7262 SW 1st AVE, Portland, OR 97219

$2,059,900
5,080
SqFt

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List Price
$2,059,900
Status
ACTIVE
Days on Market
18
MLS#
721738351
Year Built
2026
Living Area
5,080
Lot Size
8,276
Acres
0.19
Subdivision
SOUTH PORTLAND
Neighborhood
SOUTH PORTLAND
MLS Area Major
Portland NW/ SW/ S, Raleigh Hills

Property Description

Four brand new South Portland residences across two matching buildings create a rare opportunity to acquire an entire new construction rental portfolio in one location. With four separate 3 bedroom, 3 full bathroom homes, the property offers multiple investment strategies: lease all four for diversified rental income, occupy one residence while renting the remaining three to help offset ownership costs, or create a flexible combination of personal use and long term rentals. Each home features a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel Whirlpool appliances, black fixtures and detailed millwork give each residence a polished, consistent finish. The 7250/7252 building offers dedicated driveways for off street parking, while 7260/7262 feature larger fenced yards with lawn space. All four homes include covered patios, private outdoor areas, minisplit heating and cooling, individual laundry areas and separate street addresses. No HoA or monthly association dues helps keep the ownership structure straightforward. Located in South Portland near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. 2-10 Builder Warranty coverage is included at closing.

Additional Information

Zoning
R5
Stories
2
Parking
Off Street, On Street
Parking Features
Off Street, On Street
Elementary School
Rieke
Middle School
Robert Gray
High School
Ida B Wells
View
Trees/Woods

Listing courtesy of Keller Williams Realty Portland Premiere.

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