Recently Listed New ConstructionOpen House 8/30 10am - 12pm
7252 SW 1st AVE
Portland, OR, 97219 $ 1,039,900
Bedrooms3 Baths3.0 Sq 2,540 Monthly Estimate*
$ 6,566
for $1,039,900 with 3 bedrooms and 3 full baths. This 2,540 square foot home was built in 2026 on a lot size of 0.1.
Two brand new South Portland residences offered together create a flexible investment opportunity with 6 bedrooms and 6 full bathrooms across two matching homes. The side-by-side configuration opens the door to multiple ownership strategies: occupy one residence and lease the other for supplemental income, hold both as long-term rentals, or use the second home as a separate but nearby living space for an extended household, guests or changing needs over time. Each 3 bedroom, 3 bath residence offers a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel Whirlpool appliances, black fixtures and detailed millwork give both interiors a polished, cohesive finish. Each home also includes dedicated off street parking via its driveway/parking pad, a fenced backyard and covered patio, pairing private outdoor space with low maintenance landscaping and a manageable yard size. Minisplit heating and cooling, individual laundry areas, separate street addresses and no HoA add everyday convenience and long term flexibility for an owner occupant or investor. Whether the goal is to offset housing costs with rental income, create two independent rental streams or maintain two separate residences in one location, this property offers options that are difficult to replicate with a traditional duplex. Enjoy a South Portland location near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. 2-10 Builder Warranty coverage is included at closing.
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Open House
8/30/2026 10:00 AM - 12:00 PM
7252 SW 1st AVE 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 HeatPump MiniSplit
Cooling HeatPump MiniSplit
Roof Composition
Zoning R5
Security Features Sidewalk
Year Built 2026
Stories Count 2
Parcel Number R732659
Gross Income 72248.0
County Multnomah
Net Operating Income 51869.0
Operating Expense 20379.0
Property Type MultiFamily
HOA N
Subdivision Name SOUTH PORTLAND
Rent Includes None
Status Active
Directions Barbur Blvd east on SW Miles St north on SW 1st Ave to property
High School Ida B Wells
City Portland
Disclosures Exempt
Number Of Units Total 2
MLS Area _148
Lot Size Square Feet 4356.0
Listing Terms Cash Conventional VALoan
Elementary School Rieke
Tax Annual Amount 0
Middle/Junior High School Robert Gray
Property Condition NewConstruction
Virtual Tour https://www.youtube.com/watch?v=SZXzAThjY5s
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description CORBETT TERR RPLT BLOCK 1 LOT 8 EXC S 5'
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InteriorBasement CrawlSpace
Storage None
Hot Water Electricity Tank
Unit 1 Baths Total 3
Unit 1 Beds Total 3
Unit Type UnitTypeType1
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ExteriorParking Features Driveway OffStreet
Lot Features Level PublicRoad
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding LapSiding
Foundation Details ConcretePerimeter StemWall
Building Area Total 2540.0
Lot Dimensions Irregular
Lot Size Acres 0.1
Road Surface Type Gravel
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* Excluded FeaturesList ByKeller Williams Realty Portland PremiereBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,566
- 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 $1,606,817
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.
3254079 Elementary School
3254083 Middle School
Ida B Wells High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/24/2026 | $1,039,900 | | Listed Price |