2892 NE 61st AVE, Portland, OR 97213

$1,199,900
3,001
SqFt

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List Price
$1,199,900
Price Change
▼ $400,000 1788401659
Days on Market
226
MLS#
653353170
Property Type
Multifamily
Sqft. of Residence
3,001
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

Located in Portland’s desirable Rose City Park neighborhood, this fully completed three unit offering presents a rare opportunity to acquire a modern, move-in ready multifamily asset in a highly rentable close-in Northeast Portland location. Its very walkable setting and strong bike accessibility appeal to tenants who value neighborhood amenities and everyday convenience, with shops, restaurants, cafes, groceries, parks, and transit along NE Sandy Blvd and throughout the Hollywood District supporting long term tenant demand. The property includes three townhouse style residences with a balanced mix of two and three bedroom layouts, creating flexibility across the prospective tenant pool. Designed and developed by a renowned local builder known for efficient use of space, distinct accent walls with built-ins, and integrated lighting features, each residence pairs polished design with a highly functional layout. High ceilings and open great room living define the main levels, while kitchens feature solid surface countertops, stainless steel appliances, generous cabinetry, and islands with eat bars. Upstairs bedrooms feature vaulted ceilings, crown molding with integrated lighting, and conveniently located laundry. Energy efficient mini splits provide year round heating and cooling. Each residence also includes private outdoor space, with the end unit benefiting from a larger fenced yard that further supports tenant appeal. All three homes are fully complete and move-in ready, eliminating construction or lease up delays and allowing an investor to immediately begin positioning the property for occupancy. With modern construction, practical layouts, distinctive finishes, and a strong close in location, this is a compelling opportunity for investors seeking a low maintenance asset with durable rental demand in one of Portland’s most established and amenity rich neighborhoods.

Additional Information

Year Built
2026
High School
Leodis McDaniel
Elementary School
Rose City Park
Middle School
Roseway Heights
Acres
0.11
Living Area
3,001
Stories
2
Subdivision
ROSE CITY PARK
Lot Size Dimension
50x100
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
Heat Pump, Mini Split
Fuel Description
Electricity
Heating Description
Heat Pump, Mini Split, Wall Heater
Hoa Rent Includes
None
Hot Water Description
Electricity, Tank
Exterior Description
Board & Batten Siding, Cement Siding, Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Trees/Woods
Parking
On Street
Security Or Entry
Sidewalk
Parking Description
On Street
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
3
Unit Type One Beds Total
3
Unit Type One Rent
2950
Unit Type One Sq Ft
1177
Unit Type One Units Total
1
Unit Type Two Baths Total
3
Unit Type Two Beds Total
2
Unit Type Two Units Total
2

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere.

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