7190 NE Glisan ST, Portland, OR 97213

$2,749,900
8,760
SqFt

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List Price
$2,749,900
Price Change
▼ $38,988 1777600878
Days on Market
321
MLS#
799680224
Property Type
Multifamily
Sqft. of Residence
8,760
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

Exceptional Investment Opportunity. This newly constructed 7-unit community is ideally positioned in Portland’s highly desirable Montavilla neighborhood, an area known for its strong rental demand, vibrant local culture, and excellent access to both urban amenities and major employment corridors. The property features a rare and highly sought-after unit mix, with spacious residences ranging from approximately 1,190 to 1,390 square feet across three thoughtfully designed levels. The homes were crafted by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, reflecting a high level of quality, durability, and long-term appeal. Two units include a flexible ground-floor space well suited for a home office or potential fourth bedroom, catering to today’s work-from-home and multi-use living preferences, while the remaining five units offer efficient and in-demand three-bedroom layouts. All residences feature 2.5 bathrooms and modern, low-maintenance design elements that appeal strongly to long-term tenants. Montavilla continues to stand out as a tenant-favorite neighborhood due to its walkable commercial core, strong community identity, and convenient access to downtown Portland, the Central Eastside, and I-84. Nearby amenities include Montavilla Brew Works, Roscoe’s, Academy Theater, and a variety of local coffee shops, restaurants, and neighborhood services along SE Stark Street. Residents also enjoy close proximity to Montavilla Park, providing green space and outdoor recreation just minutes from home. This combination of new construction, larger unit sizes, flexible layouts, and a proven rental location is seldom found in today’s market. A compelling opportunity for investors seeking durable construction, strong tenant appeal, and long-term income stability in one of Northeast Portland’s most consistently desirable neighborhoods.

Additional Information

Year Built
2025
High School
Leodis McDaniel
Elementary School
Vestal
Middle School
Roseway Heights
Acres
0.10
Living Area
8,760
Stories
3
Subdivision
MONTAVILLA
Lot Size Dimension
45x100
Terms
Cash, Conventional
Cooling Description
Mini Split
Fuel Description
Electricity
Heating Description
Mini Split
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Board & Batten Siding, Cement Siding, Lap 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
7
Unit Type One Baths Total
3
Unit Type One Beds Total
4
Unit Type One Rent
2950
Unit Type One Sq Ft
1360
Unit Type One Units Total
1
Unit Type Two Baths Total
3
Unit Type Two Beds Total
4
Unit Type Two Units Total
1
Unit Type Three Baths Total
3
Unit Type Three Beds Total
3
Unit Type Three Rent
2650
Unit Type Three Sq Ft
1230
Unit Type Three Units Total
2
Unit Type Four Baths Total
3
Unit Type Four Beds Total
3
Unit Type Four Rent
2650
Unit Type Four Sq Ft
1190
Unit Type Four Units Total
3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere.

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