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7560 N Emerald AVE, Portland
$64,000,000
409909207 MLS
Rare chance to acquire a 170 unit multifamily portfolio spanning 23 offerings across Portland and the Oregon Coast, assembled for investors seeking immediate scale without building a portfolio one property at a time. Designed and developed by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the portfolio offers a broad mix of modern cottage cluster communities, duplexes, triplexes, and plex assets designed for durable rental demand. All properties were built between 2023 and 2025, with several properties currently under construction, giving investors a rare combination of newer construction fundamentals and scalable acquisition potential. Buyers may pursue the full portfolio or select specific properties depending on investment goals, preferred locations, unit count, price point, and desired asset mix. Additional properties may also be available upon inquiry. Residences feature efficient layouts, contemporary finishes, private outdoor areas, off street parking or garages where available, and low maintenance ownership fundamentals. This offering gives a portfolio buyer the opportunity to add meaningful door count, diversify across multiple close-in Portland neighborhoods and select coastal assets, and capture both current income and future income upside. Ideal for a private investor, 1031 exchange buyer, private capital group, or operator seeking a material step toward a several hundred door rental portfolio. Current rental status, financials, construction completion dates, and other relevant property level details are available upon buyer inquiry.

7560 N Emerald AVE, Portland

8411 N DENVER AVE, Portland
$4,350,000
768728146 MLS
Versatile commercial property offering 6 divisible suites with flexibility for a variety of potential business and investment strategies.? The property may accommodate retail, office, distribution, manufacturing, or other uses subject to applicable zoning, permitting, and governmental approvals.? Each suite features its own bay door, providing convenient access for operations, deliveries, or storage.?The property includes a dedicated parking lot with approximately 15+ parking spaces that was previously utilized for food carts, presenting the potential to explore a similar use in the future, subject to applicable zoning, permitting, and governmental approvals.? A separate, substantial lot located behind the building provides additional space and flexibility for a future owner.?The six-suite configuration creates an opportunity for an owner-user to occupy all or a portion of the property while leasing the remaining space, or for an investor seeking a flexible multi-tenant commercial asset.? Buyers may also explore potential redevelopment or alternative uses, including multifamily, subject to zoning, land-use regulations, permitting, and other governmental approvals.?Buyer to perform their own due diligence regarding zoning, permitted uses, development or redevelopment potential, parking, food cart use, property condition, square footage, and all other aspects of the property.? No representation or warranty is made regarding approval or feasibility of any particular use.?

8411 N DENVER AVE, Portland

4620 N MARYLAND AVE, Portland
$4,350,000
713931810 MLS
Welcome to Savona Apartments, a 24-unit apartment community ideally situated at 4620 N Maryland Ave in the heart of one of Portland’s most dynamic neighborhoods. Built in 2018, Savona Apartments features modern construction and spacious floor plans designed for today’s urban lifestyle.This well-maintained property offers a blend of contemporary living and unbeatable location. Residents enjoy direct access to the vibrant Mississippi Avenue district, with its eclectic mix of renowned eateries, craft breweries, boutiques, and a lively arts scene—just steps from your front door. Commuters benefit from immediate access to the I-5 freeway and the MAX light rail, ensuring easy connectivity to downtown Portland and beyond.Additionally, this property has an assumable loan at 3.370% interest until June 2030. Property is fully occupied, please do not disturb tenants.

