2892 NE 61st AVE, Portland, OR 97213

Property Description

Located in Portland’s desirable Rose City Park neighborhood, this fully completed three unit offering presents a rare opportunity to acquire a modern, move-in ready multifamily asset in a highly rentable close-in Northeast Portland location. Its very walkable setting and strong bike accessibility appeal to tenants who value neighborhood amenities and everyday convenience, with shops, restaurants, cafes, groceries, parks, and transit along NE Sandy Blvd and throughout the Hollywood District supporting long term tenant demand. The property includes three townhouse style residences with a balanced mix of two and three bedroom layouts, creating flexibility across the prospective tenant pool. Designed and developed by a renowned local builder known for efficient use of space, distinct accent walls with built-ins, and integrated lighting features, each residence pairs polished design with a highly functional layout. High ceilings and open great room living define the main levels, while kitchens feature solid surface countertops, stainless steel appliances, generous cabinetry, and islands with eat bars. Upstairs bedrooms feature vaulted ceilings, crown molding with integrated lighting, and conveniently located laundry. Energy efficient mini splits provide year round heating and cooling. Each residence also includes private outdoor space, with the end unit benefiting from a larger fenced yard that further supports tenant appeal. All three homes are fully complete and move-in ready, eliminating construction or lease up delays and allowing an investor to immediately begin positioning the property for occupancy. With modern construction, practical layouts, distinctive finishes, and a strong close in location, this is a compelling opportunity for investors seeking a low maintenance asset with durable rental demand in one of Portland’s most established and amenity rich neighborhoods.