1873 SE Tacoma ST Portland, OR $ 2,359,400
1873 SE Tacoma ST
$ 2,359,400
New Construction
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1873 SE Tacoma ST

Portland, OR, 97202
$ 2,359,400
Bedrooms8 Baths12.0 Sq 5,476

Monthly Estimate*

$ 14,527

1873 SE Tacoma ST, Portland, OR 97202 - Image 1
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Multi-Family Home for sale in Portland, OR

for $2,359,400 with 8 bedrooms and 12 full baths. This 5,476 square foot home was built in 2025 on a lot size of 0.11.

Investor Opportunity: This brand-new 6-plex at 1823 SE Tacoma St offers a rare chance to acquire a never-before-occupied, modern multi-family property in Portland’s desirable Arbor Lodge neighborhood. All six units are move-in ready, allowing for seamless tenant turnover and immediate income potential. Each unit features its own dedicated laundry space and a private yard with patio, enhancing tenant comfort and appeal. Additionally, all units are individually metered for convenience. As a new construction property, the building boasts contemporary finishes, energy-efficient systems, and high-quality materials, minimizing maintenance and replacement costs. Its prime Arbor Lodge location ensures strong rental appeal, with tenants enjoying proximity to Arbor Lodge Park, local dining and coffee shops, boutique retail, and excellent transit access via nearby bus lines and the MAX light rail. With its modern design, move-in readiness, and tenant-friendly amenities, this 6-plex offers a turnkey opportunity for investors seeking immediate cash flow and long-term appreciation potential in Portland’s rental market.

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Multi-Family Active

Price

$ 2,359,400

Bedrooms

8

Full Bath

12

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.11

Year Built

2025

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

517004408

Features
General
Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Zoning RM2
Garage Spaces 0
Year Built 2025
Stories Count 2
Tax Year 2025
Parcel Number New Construction
Gross Income 145317.0
County Multnomah
Net Operating Income 105502.0
Operating Expense 39815.0
Property Type MultiFamily
HOA N
Subdivision Name SELLWOOD - MORELAND
Rent Includes None
Status Active
Directions Hwy 99 to SE Tacoma St
High School Cleveland
City Portland
Disclosures Exempt
Number Of Units Total 6
MLS Area _143
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Llewellyn
Tax Annual Amount 0
Middle/Junior High School Sellwood
Property Condition NewConstruction
Virtual Tour https://www.youtube.com/watch?v=RodBue1c1qo&feature=youtu.be
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TBD
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Interior
Basement CrawlSpace
Storage None
Hot Water Electricity
Unit 1 Baths Total 3
Unit 1 Beds Total 2
Unit 2 Baths Total 3
Unit 2 Beds Total 2
Unit 3 Baths Total 3
Unit 3 Beds Total 2
Unit 4 Baths Total 3
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description Cedar CementSiding LapSiding
Foundation Details ConcretePerimeter
Building Area Total 5476.0
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 1873
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-709-4632

Contact

Affordability Calculator

$14,527
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,527
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1948987 Elementary School
1948901 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$2,299,900 -2.95% Price Down
12/4/2025$2,369,900 -2.87% Price Down
11/6/2025$2,439,900 -2.40% Price Down
10/24/2025$2,499,900 Listed Price

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1873 SE Tacoma ST, Portland, OR, 97202 is a Multi-Family Home for sale at $2,359,400 with 5,476 sqft and a lot size of 0.11. 1873 SE Tacoma ST has 8 bedrooms, 12.0 baths, and was built in 2025. The property's zip code is 97202 which is in Portland, OR