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Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$ 1,879,900
Est. payment | /mo
3,751 SqFt
$ 1,879,900
Est. payment | /mo
3,751 SqFt
Open House
Sat Sep 20, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,751 sqft
Price per Sqft $501
Subdivision Richmond
MLS Listing ID 497111800
Year Built 2025
Tax Year 2025
Property Description
1814 SE 37th Ave presents a rare investment opportunity in Portland's Richmond neighborhood. These new construction homes offer modern design and a prime location with a Walk Score of 94 and a Bike Score of 100, appealing directly to tenants who value lifestyle, convenience, and mobility. Unlike many nearby developments, these homes are not condos. Each unit may be designated as fee-simple, giving investors more flexibility and future marketability. Designed with long-term ownership in mind, each home features efficient systems, quality finishes, and layouts that attract today's renters while reducing near-term maintenance and capital costs. The location ensures consistent demand: steps from SE Hawthorne Blvd and SE Division St, tenants will enjoy immediate access to Portland icons like ¿Por Qué No?, Apizza Scholls, Stumptown Coffee, New Seasons Market, boutique shops, breweries, and multiple transit options. This lively, walkable setting supports strong occupancy and reliable rental income. For investors seeking stability and appreciation potential, this development offers the ideal blend of brand-new construction, prime location, and favorable ownership terms. Whether held as a cornerstone portfolio asset or positioned for future resale upside, these homes deliver the location, efficiency, and income performance investors want.
Location
State OR
County Multnomah
Area _143
Zoning R5
Interior
Heating Mini Split
Cooling Mini Split
Exterior
View Trees Woods
Roof Type Composition,Metal
Garage No
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Abernethy
Middle Schools Hosford
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtu.be/x1cgCzdt49A
Jennifer Scholes
Broker | License ID: #201253488
+1(503) 888-7583 | jennscholes.realestate@gmail.com