Recently Listed New ConstructionOpen House 1/10 10am - 12pm
2472 SE LINCOLN ST
Portland, OR, 97214 $ 2,219,900
Bedrooms8 Baths6.0 Sq 4,956 Monthly Estimate*
$ 13,668
for $2,219,900 with 8 bedrooms and 6 full baths. This 4,956 square foot home was built in 2025 on a lot size of 0.14.
Introducing a rare new-construction investment opportunity featuring three modern homes, thoughtfully designed and presented by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association. This offering delivers contemporary construction, efficient systems, and strong long-term rental appeal in a highly desirable close-in Southeast Portland location. The two end homes each offer approximately 1,645 square feet across three above-grade levels and include three full bathrooms, with each bedroom designed as an en-suite with its own dedicated bathroom and walk-in closet. The interior home offers approximately 1,666 square feet and includes two full en-suite bathrooms serving the bedrooms, plus a main-level half bath, creating flexibility while maintaining strong rental functionality. All three homes also include a main-level office that functions well as a fourth bedroom, providing meaningful rental upside. Open great-room layouts are anchored by gourmet kitchens featuring custom cabinetry with extensive storage, solid surface countertops with an eat bar, stainless steel appliances, and high ceilings that enhance light and volume. Efficient mini-split systems provide year-round heating and cooling, and each home includes a fully fenced, private backyard, a valuable amenity that supports tenant retention and premium rents. Tenants will enjoy proximity to sought-after neighborhood amenities including Coava Coffee Roasters, Stumptown Coffee Roasters, and Upper Left Roasters, along with dining and nightlife favorites such as Screen Door, Olympia Provisions, Loyal Legion, and Double Dragon. Nearby outdoor amenities include Colonel Summers Park, Laurelhurst Park, and convenient access to the Eastbank Esplanade. This offering is well positioned for investors seeking stable cash flow, modern design, and long-term hold potential, with flexibility to operate as a small portfolio or sell individually.
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Open House
1/10/2026 10:00 AM - 12:00 PM
2472 SE LINCOLN ST Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer PublicSewer
Heating MiniSplit
Cooling HeatPump MiniSplit
Roof Composition
Zoning R5
Garage Spaces 0
Security Features Sidewalk
Year Built 2025
Stories Count 3
Tax Year 2025
Parcel Number New Construction
Gross Income 133158.0
County Multnomah
Net Operating Income 93717.0
Operating Expense 39442.0
Property Type MultiFamily
HOA N
Subdivision Name HOSFORD-ABERNATHY
Rent Includes None
Status Active
Directions SE Hawthorne Blvd to SE 24th Ave to SE Lincoln St
High School Cleveland
City Portland
Disclosures Exempt
Number Of Units Total 3
MLS Area _143
Lot Size Square Feet 6098.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Abernethy
Tax Annual Amount 0
Middle/Junior High School Hosford
Property Condition NewConstruction
Virtual Tour https://www.youtube.com/watch?v=Sfwc6A2LguY
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TBD
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InteriorBasement CrawlSpace
Storage None
Hot Water Electricity Tank
Unit 1 Baths Total 3
Unit 1 Beds Total 4
Unit 2 Baths Total 3
Unit 2 Beds Total 4
Unit Type UnitTypeType1 UnitTypeType2
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ExteriorParking Features OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding LapSiding
Foundation Details Slab
Building Area Total 4956.0
Lot Dimensions 60.5x100
Lot Size Acres 0.14
Road Surface Type Paved
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* Excluded FeaturesList ByKeller Williams Realty Portland PremiereBroker
Affordability Calculator
- Monthly Principal & Interest
- $13,668
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbyMulti-family listings in Portland, OR
Average List Price $1,543,452
Percent of Sale Price 30%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949937 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/6/2026 | $2,219,900 | | Listed Price |