2890 NE 61st AVE Portland, OR $ 1,599,900
2890 NE 61st AVE
$ 1,599,900
Recently Listed New Construction
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2890 NE 61st AVE

Portland, OR, 97213
$ 1,599,900
Bedrooms5 Baths6.0 Sq 4,178

Monthly Estimate*

$ 9,851

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Multi-Family Home for sale in Portland, OR

for $1,599,900 with 5 bedrooms and 6 full baths. This 4,178 square foot home was built in 2026 on a lot size of 0.11.

Located in Portland’s desirable Rose City Park neighborhood, this newly constructed attached 4-plex offers a rare opportunity to acquire modern, low-maintenance multifamily in a highly rentable close-in NE location. The area boasts a very walkable setting and strong bike accessibility, making it especially appealing to tenants who value walkable amenities, bike access, and everyday convenience. Rose City Park is known for its residential charm paired with close proximity to the shops, restaurants, cafés, and daily conveniences along NE Sandy Blvd, further enhancing tenant desirability. The property features a strong and efficient unit mix totaling approximately 4,178 square feet, with two end units configured as 3 bedrooms and 2.5 bathrooms at approximately 1,177 square feet each, and two interior units configured as 2 bedrooms and 2.5 bathrooms at approximately 912 square feet each. All units are townhouse-style with private outdoor space and energy-efficient mini-split systems for year-round heating and cooling. The property was built and developed by a local boutique builder known for quality construction, high-end finishes, extensive built-ins, and distinctive accent walls throughout. Each residence is thoughtfully designed with high ceilings on the main level, open great room layouts, and upstairs laundry conveniently located between bedrooms. Bedrooms feature vaulted ceilings, enhancing natural light and tenant appeal. End units benefit from larger private yards, further supporting strong tenant demand. This is a compelling opportunity for investors seeking modern construction, strong unit differentiation, and durable rental demand in one of Portland’s most established and amenity-rich neighborhoods.

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Multi-Family Active

Price

$ 1,599,900

Bedrooms

5

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.11

Year Built

2026

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

653353170

Features
General
Sewer PublicSewer
Heating HeatPump MiniSplit WallHeater
Cooling HeatPump MiniSplit
Roof Composition
Zoning R2.5
Security Features Sidewalk
Year Built 2026
Stories Count 2
Tax Year 2026
Parcel Number New Construction
Gross Income 125631.0
County Multnomah
Net Operating Income 94177.0
Operating Expense 31455.0
Property Type MultiFamily
HOA N
Subdivision Name ROSE CITY PARK
Rent Includes None
Status Active
Directions NE Stanton To NE Sandy
High School Leodis McDaniel
City Portland
Disclosures Exempt
Number Of Units Total 4
MLS Area _142
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Rose City Park
Tax Annual Amount 0
Middle/Junior High School Roseway Heights
Property Condition UnderConstruction
Virtual Tour https://www.youtube.com/watch?v=EF1cKBJXoJY
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 3
Unit 2 Baths Total 3
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OnStreet
Lot Features CornerLot Level
Water Source PublicWater
Total Parking 0
Exterior Description BoardBattenSiding CementSiding LapSiding
Foundation Details ConcretePerimeter
Building Area Total 4178.0
Lot Dimensions 50x100
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 2890
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-709-4632

Contact

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$9,851
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Monthly Principal & Interest
$9,851
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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
3269613 Elementary School
3269618 Middle School
Leodis McDaniel High School High School
Pricing History
DatePricePrice ChangeDescription
1/28/2026$1,599,900 Listed Price

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2890 NE 61st AVE, Portland, OR, 97213 is a Multi-Family Home for sale at $1,599,900 with 4,178 sqft and a lot size of 0.11. 2890 NE 61st AVE has 5 bedrooms, 6.0 baths, and was built in 2026. The property's zip code is 97213 which is in Portland, OR