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Cassandra Marks

cassandra@realtorcas.com +1(503) 884-2387

Listed by Keller Williams Realty Portland Premiere • 503-709-4632

$1,789,900

Est. payment - /mo

4,532 SqFt

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Sat Jan 10, 10:00am - 12:00pm

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,532 sqft

Price per Sqft $394

Subdivision Woodstock

MLS Listing ID 560561230

Year Built 2025

Lot Size 4,791 Sqft

Property Description

New-construction fourplex investment opportunity located in Portland's desirable Woodstock neighborhood, offering a strong combination of modern construction, efficient systems, and long-term rental appeal. Built by a local boutique builder, this property is designed for low-maintenance ownership and consistent tenant demand. The four attached homes range from approximately 972 to 1,294 square feet and offer a desirable unit mix of two 2-bedroom residences and two 3-bedroom residences. The larger homes feature three bedrooms upstairs with two full ensuite bathrooms, while all units include a half bathroom on the main level. A centrally located laundry area at the top of the stairs provides convenient access for tenants and supports functional, efficient layouts. Each residence offers a bright, open main level with high ceilings and ample natural light, enhancing livability and tenant satisfaction. Kitchens are built for durability and everyday use, featuring custom cabinetry, island with eat bar, stainless steel appliances, and tile backsplash. Every unit includes its own private, fenced patio or yard space, a highly attractive feature that helps differentiate the property within the rental market. Additional investment highlights include high-efficiency mini-split systems for heating and cooling, modern building standards, and thoughtful design choices that support reduced maintenance and long-term operational efficiency. The property is not a condo and has no HOA, allowing for simplified management and true fee-simple ownership. Located in the heart of Southeast Portland's Woodstock neighborhood, the property benefits from strong rental demand driven by nearby dining, coffee shops, parks, and neighborhood amenities, making it well-positioned for long-term hold strategies, portfolio expansion, or 1031 exchange buyers seeking newer construction in an established submarket. An excellent opportunity for investors prioritizing new construction, efficient systems,

Location

State OR

County Multnomah

Area _143

Zoning R2.5

Rooms

Basement Crawl Space

Interior

Heating Mini Split

Cooling Heat Pump, Mini Split

Exterior

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Woodstock

Middle Schools Lane

High Schools Cleveland

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://www.youtube.com/watch?v=y7AsApcosGM

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Cassandra Marks

+1(503) 884-2387

Realtor, Licensed in OR & WA | License ID: 201225764

Realtor, Licensed in OR & WA License ID: 201225764

5947 SE 60th AVE Portland, OR 97206

Cassandra Marks

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5947 SE 60th AVE