7262 SW 1st AVE, Portland, OR 97219
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7262 SW 1st AVE, Portland, OR 97219
7262 SW 1st AVE, Portland, OR 97219
7262 SW 1st AVE, Portland, OR 97219
7262 SW 1st AVE, Portland, OR 97219
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Shannon Sundin Wheeler

Shannon Sundin Wheeler

+1(360) 921-0368
Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$ 1,519,900
Est. payment /mo
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Price Dropped by $540K

7262 SW 1st AVE Portland, OR 97219

3 Beds

3 Baths

3,810 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,810 sqft

Price per Sqft $398

Subdivision South Portland

MLS Listing ID 721738351

Bedrooms 3

Year Built 2026

Lot Size 6,098 Sqft

Property Description

Three brand new South Portland residences across two buildings offer a compelling opportunity to acquire a new construction rental portfolio in one location. With three separate 3 bedroom, 3 full bathroom homes, the property supports multiple investment strategies: lease all three for diversified rental income, occupy one while renting the other two for supplemental income, or combine personal use with long term rentals. Each residence features a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel appliances, black fixtures and detailed millwork create a polished, cohesive finish. The 7250 residence offers a dedicated driveway for off street parking, while 7260 and 7262 feature larger fenced yards with lawn space. All three homes include covered patios, private outdoor areas, minisplit heating and cooling, individual laundry areas and separate street addresses. No HOA or monthly association dues add to the appeal. Located in South Portland near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and shopping nearby plus access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. Each home includes 2-10 Builder Warranty coverage at closing. A flexible three-residence offering combining modern design, outdoor space and multiple potential rental income streams. [Home Energy Score = 10. HES Report at: https://us.greenbuildingregistry.com/green-homes/OR10251886] [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251886]

Location

State OR

County Multnomah

Area _148

Zoning R5

Rooms

Basement Crawl Space

Interior

Heating Heat Pump, Mini Split

Cooling Heat Pump, Mini Split

Exterior

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Level, Public Road

Story 2

Foundation Concrete Perimeter, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Rieke

Middle Schools Robert Gray

High Schools Ida B Wells

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.youtube.com/watch?v=SZXzAThjY5s

Regional Multiple Listing Service (RMLS)

Nearby Locations

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Shannon Sundin Wheeler
Shannon Sundin Wheeler

Broker

+1(360) 921-0368

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7262 SW 1st AVE

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