4620 N MARYLAND AVE, Portland

8328 N Bank ST, Portland
$4,085,500
390824442 MLS
Located in Portland’s highly desirable St. Johns neighborhood, this offering represents a rare new-construction cottage cluster consisting of 11 detached homes on N Bank St. The detached configuration and fee-simple ownership structure provide long-term operational flexibility, simplified management, and strong resale optionality—either as a portfolio hold or future individual dispositions, subject to buyer strategy and local regulations. Purpose-built for efficiency and durability, each residence features energy-efficient mini-split systems for year-round heating and cooling, supporting lower operating costs and broad tenant appeal. The project was delivered by a multi-year Street of Dreams builder and Builder of the Year award winner, offering confidence in construction quality, design execution, and long-term performance. The cohesive site layout balances privacy and density, enhancing tenant satisfaction while maintaining an approachable neighborhood scale. The St. Johns location continues to demonstrate strong rental demand driven by proximity to major employers, recreation, and everyday amenities. Residents enjoy quick access to Cathedral City Park, St. Johns Park, Pier Park, and the St. Johns Bridge, along with nearby dining, coffee, and breweries including Two Stroke Coffee, Affogato, John Street Cafe, Leisure Public House, StormBreaker Brewing, Wonderwood Springs, and The Fixin’ To. This amenity-rich environment supports rent stability, reduced vacancy, and long-term appreciation. Overall, this asset delivers a compelling combination of detached new construction, efficient mechanical systems, walkable neighborhood amenities, and flexible ownership structure, making it well-suited for investors seeking durable cash flow, low near-term capital needs, and strong exit optionality in one of North Portland’s most established submarkets.

8328 N Bank ST, Portland

8212 N DENVER AVE, Portland
$3,500,000
678823640 MLS
Welcome to 8212 N Denver Ave, an outstanding investment opportunity in the vibrant Kenton neighborhood of North Portland. Extensively remodeled since its 2018 acquisition, this well-located property offers a dynamic mix of retail and residential units with strong income potential and modern appeal.The main level features three fully leased commercial spaces, currently home to a popular restaurant, an established salon, and a local record shop. These mostly street-facing storefronts benefit from high visibility and steady foot traffic along N Denver Ave, making them ideal for retail and service-based businesses. Each commercial unit is individually metered.Upstairs, the second floor includes 11 residential units catering to modern urban lifestyles. The mix features (2) one-bedroom apartments with full bathrooms and kitchenettes, and an additional (9) thoughtfully designed micro units. These include one double-sized micro unit with an in-unit kitchenette, seven standard micro units with kitchenettes (cabinetry, shelving, sinks, mini fridges), and one streamlined unit without a kitchenette—offering an efficient, affordable housing solution.Residents enjoy shared amenities that enhance livability, including a large common kitchen and dining space, an enclosed grilling area with built-in BBQ, seating, and gas fire pit, plus a rear deck with additional seating and elevated views. Additional conveniences include a washer/dryer closet, two powder rooms, and two dedicated shower rooms, all maintained for resident comfort.A spacious, mostly open basement currently includes three secured storage units, with room for additional build-out or flexible repurposing.Located in a walkable, bike-friendly area near transit, parks, and local businesses, 8212 N Denver Ave is ideal for investors or owner-users seeking strong income, flexibility, and long-term value in one of Portland’s most desirable up-and-coming neighborhoods.

8212 N DENVER AVE, Portland

8212 N DENVER AVE, Portland
$3,500,000
690465882 MLS
Welcome to 8212 N Denver Ave, an outstanding investment opportunity in the vibrant Kenton neighborhood of North Portland. Extensively remodeled since its 2018 acquisition, this well-located property offers a dynamic mix of retail and residential units with strong income potential and modern appeal.The main level features three fully leased commercial spaces, currently home to a popular restaurant, an established salon, and a local record shop. These mostly street-facing storefronts benefit from high visibility and steady foot traffic along N Denver Ave, making them ideal for retail and service-based businesses. Each commercial unit is individually metered.Upstairs, the second floor includes 11 residential units catering to modern urban lifestyles. The mix features (2) one-bedroom apartments with full bathrooms and kitchenettes, and an additional (9) thoughtfully designed micro units. These include one double-sized micro unit with an in-unit kitchenette, seven standard micro units with kitchenettes (cabinetry, shelving, sinks, mini fridges), and one streamlined unit without a kitchenette—offering an efficient, affordable housing solution.Residents enjoy shared amenities that enhance livability, including a large common kitchen and dining space, an enclosed grilling area with built-in BBQ, seating, and gas fire pit, plus a rear deck with additional seating and elevated views. Additional conveniences include a washer/dryer closet, two powder rooms, and two dedicated shower rooms, all maintained for resident comfort.A spacious, mostly open basement currently includes three secured storage units, with room for additional build-out or flexible repurposing.Located in a walkable, bike-friendly area near transit, parks, and local businesses, 8212 N Denver Ave is ideal for investors or owner-users seeking strong income, flexibility, and long-term value in one of Portland’s most desirable up-and-coming neighborhoods.

