A new-construction investment opportunity in one of Northeast Portland's most desirable rental corridors, this 2026-built eight-plex sits just blocks from Alberta Park, Woodlawn City Park, and Ainsworth - an A+ location that consistently draws strong tenant demand. All eight units are three-level townhomes with two bedrooms and two and a half bathrooms. Interiors are finished to a high standard throughout. Kitchens feature premium appliances, tasteful tile work, and modern cabinetry, while bathrooms carry through with clean, well-considered design. LVP flooring runs throughout the living spaces, and tall ceilings paired with generous windows make each unit feel open, light-filled, and private. The result is a turnkey product that should command strong market rents and minimize early-years maintenance and capital expense. The corner-lot positioning is a meaningful advantage, allowing each unit to have its own private deck or yard space - a feature that supports tenant retention and helps the property stand out among nearby rentals. For investors looking to add a low-maintenance, new-construction asset to a Portland rental portfolio, this eight-plex offers a strong combination of location, quality, and design. Call to arrange a private tour or request additional financials.
Listed By
Agency Name: Keller Williams Realty Portland Premiere
Agency Contact: 503-704-0919
Shown By
Agent Name: Denny Osborn, Broker
Agent Phone: (541) 771-1578
Agency Title: Bend Premier Real Estate
Estimated Payment
$ 17,687.30 per month $16,585.46 Principal & Interest $145.17 Property Tax $956.67 Homeowner's InsuranceSend an email with a link to
5587 NE 7th Ave, Portland, OR 97211.
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5587 NE 7th Ave, Portland, OR 97211.
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5587 NE 7th Ave | MLS# 745845628
This multi-family property located at 5587 NE 7th Ave, Portland, OR 97211 is currently listed for sale with an asking price of $3,280,000. Search Portland real estate on dennyosborn.bendpremierrealestate.com today.