4895 NE CESAR E CHAVEZ BLVD
Portland, OR, 97211 $ 1,509,900
Bedrooms5 Baths6.0 Sq 3,619 Monthly Estimate*
$ 9,534
for $1,509,900 with 5 bedrooms and 6 full baths. This 3,619 square foot home was built in 2026 on a lot size of 0.08.
Secure a collection of three newly built detached cottage homes in the heart of Beaumont-Wilshire, offering a rare opportunity to acquire modern rental product in one of NE Portland’s most established neighborhoods. Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the offering includes two 3/2.1 homes and one 2/2.1 home designed for long term livability, broad tenant appeal, and reduced near term maintenance. Each home offers the privacy and residential feel of detached living with open great room style main levels, brand new stainless steel appliances, solid surface countertops, main level half baths, upstairs laundry, and efficient mini split heating and cooling. Functional bedroom and bathroom layouts create flexibility for couples, families, roommates, or work from home needs, helping broaden the potential tenant pool and support retention. Beaumont-Wilshire adds another layer of rental appeal with an established neighborhood feel, convenient access throughout NE Portland, and everyday amenities close to home. Tenants can pick up groceries at Beaumont Market or New Seasons, grab coffee and doughnuts at Pip’s Original, stop by Grand Central Bakery, meet friends for dinner at Amalfi’s, or spend an afternoon at Wilshire Park. Beaumont Village adds more restaurants, shops, coffee, and neighborhood services nearby. The combination of detached new construction, modern systems, desirable layouts, and a lifestyle oriented location creates a compelling long term hold opportunity with low maintenance ownership and strong rental potential.
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FeaturesGeneralSewer PublicSewer
Heating MiniSplit
Cooling HeatPump MiniSplit
Roof Composition
Zoning R5
Garage Spaces 0
Security Features Sidewalk
Year Built 2026
Stories Count 2
Parcel Number New Construction
Gross Income 108840.0
County Multnomah
Net Operating Income 80827.0
Operating Expense 28014.0
Property Type MultiFamily
HOA N
Subdivision Name BEAUMONT - WILSHIRE
Rent Includes None
Status Active
Directions Take Exit 3 for Cesar Chavez Blvd; head north on NE Cesar Chavez Blvd; continue to 4841 on the right
High School Jefferson
City Portland
Disclosures Exempt
Number Of Units Total 3
MLS Area _142
Lot Size Square Feet 3484.0
Listing Terms Cash Conventional
Elementary School Vernon
Tax Annual Amount 0
Middle/Junior High School Vernon
Property Condition NewConstruction
Virtual Tour https://www.youtube.com/watch?v=neMmz1ZAt0s
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 2
Unit 2 Baths Total 3
Unit 2 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2
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ExteriorParking Features OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description Cedar CementSiding LapSiding
Foundation Details ConcretePerimeter StemWall
Building Area Total 3619.0
Lot Size Acres 0.08
Road Surface Type Paved
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* Excluded FeaturesList ByKeller Williams Realty Portland PremiereBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,534
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbyMulti-family listings in Portland, OR
Average List Price $1,561,919
Percent of Sale Price 3%
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.
1951195 Elementary School
1949638 Middle School
Jefferson High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/26/2026 | $1,509,900 | -23.74% | Price Down |
| 5/6/2026 | $1,979,900 | | Listed Price |