2892 NE 61st AVE, Portland, OR 97213

$1,599,900

Beds

Baths

0.11 ac

Property Size

2026

Year Built

About The Property

Located in Portland’s desirable Rose City Park neighborhood, this newly constructed attached 4-plex offers a rare opportunity to acquire modern, low-maintenance multifamily in a highly rentable close-in NE location. The area boasts a very walkable setting and strong bike accessibility, making it especially appealing to tenants who value walkable amenities, bike access, and everyday convenience. Rose City Park is known for its residential charm paired with close proximity to the shops, restaurants, cafés, and daily conveniences along NE Sandy Blvd, further enhancing tenant desirability. The property features a strong and efficient unit mix totaling approximately 4,178 square feet, with two end units configured as 3 bedrooms and 2.5 bathrooms at approximately 1,177 square feet each, and two interior units configured as 2 bedrooms and 2.5 bathrooms at approximately 912 square feet each. All units are townhouse-style with private outdoor space and energy-efficient mini-split systems for year-round heating and cooling. The property was built and developed by a local boutique builder known for quality construction, high-end finishes, extensive built-ins, and distinctive accent walls throughout. Each residence is thoughtfully designed with high ceilings on the main level, open great room layouts, and upstairs laundry conveniently located between bedrooms. Bedrooms feature vaulted ceilings, enhancing natural light and tenant appeal. End units benefit from larger private yards, further supporting strong tenant demand. This is a compelling opportunity for investors seeking modern construction, strong unit differentiation, and durable rental demand in one of Portland’s most established and amenity-rich neighborhoods.

ARCHITECTURE

Stories: 2
Condition: Under Construction
Year Built: 2026
Roof Type: Composition
Foundation Details: Concrete Perimeter
Basement Details: Crawl Space

INTERIOR FEATURES

Heating Type: Heat Pump, Mini Split, Wall Heater
Fuel Type: Electricity
Interior SqFt: 4178

EXTERIOR FEATURES

Lot Features: Corner Lot, Level
Lot size (Acres): 0.11
Zoning: R2.5
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

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

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: 165

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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 - | 732246

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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