homes feature open main level living areas and flexible main floor bedrooms that can also serve as offices, dining rooms, or additional living spaces. Upstairs bedrooms feature tasteful coffered ceilings, while walk in closets, laundry, energy efficient mini splits for year round heating and cooling, and 2-10 Builder Warranty coverage add comfort and confidence. Individual entries, a central community walkway, bike parking, and cottage inspired details give the community a polished neighborhood presence. Gabriel Park is just steps away, offering trails, open green space, sports courts, a dog area, playground, and everyday recreation without needing to drive. Nearby Multnomah Village adds coffee, dining, shops, bakeries, neighborhood services, and a recognizable village atmosphere that keeps daily conveniences close to home. Together, these amenities create a compelling setting for tenant attraction and retention. Projected rental income and expenses are pro forma estimates based on anticipated lease up rents and operating assumptions. Buyer to perform all due diligence regarding projected rental cash flow.
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Additional Information
- Year Built
- 2026
- High School
- Ida B Wells
- Elementary School
- Maplewood
- Middle School
- Jackson
- Living Area
- 1,832
- Stories
- 2
- Subdivision
- MULTNOMAH
- Lot Size Dimension
- TBD Via MHLD Plat
- Terms
- Cash, Conventional
- Cooling Description
- Heat Pump, Mini Split
- Fuel Description
- Electricity
- Heating Description
- Mini Split
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Board & Batten Siding, Cement Siding, Lap Siding, Shake Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Parking
- On Street
- Security Or Entry
- Sidewalk
- Parking Description
- On Street
- Road Surface
- Paved
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 3
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 3100
- Unit Type One Sq Ft
- 916
- Unit Type One Units Total
- 2
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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.