8212 N DENVER AVE, Portland

122 SW 3RD AVE, Portland
$2,800,000
482653781 MLS
This exceptional brick building presents a rare opportunity to occupy a distinctive property in the heart of Portland's downtown. Built in 1902, this charming building features a dramatic spiral staircase connecting two office floors, skylights, and high ceilings that showcase its historic character. The flexible floor plan includes multiple offices, a conference space, a kitchen area. Located just steps from multiple bus lines, the property provides exceptional transit connectivity with an 11-minute walk to Union Station and 21-minute drive to PDX airport. This building offers a unique architectural character and unbeatable downtown accessibility, for any business looking to stand apart from conventional office space. Seller has an active real estate license in OR.

122 SW 3RD AVE, Portland

436 NE STAFFORD ST, Portland
$2,750,000
378550780 MLS
Built in 2018, 436 NE Stafford is a modern, meticulously designed three-story apartment building located in Portland’s sought-after NE Woodlawn neighborhood. This contemporary complex features a desirable mix of ten spacious units, including five one-bedroom units along with two- and threebedroom options, averaging 908 square feet each. Every unit boasts upscale, well-crafted interiors with abundant natural light, creating a bright and inviting atmosphere. Premium finishes include stainless steel appliances, in-unit washers and dryers, and modern vanities with granite countertops and elegant tile backsplashes, blending style with functionality for today’s discerning renters.Situated on a 5,000-square-foot lot, this property enjoys proximity to Portland’s vibrant local attractions - restaurants, shops, and amenities - while providing quick and convenient access to downtown. The property has a history of professional management, currently generating high in-place rents with a clear history of stable income and consistent financial records. This turnkey investment opportunity offers both immediate cash flow and long-term growth in one of Portland’s most desirable residential areas.

436 NE STAFFORD ST, Portland

9213 N Seneca ST, Portland
$2,719,900
367314455 MLS
St. Johns Eight is a newly completed build to rent portfolio consisting of eight detached cottages in Portland's St. Johns neighborhood. The offering is delivered vacant, giving an investor control over initial lease up, tenant selection, rent positioning, and management without inherited leases. All eight residences are separately addressed and contain 2 bedrooms, 2.5 bathrooms, two stories, private patios, and approximately 969 to 989 square feet, totaling 7,864 square feet. The consistent unit mix supports streamlined leasing and operations, while the detached configuration offers privacy and separation that distinguish the property from conventional apartment inventory. Interiors feature tall ceilings, bright great rooms, warm modern cabinetry, solid surface countertops, extensive tile backsplashes, stainless steel appliances, generous storage, and energy efficient mini splits for zoned heating and cooling. Each home includes a main level half bath, two upper level bedrooms, two full bathrooms, and conveniently placed laundry. Select residences add kitchen islands with eat bars. A central pedestrian walkway connects the community, while individual patios create private outdoor space for residents. The property has a 92 Bike Score and convenient access to downtown St. Johns, Pier Park, Cathedral Park, neighborhood dining, shopping, groceries, recreation, and riverfront amenities. New construction systems, finishes, and warranties may help reduce near term capital demands during initial stabilization. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your home was meant to be.

9213 N Seneca ST, Portland

4822 N VANCOUVER AVE, Portland
$2,500,000
324731957 MLS
Located in the heart of North Portland near the N Williams and N Vancouver corridors, this .85-acre parcel (approx. 37,000 SF) is zoned RM2. A rare opportunity for builders and developers it combines size, zoning, and location. This property has excellent potential for apartments, townhomes, or multi-dwelling construction in one of Portland’s most in-demand neighborhoods.Close to major employment centers, public transit, and neighborhood amenities, the location supports a wide range of development possibilities.A prime investment opportunity for builders and developers looking to capture scale and value in an area where parcels of this size are nearly impossible to find.Buyer to verify all zoning, development potential, and site conditions with the City of Portland. Also see Multi-Family listing #164143272. See attached Developer’s Package. City of Portland Zoning information link is also attached shown as "Other".

