2892 NE 61st Ave, Portland, OR 97213

$1,599,900
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Property Description

Located in Portland's desirable Rose City Park neighborhood, this newly constructed attached 4 plex presents a rare opportunity to acquire a modern, low maintenance multifamily asset in a highly rentable close in Northeast Portland location. Its very walkable setting and strong bike accessibility appeal to tenants who value neighborhood amenities and everyday convenience. Shops, restaurants, cafes, groceries, parks, and transit along NE Sandy Blvd and throughout the Hollywood District further support long term tenant demand. The property offers an efficient unit mix totaling approximately 4,178 square feet. Two end units provide 3 bedrooms, 2.5 bathrooms, and approximately 1,177 square feet each, while two interior units provide 2 bedrooms, 2.5 bathrooms, and approximately 912 square feet each. The mix broadens the prospective tenant pool and creates meaningful differentiation across the property. Crafted by a local boutique builder known for refined interior detailing, signature illuminated crown molding, architectural built ins, and designer accent walls, each townhouse style residence pairs polished design with a highly functional layout. High ceilings and open great room living define the main levels, while conveniently located upstairs laundry adds everyday ease. Bedrooms feature vaulted ceilings that enhance the bright, spacious atmosphere. Each residence also includes private outdoor space and energy efficient mini splits for year round heating and cooling, while the end units benefit from larger private yards that further support tenant appeal. These amenities add practical value and help the homes stand apart in the rental market. With all four units offering modern construction, practical layouts, and distinctive details, this is a compelling opportunity for investors seeking a low maintenance asset with durable rental demand in one of Portland's most established and amenity rich neighborhoods.

2892 NE 61st Ave | MLS# 653353170

This multi-family property located at 2892 NE 61st Ave, Portland, OR 97213 is currently listed for sale with an asking price of $1,599,900. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Heat Pump, MiniSplit
Fuel Type: Electricity
Heating: Heat Pump, Mini Split, WallHeater
Lot Size: 0.11 Acres
Roof Type: Composition
Stories: 2.0
Year Built: 2026
Square Feet: 4,178

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 3
Features: AirConditioning, Dishwasher, Range, WasherDryerHookup
Rent: $2950.00
Square Footage: 1177
Total Units: 2
Unit Type 2:
Bathroom(s): 3
Bedrooms: 2
Features: AirConditioning, Dishwasher, Range, WasherDryerHookup
Rent: $2350.00
Square Footage: 912
Total Units: 2

Feature Descriptions

Days on Site: 173
Exterior: Board & Batten Siding, Cement Siding, Lap Sidi
Gross Income: $125631.00 (Actual)
Hot Water: Electricity, Tank
Lot: Corner Lot, Level
Lot Dimensions: 50x100
Net Income: $94177.00 (Actual)
Operating Expenses: $31455.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Special View Info: Trees/Woods
Storage: None
Units: 4
Water: Public Water

Local Schools

High School: Leodis McDaniel
Middle School: Roseway Heights
Elementary School: Rose City Park

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Portland Premiere
Agency Contact: 503-709-4632

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 8,556.60 per month $8,089.97 Principal & Interest $0.00 Property Tax (data not provided by mls) $466.64 Homeowner's Insurance

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