7468 SE Tolman ST, Portland, OR 97206
- $3,439,900
- 9,454
- SqFt
- List Price
- $3,439,900
- Price Change
- ▼ $20,000 1777601485
- Days on Market
- 139
- MLS#
- 259374040
- Property Type
- Multifamily
- Sqft. of Residence
- 9,454
- Lot Size
- 7, 000 to 9, 999 SqFt
- Region
- Portland Southeast
- Status
- ACTIVE
Property Description
Ideally located just 2.5–3 miles from the vibrant restaurants, cafés, bars, and neighborhood retail of SE Woodstock Blvd, this offering includes all eight homes within the newly constructed community, presenting a rare opportunity to acquire an entire small scale rental development in Southeast Portland. Designed and developed by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the offering reflects thoughtful planning, efficient layouts, and durable construction suited for long term ownership and reduced maintenance exposure. The community consists of four three bedroom homes and four two bedroom homes, each offering two and a half bathrooms and well designed two story floor plans that maximize functionality and tenant livability. Main levels feature spacious open concept great rooms with seamless flow between living, dining, and kitchen areas, creating flexible layouts that appeal to a broad tenant base. Gourmet kitchens offer generous solid surface countertop space, stainless steel appliances, ample cabinetry, and large islands with eat bar seating, plus a convenient main level half bath. Upper levels include primary suites with ensuite baths, dedicated hall baths for secondary bedrooms, and upstairs laundry positioned between bedrooms. Homes include private outdoor spaces, with the rear homes offering larger yard areas that add outdoor flexibility and rental appeal. Energy efficient ductless heat pump systems provide year round comfort and efficiency. Daily conveniences line nearby SE 82nd Avenue within roughly half a mile, and Lents Park, approximately 1.1 miles away, offers expansive greenspace, walking paths, and sports facilities supporting tenant retention. Pro forma financials indicate an estimated 5.39% cap rate, positioning this asset as a balanced investment opportunity combining stable yield potential with long term appreciation in a consistently desirable Southeast Portland corridor.
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Additional Information
- Year Built
- 2026
- High School
- Franklin
- Elementary School
- Woodmere
- Middle School
- Lane
- Acres
- 0.22
- Living Area
- 9,454
- Stories
- 2
- Subdivision
- MT SCOTT - ARLETA
- Lot Size Dimension
- 100x100
- Terms
- Cash, Conventional, FHA, VA Loan
- Cooling Description
- Heat Pump, Mini Split
- Fuel Description
- Electricity
- Heating Description
- Mini Split
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Cedar, Cement Siding, Lap Siding, Panel
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Parking
- On Street
- Security Or Entry
- Security Gate, Sidewalk
- Parking Description
- On Street
- Road Surface
- Paved
- Number Of Units Total
- 8
- Unit Type One Baths Total
- 3
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 2750
- Unit Type One Sq Ft
- 1264
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 3
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 2
- Unit Type Three Baths Total
- 3
- Unit Type Three Beds Total
- 3
- Unit Type Three Rent
- 3100
- Unit Type Three Sq Ft
- 1313
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 3
- Unit Type Four Beds Total
- 2
- Unit Type Four Rent
- 2950
- Unit Type Four Sq Ft
- 1344
- Unit Type Four Units Total
- 1
- Unit Type Five Rent
- 2450
- Unit Type Five Sq Ft
- 1071
- Unit Type Five 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.