5587 NE 7th AVEPortland, OR 97211
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.
- Property Type:
MultiFamily
- Architectural Style:
- Bedrooms:
- Bathrooms:
- Dwelling Size:
0 Square Feet
- Lot Size:
0.10 Acres
- Lot Description:
- Stories:
3
- Year Built:
2026
- Interior Features:
- Exterior Features:
- Parking:
Garage or Parking Spaces:
Features: OnStreet
- Area:
_142
- Views:
- Schools:
High School(s): Jefferson
Middle School(s): Harriet Tubman
Elementary School(s): MartinL King Jr
- HOA:
- Senior Community:
- Heating:
MiniSplit,WallHeater
- Cooling:
MiniSplit
- Appliances:
- Fireplace:
Fireplace(s):
Features:
- Accessibility:
- Security Features:
- Foundation:
ConcretePerimeter
- Roof:
Shingle