7190 NE Glisan ST, Portland, OR 97213

$2,749,900

Beds

Baths

0.10 ac

Property Size

2025

Year Built

About The Property

Exceptional Investment Opportunity. This newly constructed 7-unit community is ideally positioned in Portland’s highly desirable Montavilla neighborhood, an area known for its strong rental demand, vibrant local culture, and excellent access to both urban amenities and major employment corridors. The property features a rare and highly sought-after unit mix, with spacious residences ranging from approximately 1,190 to 1,390 square feet across three thoughtfully designed levels. The homes were crafted by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, reflecting a high level of quality, durability, and long-term appeal. Two units include a flexible ground-floor space well suited for a home office or potential fourth bedroom, catering to today’s work-from-home and multi-use living preferences, while the remaining five units offer efficient and in-demand three-bedroom layouts. All residences feature 2.5 bathrooms and modern, low-maintenance design elements that appeal strongly to long-term tenants. Montavilla continues to stand out as a tenant-favorite neighborhood due to its walkable commercial core, strong community identity, and convenient access to downtown Portland, the Central Eastside, and I-84. Nearby amenities include Montavilla Brew Works, Roscoe’s, Academy Theater, and a variety of local coffee shops, restaurants, and neighborhood services along SE Stark Street. Residents also enjoy close proximity to Montavilla Park, providing green space and outdoor recreation just minutes from home. This combination of new construction, larger unit sizes, flexible layouts, and a proven rental location is seldom found in today’s market. A compelling opportunity for investors seeking durable construction, strong tenant appeal, and long-term income stability in one of Northeast Portland’s most consistently desirable neighborhoods.

ARCHITECTURE

Stories: 3
Condition: New Construction
Year Built: 2025
Roof Type: Composition
Foundation Details: Concrete Perimeter
Basement Details: Crawl Space

INTERIOR FEATURES

Heating Type: Mini Split
Fuel Type: Electricity
Interior SqFt: 8760

EXTERIOR FEATURES

Lot Features: Level
Lot size (Acres): 0.1
Zoning: CM2
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Vestal
High School: Leodis McDaniel
Middle: Roseway Heights

TAX & FINANCIAL

Terms Considered: Cash, Conventional
Tax Year: 2025

LISTING INFO

Listing courtesy of Keller Williams Realty Portland Premiere | 503-709-4632
Days On Market: 352

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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 - | 733050

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