6439 SE 88th AVE, Portland, OR 97266

$1,813,900

Beds

Baths

0.16 ac

Property Size

2025

Year Built

About The Property

Introducing a rare new-construction multifamily opportunity featuring four detached homes thoughtfully designed as a boutique cottage cluster by a multi-year Street of Dreams builder and Builder of the Year award winner. This offering is well suited for long-term hold investors seeking modern construction, efficient systems, and durable rental demand in Southeast Portland. The front two homes are approximately 1,423 sqft each and include one-car garages with driveway parking, while the rear two homes are approximately 1,189 sqft each with street parking. All four homes feature three bedrooms and two and one-half bathrooms, creating a consistent and highly desirable unit mix. Each residence includes a dedicated in-unit laundry space and energy-efficient mini-split systems for year-round heating and cooling. The rear homes are highlighted by spacious kitchen islands with eat bars, enhancing functionality and tenant appeal. Detached construction, modern layouts, and brand-new systems support reduced maintenance expectations and long-term durability. The cottage cluster design offers privacy and individuality for tenants while remaining efficient from an ownership and management perspective. Manicured landscaping is in place throughout the shared common space, reinforcing curb appeal and creating an inviting community setting. Located in Southeast Portland, the property benefits from proximity to amenities that support consistent rental demand. Nearby favorites include Broken Rice Restaurant, DOYAJI, Sherpa Kitchen, Habanero Burrito, and Shiki Shiki Baba Turkish Kitchen, along with coffee spots such as Refuge Coffee House, Loro Coffee Montavilla, and Monti’s Cafe. Parklane Park offers nearby green space and recreation. A compelling opportunity to acquire brand-new, detached rental homes with a strong unit mix, efficient systems, and excellent neighborhood fundamentals.

ARCHITECTURE

Stories: 2
Condition: New Construction
Year Built: 2025
Roof Type: Composition
Foundation Details: Slab, Stem Wall
Basement Details: Crawl Space

INTERIOR FEATURES

Heating Type: Mini Split, Wall Heater
Fuel Type: Electricity
Interior SqFt: 5224

EXTERIOR FEATURES

Lot Features: Level
Lot size (Acres): 0.16
Zoning: R2.5
Garage Spaces: 2
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Kelly
High School: Franklin
Middle: Lane

TAX & FINANCIAL

Terms Considered: Conventional, FHA, VA Loan
Tax Year: 2025

LISTING INFO

Listing courtesy of Keller Williams Realty Portland Premiere | 503-709-4632
Days On Market: 205

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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 - | 719117

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