Recently Listed New Construction 7488 SE 51st AVE
Portland, OR, 97206 $ 1,459,900
Bedrooms8 Baths9.0 Sq 4,271 Monthly Estimate*
$ 9,218
for $1,459,900 with 8 bedrooms and 9 full baths. This 4,271 square foot home was built in 2026 on a lot size of 0.11.
Brand new four unit investment opportunity offering 4,271 total square feet and a versatile mix of two three bedroom end homes and two two bedroom interior homes. The three bedroom residences provide 1,188 and 1,237 square feet, while each two bedroom residence offers 923 square feet. Every home includes 2½ bathrooms and a carefully planned two story layout with tall ceilings, abundant natural light, and open living, dining, and kitchen spaces. Each kitchen is centered around an island with an eat bar, while a main level ½ bathroom adds convenience. Sliders connect the living rooms to private fenced outdoor spaces, with the rear home featuring the community's largest yard. Upstairs, each residence includes two full bathrooms, dedicated laundry, and either two or three bedrooms. Mini splits provide energy efficient year round heating and cooling. Individual utility infrastructure and no shared interior common areas support streamlined management, while durable fiber cement lap siding and composition roofing contribute to low maintenance ownership. Crafted by a local family builder with roots in finish carpentry, each home reflects enduring craftsmanship, forward thinking design, and a commitment to strengthening Portland's neighborhoods. Built better from the finish up. Brentwood Park, Brentwood Community Garden, Mt. Scott Community Center, New Seasons Market, and the restaurants, cafes, shops, and local businesses along Woodstock Boulevard and the Foster corridor are all nearby. A compelling opportunity to acquire four new construction residences with private outdoor spaces, modern systems, and thoughtful designs in Southeast Portland.
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FeaturesGeneralSewer PublicSewer
Heating HeatPump MiniSplit WallHeater
Cooling HeatPump MiniSplit
Roof Composition
Zoning R2.5
Year Built 2026
Stories Count 2
Parcel Number New Construction
Gross Income 120884.0
County Multnomah
Net Operating Income 92939.0
Operating Expense 15729.0
Property Type MultiFamily
HOA N
Subdivision Name BRENTWOOD - DARLINGTON
Rent Includes None
Status Active
Directions I-205 to Exit 16 west on SE Johnson Creek Blvd right on SE Flavel Dr right on SE 51st Ave.
High School Cleveland
City Portland
Disclosures Exempt
Number Of Units Total 4
MLS Area _143
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional VALoan
Elementary School Lewis
Tax Annual Amount 0
Middle/Junior High School Sellwood
Property Condition NewConstruction
Virtual Tour https://www.youtube.com/watch?v=1AqyzDMuzq8
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TBD
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InteriorBasement CrawlSpace
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 3
Unit 3 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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ExteriorParking Features OffStreet OnStreet
Lot Features Level PublicRoad
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding LapSiding
Foundation Details ConcretePerimeter StemWall
Building Area Total 4271.0
Lot Dimensions 50'x100'
Lot Size Acres 0.11
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* Excluded FeaturesList ByKeller Williams Realty Portland PremiereBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,218
- 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 $1,492,083
Percent of Sale Price 2%
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.
1950299 Elementary School
1948901 Middle School
Cleveland High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/7/2026 | $1,429,900 | | Listed Price |