4822 N VANCOUVER AVE, Portland

4822 N VANCOUVER AVE, Portland
$2,500,000
164143272 MLS
This property is currently used as a church facility. Located in the heart of the N Vancouver district between N Williams and N Vancouver corridors, this .85-acre parcel (approx. 37,000 SF) is zoned RM2. A rare opportunity for builders and developers it combines size, zoning, and location. This property has excellent potential for apartments, townhomes, or multi-dwelling construction in one of Portland’s most in-demand neighborhoods.Close to major employment centers, public transit, and neighborhood amenities, the location supports a wide range of development possibilities.A prime investment opportunity for builders and developers looking to capture scale and value in an area where parcels of this size are nearly impossible to find.Buyer to verify all zoning, development potential, and site conditions with the City of Portland. Also see land listing #324731957. See attached Developer’s Package. City of Portland Zoning information link is also attached shown as "Other".

4822 N VANCOUVER AVE, Portland

1515 N ROSA PARKS WAY, Portland
$2,499,000
779988081 MLS
Actual monthly rent is $18,769 for October 2026, with 80% occupancy, anticipated to reach 100% by the end of October. C-Channel Lofts built in 2021, this contemporary, three-story, multi-use commercial building is located in North Portland's Arbor Lodge neighborhood and includes fourteen loft-style one-bedroom apartments and a commercial space.  The one-bedroom apartments range from 391 to 476 square feet.  Apartment features include engineered hardwood floors, custom cabinetry, built-in shelves, stainless steel appliances, wood-framed windows, tiled floors and showers, in-unit washer and dryer, tall ceilings, and ductless mini-splits.  Secure access with a courtyard and secure bike storage room; units 101 and 102 have backyards.   The building is located at the intersection of N Rosa Parks Way and N Interstate Ave, with the MAX station and New Season located on N Interstate Ave.  The building is in an ideal location transit, shops, restaurants, parks, and coffee shops.  Incredible bike score of 100%. Check out the distance to University of Portland and Adidas Village. Pro forma CAP Rate of 6.6%.

1515 N ROSA PARKS WAY, Portland

7070 N MONTANA AVE, Portland
$2,170,000
382442110 MLS
Modern 6-unit investment in prime Arbor Lodge location! 100% occupancy rate. Close to the MAX Yellow Line and major transit routes, this rare multi-fam investment boasts high desirability for those seeking urban convenience. Built in 2019, this building boasts energy-efficient construction, luxury details and thoughtful amenities throughout. EnergyStar rated appliances, quartz and marble finishes, luxury vinyl plank flooring, washer and dryer in every unit, built-in dishwashers and microwaves, Navien tankless water heater, Daikin mini-split heat & AC, and secure front door and gate entries. Second and third floor units have attached decks while ground level units #101 and #102 offer both front patios and backyard space. One unit is ADA-compliant. Close to University of Portland, Adidas headquarters, Peninsula Park & Kenton District, New Seasons Market and more! Don't miss this chance to invest in this desirable North Portland neighborhood.

7070 N MONTANA AVE, Portland

9300 N New York AVE, Portland
$1,999,900
118067984 MLS
Acquire a brand new townhome community in St. Johns, combining modern construction, private outdoor spaces and neighborhood convenience in a distinctive investment offering. A consistent layout across the community provides a practical foundation for leasing and property oversight. Open main levels connect kitchens, dining and living areas, while ample windows welcome natural light. Heating and air conditioning via energy efficient mini splits provide comfort throughout the seasons, while contemporary finishes and upstairs laundry hookups add everyday convenience and tenant appeal. Tray ceilings and private primary ensuites add architectural detail and comfort, while fenced patios and yard spaces extend the living experience outdoors. An end home offers a larger yard that wraps around the home, creating an additional point of distinction when leasing. The walkable, bike friendly setting places neighborhood coffee shops, independent stores, dining and food carts nearby. Cathedral Park and Pier Park provide outdoor recreation, while the St. Johns Bridge connects to Forest Park and Northwest Portland. New construction and builder warranty coverage add appeal for investors seeking modern housing with fewer immediate renovation needs. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your home was meant to be.

