Recently Listed New ConstructionOpen House 5/17 1pm - 3pm
3614 SW Vermont ST
Portland, OR, 97219 $ 3,229,900
Bedrooms6 Baths8.0 Sq 6,782 Monthly Estimate*
$ 19,887
for $3,229,900 with 6 bedrooms and 8 full baths. This 6,782 square foot home was built in 2026 on a lot size of 0.2.
A rare SW Portland cottage cluster opportunity, this newly built 8 home offering pairs detached residential design with strong rental fundamentals near Gabriel Park and Multnomah Village. The unit mix includes two 1 bedroom, 1.1 bathroom homes, four 2 bedroom, 2.1 bathroom homes, and two 3 bedroom, 2.1 bathroom homes, totaling 16 bedrooms, 14 full bathrooms, and 8 half bathrooms across the portfolio. Designed as detached cottage style homes, the property gives an investor the efficiency of a multifamily asset with the privacy, identity, and resident appeal of standalone living. Built by a local boutique builder renowned for attention to detail, elevated finishes, and a thoughtful approach to efficient living, the homes are intentionally scaled for lower maintenance ownership and broad tenant appeal. Interior features include open main level living areas, kitchen islands with eat bars in select homes, upstairs laundry, walk in closets in select bedrooms, energy efficient mini splits for year round heating and cooling, and 2-10 builder warranty coverage for added confidence. The cottage cluster setting includes individual entries, a central community walkway, bike parking, and distinct cottage inspired features that give the community a polished neighborhood presence. From a retention standpoint, the location is a major strength: Gabriel Park is just steps away, giving residents easy access to trails, open green space, sports courts, a dog area, playground, and everyday recreation without needing to drive. Nearby Multnomah Village adds coffee, dining, shops, bakeries, neighborhood services, and a recognizable village feel that can help residents stay connected to daily conveniences close to home. With new construction, detached layouts, strong amenity proximity, and practical floor plans, this offering is well positioned for long term rental demand and resident satisfaction.
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Open House
5/17/2026 1:00 PM - 3:00 PM
3614 SW Vermont 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 R7
Garage Spaces 0
Security Features Sidewalk
Year Built 2026
Stories Count 2
Parcel Number New Construction
Gross Income 0
County Multnomah
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Subdivision Name MULTNOMAH
Rent Includes None
Status Active
Directions SW Capitol Hwy to SW Vermont St east on SW Vermont to property at SW Vermont and SW 36th Ave.
High School Ida B Wells
City Portland
Disclosures Exempt
Number Of Units Total 8
MLS Area _148
Lot Size Square Feet 8712.0
Listing Terms Cash Conventional
Elementary School Maplewood
Tax Annual Amount 0
Middle/Junior High School Jackson
Property Condition NewConstruction
Virtual Tour https://www.youtube.com/watch?v=4ccPjeY8sYU
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 3
Unit 2 Baths Total 3
Unit 2 Beds Total 2
Unit 3 Baths Total 2
Unit 3 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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ExteriorParking Features OnStreet
Lot Features Level PublicRoad
Water Source PublicWater
Total Parking 0
Exterior Description BoardBattenSiding CementSiding LapSiding ShakeSiding
Foundation Details ConcretePerimeter StemWall
Building Area Total 6782.0
Lot Dimensions Approx. 86.5x100
Lot Size Acres 0.2
Road Surface Type Paved
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* Excluded FeaturesList ByKeller Williams Realty Portland PremiereBroker
Affordability Calculator
- Monthly Principal & Interest
- $19,887
- 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 $1,453,788
Percent of Sale Price 55%
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.
3254086 Elementary School
3254087 Middle School
Ida B Wells High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/12/2026 | $3,229,900 | | Listed Price |