Description

This property presents a rare opportunity to acquire a brand-new, 2026-built, four-unit multifamily asset in one of Portland's most coveted inner eastside locations, perfectly positioned halfway between SE Division St and SE Hawthorne Blvd. The property features a distinctive four-corners floor plan, with each unit occupying its own corner of the lot for maximum privacy and livability. Each of the four 2-bedroom, 1.5-bath units (~980 SF) is finished to a high standard, including engineered hardwood floors, Carrara marble baths with heated floors, Carrara quartz countertops with full-slab backsplashes, custom cabinetry, mini-split heating and cooling, and generous attic storage. Fiber cement exterior, all-electric utilities, and public water/sewer round out a low-maintenance profile ideal for long-term ownership.

The projected annual gross income of $144,000 and the ability to customize finishes make this an exceptional turn-key investment or owner-occupant opportunity in a neighborhood that consistently commands strong rental demand.