Recently Listed New Construction 10216 SW 61ST AVE
Portland, OR, 97219 $ 1,424,900
Bedrooms8 Baths6.0 Sq 3,947 Monthly Estimate*
$ 9,841
for $1,424,900 with 8 bedrooms and 6 full baths. This 3,947 square foot home was built in 2026 on a lot size of 0.19.
Brand new two residence multifamily investment opportunity in Southwest Portland’s Ashcreek Crestwood neighborhood, offering nearly 4,000 square feet of combined living space across two thoughtfully designed residences. Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the property combines new construction appeal with a diversified unit mix designed to attract a broad tenant pool. The larger residence offers four bedrooms, three and a half bathrooms and approximately 2,087 square feet, including a main level bedroom that can function as flexible living or work space, a private patio and a generous interior layout. The second residence offers three bedrooms, two and a half bathrooms and approximately 1,860 square feet, highlighted by an attached garage, an increasingly desirable amenity in Portland new construction, along with a private patio and additional upstairs family room or flex space. Both residences feature open main level living areas, dedicated laundry and contemporary floor plans designed for everyday function and long term tenant appeal. Located near Multnomah Village, Gabriel Park, Dickinson Park and Barbur World Foods, the property offers convenient access to recreation, shopping, dining and major Southwest Portland routes. The differing four bedroom and three bedroom layouts broaden the potential tenant pool, while private outdoor spaces, dedicated laundry, flexible living areas and an attached garage on one residence provide the everyday features renters value. A compelling opportunity to acquire a brand new two residence investment property with differentiated floor plans, desirable amenities and less immediate maintenance and upkeep to worry about than many older multifamily properties.
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning R7
Garage Spaces 1.0
Security Features Sidewalk
Year Built 2026
Stories Count 2
Tax Year 2026
Parcel Number R713166
Gross Income 92283.0
County Multnomah
Net Operating Income 63402.0
Operating Expense 25753.0
Property Type MultiFamily
HOA N
Subdivision Name ASHCREEK-CRESTWOOD
Rent Includes None
Status Active
Directions SW Taylors Ferry Rd to SW 61st Ave. South on SW 61st Ave to property on left.
High School Ida B Wells
City Portland
Disclosures Exempt
Number Of Units Total 2
MLS Area _148
Lot Size Square Feet 8276.0
Listing Terms Cash Conventional
Elementary School Markham
Tax Annual Amount 0
Middle/Junior High School Jackson
Property Condition UnderConstruction
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TUALATIN SLOPES BLOCK 7 LOT 4&5 TL 2001
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InteriorBasement CrawlSpace
Storage None
Hot Water Gas Tank
Unit 1 Baths Total 3
Unit 1 Beds Total 5
Unit 2 Baths Total 3
Unit 2 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2
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ExteriorParking Features Driveway OnStreet
Lot Features Level PublicRoad
Water Source PublicWater
Total Parking 1.0
Exterior Description Cedar CementSiding LapSiding Panel
Foundation Details ConcretePerimeter StemWall
Building Area Total 3947.0
Lot Dimensions Irregular
Lot Size Acres 0.19
Road Surface Type Paved
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* Excluded FeaturesList ByKeller Williams Realty Portland PremiereBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,841
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 $1,493,665
Percent of Sale Price 5%
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.
3254080 Elementary School
3254087 Middle School
Ida B Wells High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/8/2026 | $1,424,900 | | Listed Price |