6439 SE 88th AVE, Portland, OR 97266

$1,813,900
5,224
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,813,900
Price Change
▼ $6,000 1777602697
Days on Market
221
MLS#
381819522
Property Type
Multifamily
Sqft. of Residence
5,224
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

Property Description

Introducing a rare new-construction multifamily opportunity featuring four detached homes thoughtfully designed as a boutique cottage cluster by a multi-year Street of Dreams builder and Builder of the Year award winner. This offering is well suited for long-term hold investors seeking modern construction, efficient systems, and durable rental demand in Southeast Portland. The front two homes are approximately 1,423 sqft each and include one-car garages with driveway parking, while the rear two homes are approximately 1,189 sqft each with street parking. All four homes feature three bedrooms and two and one-half bathrooms, creating a consistent and highly desirable unit mix. Each residence includes a dedicated in-unit laundry space and energy-efficient mini-split systems for year-round heating and cooling. The rear homes are highlighted by spacious kitchen islands with eat bars, enhancing functionality and tenant appeal. Detached construction, modern layouts, and brand-new systems support reduced maintenance expectations and long-term durability. The cottage cluster design offers privacy and individuality for tenants while remaining efficient from an ownership and management perspective. Manicured landscaping is in place throughout the shared common space, reinforcing curb appeal and creating an inviting community setting. Located in Southeast Portland, the property benefits from proximity to amenities that support consistent rental demand. Nearby favorites include Broken Rice Restaurant, DOYAJI, Sherpa Kitchen, Habanero Burrito, and Shiki Shiki Baba Turkish Kitchen, along with coffee spots such as Refuge Coffee House, Loro Coffee Montavilla, and Monti’s Cafe. Parklane Park offers nearby green space and recreation. A compelling opportunity to acquire brand-new, detached rental homes with a strong unit mix, efficient systems, and excellent neighborhood fundamentals.

Additional Information

Year Built
2025
High School
Franklin
Elementary School
Kelly
Middle School
Lane
Garage Spaces
2
Acres
0.16
Living Area
5,224
Stories
2
Subdivision
LENTS
Lot Size Dimension
70x100
Terms
Conventional, FHA, VA Loan
Cooling Description
Heat Pump, Mini Split
Fuel Description
Electricity
Heating Description
Mini Split, Wall Heater
Hoa Rent Includes
None
Hot Water Description
Electricity, Tank
Exterior Description
Cement Siding, Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Trees/Woods
Parking
Garage, On Street
Security Or Entry
Sidewalk
Parking Description
Garage, On Street
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
3
Unit Type One Beds Total
2
Unit Type One Rent
2550
Unit Type One Sq Ft
1423
Unit Type One Units Total
2
Unit Type Two Baths Total
3
Unit Type Two Beds Total
2
Unit Type Two Units Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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.