7468 SE Tolman ST, Portland, OR 97206

$3,439,900

Beds

Baths

0.22 ac

Property Size

2026

Year Built

About The Property

Ideally located just 2.5–3 miles from the vibrant restaurants, cafés, bars, and neighborhood retail of SE Woodstock Blvd, this offering includes all eight homes within the newly constructed community, presenting a rare opportunity to acquire an entire small scale rental development in Southeast Portland. Designed and developed by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the offering reflects thoughtful planning, efficient layouts, and durable construction suited for long term ownership and reduced maintenance exposure. The community consists of four three bedroom homes and four two bedroom homes, each offering two and a half bathrooms and well designed two story floor plans that maximize functionality and tenant livability. Main levels feature spacious open concept great rooms with seamless flow between living, dining, and kitchen areas, creating flexible layouts that appeal to a broad tenant base. Gourmet kitchens offer generous solid surface countertop space, stainless steel appliances, ample cabinetry, and large islands with eat bar seating, plus a convenient main level half bath. Upper levels include primary suites with ensuite baths, dedicated hall baths for secondary bedrooms, and upstairs laundry positioned between bedrooms. Homes include private outdoor spaces, with the rear homes offering larger yard areas that add outdoor flexibility and rental appeal. Energy efficient ductless heat pump systems provide year round comfort and efficiency. Daily conveniences line nearby SE 82nd Avenue within roughly half a mile, and Lents Park, approximately 1.1 miles away, offers expansive greenspace, walking paths, and sports facilities supporting tenant retention. Pro forma financials indicate an estimated 5.39% cap rate, positioning this asset as a balanced investment opportunity combining stable yield potential with long term appreciation in a consistently desirable Southeast Portland corridor.

ARCHITECTURE

Stories: 2
Condition: New Construction
Year Built: 2026
Roof Type: Composition
Foundation Details: Concrete Perimeter, Stem Wall
Basement Details: Crawl Space

INTERIOR FEATURES

Heating Type: Mini Split
Fuel Type: Electricity
Interior SqFt: 9454

EXTERIOR FEATURES

Lot Features: Level
Lot size (Acres): 0.22
Zoning: R2.5
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Woodmere
High School: Franklin
Middle: Lane

TAX & FINANCIAL

Terms Considered: Cash, Conventional, FHA, VA Loan
Tax Year: 2026

LISTING INFO

Listing courtesy of Keller Williams Realty Portland Premiere | 503-709-4632
Days On Market: 125

Map Location

Property Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 717173

Agents make every effort to ensure the accuracy of listing details; however, all buyers should conduct their own due diligence before making decisions. Neither the listing agent nor the brokerage shall be liable for errors, omissions, or outdated information. All data is provided as a service and is intended strictly for the personal, non-commercial use of potential buyers.

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Erik Leland