2892 NE 61st AVE Portland, OR $ 1,599,900
2892 NE 61st AVE
$ 1,599,900
New Construction
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2892 NE 61st AVE

Portland, OR, 97213
$ 1,599,900
Bedrooms5 Baths6.0 Sq 3,001

Monthly Estimate*

$ 10,102

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Multi-Family Home for sale in Portland, OR

for $1,599,900 with 5 bedrooms and 6 full baths. This 3,001 square foot home was built in 2026 on a lot size of 0.11.

Located in Portland’s desirable Rose City Park neighborhood, this fully completed three unit offering presents a rare opportunity to acquire a modern, move-in ready multifamily asset in a highly rentable close-in Northeast Portland location. Its very walkable setting and strong bike accessibility appeal to tenants who value neighborhood amenities and everyday convenience, with shops, restaurants, cafes, groceries, parks, and transit along NE Sandy Blvd and throughout the Hollywood District supporting long term tenant demand. The property includes three townhouse style residences with a balanced mix of two and three bedroom layouts, creating flexibility across the prospective tenant pool. Designed and developed by a renowned local builder known for efficient use of space, distinct accent walls with built-ins, and integrated lighting features, each residence pairs polished design with a highly functional layout. High ceilings and open great room living define the main levels, while kitchens feature solid surface countertops, stainless steel appliances, generous cabinetry, and islands with eat bars. Upstairs bedrooms feature vaulted ceilings, crown molding with integrated lighting, and conveniently located laundry. Energy efficient mini splits provide year round heating and cooling. Each residence also includes private outdoor space, with the end unit benefiting from a larger fenced yard that further supports tenant appeal. All three homes are fully complete and move-in ready, eliminating construction or lease up delays and allowing an investor to immediately begin positioning the property for occupancy. With modern construction, practical layouts, distinctive finishes, and a strong close in location, this is a compelling opportunity for investors seeking a low maintenance asset with 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 92523.0
County Multnomah
Net Operating Income 65877.0
Operating Expense 23434.0
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 3
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=JwkKaKlySr8
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 3001.0
Lot Dimensions 50x100
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 2892
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-709-4632

Contact

Affordability Calculator

$10,102
Per Month
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Monthly Principal & Interest
$10,102
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Default based on a 30-year fixed rate of 6.49% 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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2892 NE 61st AVE, Portland, OR, 97213 is a Multi-Family Home for sale at $1,599,900 with 3,001 sqft and a lot size of 0.11. 2892 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