6449 SE 88th AVE Portland, OR $ 1,829,900
6449 SE 88th AVE
$ 1,829,900
Recently Listed New Construction
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6449 SE 88th AVE

Portland, OR, 97266
$ 1,829,900
Bedrooms4 Baths6.0 Sq 5,224

Monthly Estimate*

$ 11,416

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Multi-Family Home for sale in Portland, OR

for $1,829,900 with 4 bedrooms and 6 full baths. This 5,224 square foot home was built in 2025 on a lot size of 0.16.

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.

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Multi-Family Active

Price

$ 1,829,900

Bedrooms

4

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

2025

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

381819522

Features
General
Sewer PublicSewer
Heating MiniSplit WallHeater
Cooling HeatPump MiniSplit
Roof Composition
Zoning R2.5
Garage Spaces 2.0
Security Features Sidewalk
Year Built 2025
Stories Count 2
Tax Year 2025
Parcel Number New Construction
Gross Income 120999.0
County Multnomah
Net Operating Income 88647.0
Operating Expense 32353.0
Property Type MultiFamily
HOA N
Subdivision Name LENTS
Rent Includes None
Status Active
Directions SE Duke St to SE 88th
High School Franklin
City Portland
Disclosures Exempt
Number Of Units Total 4
MLS Area _143
Lot Size Square Feet 6969.0
Listing Terms Conventional FHA VALoan
Elementary School Kelly
Tax Annual Amount 0
Middle/Junior High School Lane
Property Condition NewConstruction
Virtual Tour https://www.youtube.com/watch?v=mWJGwARkDec
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TBD
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Interior
Basement CrawlSpace
Storage None
Hot Water Electricity Tank
Unit 1 Baths Total 3
Unit 1 Beds Total 2
Unit 2 Baths Total 3
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Garage OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding LapSiding
Foundation Details Slab StemWall
Building Area Total 5224.0
Lot Dimensions 70x100
Lot Size Acres 0.16
Road Surface Type Paved
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Internal Only
Street Number 1 6449
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-709-4632

Contact

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$11,416
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Monthly Principal & Interest
$11,416
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Default based on a 30-year fixed rate of 6.375% 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
1950266 Elementary School
1950444 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$1,829,900 Listed Price

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6449 SE 88th AVE, Portland, OR, 97266 is a Multi-Family Home for sale at $1,829,900 with 5,224 sqft and a lot size of 0.16. 6449 SE 88th AVE has 4 bedrooms, 6.0 baths, and was built in 2025. The property's zip code is 97266 which is in Portland, OR