9300 N New York AVE, Portland

220 SW 1ST AVE, Portland
$1,900,000
691061809 MLS
The Lombard Building presents a rare opportunity to acquire a meticulously renovated historic property in Portland's central core. Originally built in 1889, the building combines architectural character with modern functionality. The building's location delivers convenient connectivity with multiple MAX stations within a 5-minute walk, Union Station a 15-minute walk, and PDX airport a 21-minute drive. The surrounding Old Town/Chinatown district offers tenants and customers an amenity-rich environment with dining, shopping, and entertainment options, plus close proximity to waterfront parks and the Pearl District. With turnkey condition, tenant income, and unmatched transit access in one of Portland's most dynamic neighborhoods, this represents a compelling core investment opportunity. Seller has an active real estate license in OR.

220 SW 1ST AVE, Portland

7206 N SAINT LOUIS AVE, Portland
$1,899,000
22390670 MLS
Fully leased, income-producing 7-unit multifamily asset in North Portland, well suited for a 1031 exchange buyer seeking stable cash flow, diversified unit mix, and modern construction in a single acquisition. The property includes six newer-construction condominium residences plus a detached single-family home, offering multiple income streams and reduced operational concentration risk. The newer units feature efficient, renter-driven open-concept layouts with contemporary finishes, solid surface countertops, modern cabinetry, and neutral design selections that support strong leasing performance and long-term tenant retention. Unit mix ranges from studio to three-bedroom residences, allowing exposure to a broad tenant base and resilience across market cycles. The detached two-bedroom home includes a basement providing substantial storage and functional flexibility, enhancing tenant usability and operational convenience. The property is fully occupied, allowing an investor to step directly into stabilized income with no lease-up exposure. Located near the Cathedral Park neighborhood, one of North Portland’s most recognizable and tenant-favored areas, known for its riverfront setting beneath the iconic St. Johns Bridge, expansive green space, community events, and strong neighborhood identity that consistently drives rental demand. The location offers approximately 1.5 miles to Cathedral Park itself, under 1 mile to Pier Park and Columbia Park, and convenient access to dining, neighborhood retail, and services along N Lombard Street within roughly 0.75 miles. A 94 Bike Score and 91 Walk Score, nearby transit options, and proximity to employment centers and outdoor amenities further support long-term tenant appeal and durable rental performance. A rare opportunity to acquire a turnkey, stabilized multifamily investment combining modern construction, diversified income, and one of North Portland’s most sought-after neighborhood settings in a single cohesive package.

7206 N SAINT LOUIS AVE, Portland

8045 N PRINCETON ST, Portland
$1,800,000
363113754 MLS
Princeton Court is a 10-unit apartment community at 8045 N Princeton St, two blocks off the St. Johns town center. Every unit is the same 810 SF two-bedroom, one-bath floor plan with in-unit laundry and dishwasher, and the property is 100% occupied on a mix of fixed-term and month-to-month leases. Tenants reimburse water, sewer, and trash, and the building carries an unusually low-maintenance shell: a Duro-Last flat roof with lifetime warranty, on-demand gas hot water, solar thermal panels, insulation, and energy-efficient windows.The trailing twelve months produced $133,936 of NOI, a 7.44% cap rate on the asking price with zero vacancy. The upside is already proven in-house: one unit rents at $1,858 while four sit between $1,449 and $1,500, so a buyer reaches the $1,850 market rent, 16.8% above the current average, through ordinary turnover rather than renovation risk. A non-revenue basement studio offers additional future income.

