- ADDRESS:
- 5587 NE 7th AVE Portland, OR 97211
- Price:
- $3,280,000
- Units:
- 8
- Acres:
- 0.1
- Unit 1:
-
2 Bed
2.1 Bath
$2,395/mo
Features: Air Conditioning, Deck, Range, Refrigerator - Unit 2:
-
2 Bed
2.1 Bath
$2,395/mo
Features: Air Conditioning, Deck, Range, Refrigerator - Unit 3:
-
2 Bed
2.1 Bath
$2,395/mo
Features: Air Conditioning, Deck, Range, Refrigerator - Unit 4:
-
2 Bed
2.1 Bath
$2,395/mo
Features: Air Conditioning, Deck, Range, Refrigerator - Unit 5:
-
2 Bed
2.1 Bath
$2,395/mo
Features: Air Conditioning, Deck, Range, Refrigerator - Unit 6:
-
2 Bed
2.1 Bath
$2,395/mo
Features: Air Conditioning, Deck, Range, Refrigerator - Unit 7:
-
2 Bed
2.1 Bath
$2,395/mo
Features: Air Conditioning, Deck, Range, Refrigerator - Unit 8:
-
2 Bed
2.1 Bath
$2,395/mo
Features: Air Conditioning, Deck, Range, Refrigerator - MLS#:
- 745845628
- Lot Size:
- 3,000 to 4,999 SqFt
- Type:
- Multi
- Zone:
- CM2
- Yr Built:
- 2026
- Taxe/yr:
- $1,742.26
- County:
- Multnomah
- Status:
- Active
- Levels:
- 3
- Heat:
- Mini Split, WallHeater
- Elem:
- MartinL King Jr
- Middle:
- Harriet Tubman
- High:
- Jefferson
- Lot Desc:
- Corner Lot, Level
- Area:
- Portland Northeast
- Courtesy of:
- Keller Williams Realty Portland Premiere
- Remarks:
- 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.