For Sale
$2,480,000

4045 115Th AvePortland, OR 97266

Six new detached homes, excellent ROI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents six brand-new, detached homes in Portland, Oregon's desirable Powellhurst-Gilbert neighborhood. The property comprises a mix of six units: four two-bedroom, two-and-one-half-bathroom homes and two four-bedroom, two-and-one-half-bathroom homes. Each unit boasts approximately 1,071 square feet of living space, featuring open-concept floor plans designed for modern living. Kitchens are highlighted by extensive tilework, custom cabinetry, and stainless steel appliances. Two units offer a main-level bedroom, ideal for a home office or guest room. Upstairs, spacious primary suites and additional bedrooms provide ample living space. The property sits on a 0.18-acre lot and is zoned R7. Built in 2024, the two-story buildings offer a one-year builder warranty, providing peace of mind for the investor. Conveniently located near parks, coffee shops, restaurants, and grocery stores, this property offers a compelling combination of new construction, desirable unit mix, and a strong rental market. The total square footage is 6,430, with a total of 16 bedrooms across the six units. This multifamily property represents a rare opportunity for significant return on investment.

Highlights

  • Light and bright interiors.
  • One-year builder warranty.
  • Desirable unit mix: four 2-bed/2-bath and two 4-bed/2.5-bath homes.

Property Details for 4045 115Th Ave

Property type
Residential income homes, Dormitories
Square Feet
6,430 SF
Year Built
2024
Buildings
6
Stories
2
Lot Size (sq. ft)
7,841 SF
Units
6

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.492679
Longitude
-122.5448816
4045 115Th Ave, Portland, Oregon

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4045 115Th Ave
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