8045 N PRINCETON ST, Portland

7694 N Montana AVE, Portland
$1,799,900
208472607 MLS
A rare opportunity to acquire a brand new six unit asset in North Portland, offering a diversified mix of one, two, and three bedroom residences with modern finishes, efficient layouts, and strong long term rental appeal. The offering includes two one bedroom homes, three two bedroom homes, and one three bedroom end unit, creating a balanced unit mix designed to appeal to a broad tenant pool. Interiors feature wide plank engineered hardwood flooring, warm oak cabinetry, solid surface countertops, contemporary fixtures, stainless steel appliances, and efficient mini split heating and cooling. Every residence also includes in unit laundry and its own private fenced patio, adding meaningful everyday function and outdoor space across the entire portfolio. The larger residences include multiple bathrooms and flexible bedroom configurations well suited for long term rental demand. With a 97 Bike Score and 83 Walk Score, residents enjoy convenient access to Farragut Park, Kenton neighborhood amenities, local dining and coffee, neighborhood shops, and the MAX Yellow Line. Offered as a complete six unit package, this is a compelling opportunity for an investor seeking new construction, minimal near term maintenance, strong North Portland location fundamentals, and a thoughtfully designed mix of residences in one cohesive offering.

7694 N Montana AVE, Portland

8309 8315 N DWIGHT AVE, Portland
$1,658,000
271936638 MLS
PRIME INVESTMENT OPPORTUNITY- 8 Plex in a highly walkable Portsmouth Neighborhood on two separate lots, with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 8-unit multifamily property. Situated on 0.58 acers in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features eight 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-operators looking for solid long term assets in a sought after neighborhood.

8309 8315 N DWIGHT AVE, Portland

8220 N EDISON ST, Portland
$1,650,000
177048273 MLS
8220-8236 N Edison Street is an attractive opportunity to acquire a well-located 9-unit multifamily asset in one of North Portland’s most walkable and character rich neighborhoods. Positioned in the heart of St. Johns, the property benefits from strong rental demand driven by the area’s neighborhood amenities and iconic views of the St.Johns Bridge.The property offers a desirable living environment with on-siteparking, bike storage, and shared laundry facilities in one of Portland’s most distinctive neighborhoods. Located just minutes from the St. Johns commercial district, tenants enjoy walkable access to local coffee shops, restaurants, parks, and everyday retail amenities. Cathedral Park, the Willamette River waterfront, and multiple transit options are all nearby, creating a highly livable, pedestrian friendlysetting that continues to attract a diverse renter base.For investors, this offers a stable multifamily investment in asupply constrained submarket with strong fundamentals. St. Johnscontinues to experience steady population growth and increasingdemand for well located rental housing. The property’s manageablescale, attractive neighborhood setting, and classic Portland character create an appealing opportunity for both seasoned investors and those seeking to enter the Portland multifamily market.8220 N Edison offers a combination of location, livability, and long term upside within one of Portland’s most distinctive neighborhoods.

8220 N EDISON ST, Portland

6214 N Kerby AVE, Portland
$1,649,900
542848396 MLS
Positioned directly across from 16 acre Peninsula Park, this newly constructed North Portland 4 plex offers a rare park front setting in the city. Set beneath mature trees along N Rosa Parks Way, Peninsula Park is a historic Piedmont landmark known for emerald lawns, recreation, and year round beauty. Crafted by a local boutique builder known for refined interior detailing, signature illuminated crown molding, architectural built ins, and designer accent walls, the property combines thoughtful design with efficient layouts in an iconic setting. The unit mix includes two spacious 3 bedroom, 2.5 bathroom front residences and two 2 bedroom, 2.5 bathroom rear residences. Each home opens to a great room style main level with tall ceilings, solid surface countertops, stainless steel appliances, extensive custom cabinetry, energy efficient mini splits for year round heating and cooling, and a convenient half bathroom. Upstairs, vaulted ceilings enhance the spacious feel and natural light, with laundry thoughtfully positioned between the bedrooms. The front homes offer exceptionally large yards rarely found with new construction in Portland, while the rear homes provide fenced outdoor spaces and off street parking. Directly across the street, Portland’s first public rose garden sits below street level, creating a secluded atmosphere with approximately 5,000 rose plants representing about 60 varieties. Peninsula Park also offers a community center and bandstand, playground, picnic lawns, splash pad, heated outdoor pool, sports courts, fields, paved paths, and green space. Nearby Mississippi, Williams, Killingsworth, Interstate, and Piedmont amenities provide coffee, dining, shopping, transit, and daily convenience. With four completed new construction homes, flexible unit configurations, private outdoor spaces, and a truly distinctive park front location, this property offers lasting appeal for investors, owner occupants, or multigenerational living.

6214 N Kerby AVE, Portland

9512 N OSWEGO AVE, Portland
$1,600,000
513605984 MLS
512-9524 N Oswego Avenue presents the opportunity to acquire a nine-unit apartment and duplex asset in Portland’s St. Johns neighborhood, a distinct North Portland submarket recognized for low vacancy, strong resident retention, and durable workforce housing demand.The property consists of a seven-unit apartment building and a duplex on a single tax lot. The unit mix is predominantly 2 Bed / 1 Bath units, which account for eight of the nine total units, with one additional 1 Bed / 1 Bath unit. The asset also features off-street parking for each unit, supporting tenant convenience and long-term retention.From a physical standpoint, all plumbing in the seven-unit building has been replaced with PEX, reducing deferred maintenance exposure at acquisition. The property offers a strong in-place yield with clear operational upside and a straightforward path to income growth. Utility reimbursements have already been partially implemented, establishing proof of concept for a full rollout across the asset. In-place rents also remain below market comparables, creating additional room for organic rent growth over time.St. Johns occupies a peninsula at the convergence of the Willamette and Columbia Rivers, a geography that reinforces the neighborhood’s self-contained character and tight rental dynamics. The property is located at the corner of N Fessenden Street and N Oswego Avenue, one block from the N Lombard Street corridor, with access to downtown Portland approximately nine miles south.

9512 N OSWEGO AVE, Portland

6841 N MONTANA AVE, Portland
$1,595,000
298974579 MLS
Modern six unit apartment property built in 2023 in vibrant Arbor Lodge. Thoughtfully designed across 3,774 square feet, the building includes four one bedroom residences and two two bedroom residences, creating a versatile unit mix with broad tenant appeal. Bright, open interiors feature tall ceilings, expansive windows, neutral designer tones, and contemporary kitchens with tile accents, solid surface countertops, and stainless steel appliances. In unit laundry and efficient layouts add everyday convenience, while private fenced outdoor space with a patio extends the living area. The newer construction and well planned layouts offer investors a compelling opportunity to add a quality income producing asset to their portfolio in a sought after North Portland setting. An 81 Walk Score and exceptional 92 Bike Score place residents near New Seasons Market, Arbor Lodge Park, neighborhood restaurants and shops, MAX, and bus service. Convenient connections to downtown Portland, Kenton, the Alberta Arts District, and major commuter routes further support long term rental appeal.

6841 N MONTANA AVE, Portland

2092 N Watts ST, Portland
$1,489,900
599886701 MLS
New construction investment opportunity in the heart of historic Kenton, offering a boutique collection of thoughtfully designed, townhouse style residences with features that help attract and retain quality tenants. Each home offers a highly livable layout with bedrooms and full bathrooms upstairs, a convenient main level half bathroom and open gathering spaces below, giving residents welcome separation between entertaining and everyday routines. Light filled living areas, kitchens with solid surface countertops and stainless steel appliances, and dedicated in home laundry provide the comfort and convenience renters value. Mini split heating and cooling offer year round climate control, a meaningful advantage over older rental inventory without air conditioning. Private decks and outdoor areas add room to relax, with the rear residence featuring the largest deck and fenced yard in the community. Durable modern finishes, new construction and a one year builder warranty further enhance the property's appeal. Just minutes from the independent shops and dining along N Denver Avenue, Kenton Park and MAX Yellow Line connections, the community combines a vibrant neighborhood setting with convenient access across Portland. A compelling rental portfolio opportunity that pairs modern living, functional floor plans and desirable outdoor space in an established North Portland location.

2092 N Watts ST, Portland

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.

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