11080 SW 61st Ave, Portland, OR 97219
Local realty services provided by:ERA Freeman & Associates, Realtors
11080 SW 61st Ave,Portland, OR 97219
$1,999,900
- - Beds
- - Baths
- 5,307 sq. ft.
- Multi-family
- Active
Listed by: darryl bodle, kelly christian
Office: keller williams realty portland premiere
MLS#:604944827
Source:PORTLAND
Price summary
- Price:$1,999,900
- Price per sq. ft.:$376.84
About this home
Ashcreek-Crestwood 5-unit townhouse community offering a compelling small scale investment opportunity in Southwest Portland. The property consists of five townhouse style homes with a diversified unit mix of three 3 bedroom residences and two 2 bedroom residences, all configured with two and a half bathrooms. Each home features a functional layout with well separated living and sleeping areas, a main level half bath, upper level laundry, and fenced deck space, supporting long term tenant comfort and retention. All homes are currently vacant and move in ready, providing immediate lease up flexibility. Built by a respected local boutique builder known for efficient use of space and high end finishes, the homes include extensive custom cabinetry, solid surface countertops, stainless steel appliances, kitchen islands with eat bars, and energy efficient mini split systems providing year round heating and cooling. Spacious primary bedrooms with private bathrooms enhance livability, while the additional bedrooms in the 3 bedroom units broaden tenant appeal for households needing flexible space for remote work or shared living. Each unit is individually metered within a condominium structure, creating flexibility for phased sales, 1031 exchange strategies, or long term hold. The townhouse style configuration with private entries and outdoor decks provides a competitive advantage over traditional stacked apartment product and supports strong tenant retention. Located in the desirable Ashcreek-Crestwood neighborhood, the asset is 1.5 miles to Multnomah Village dining and retail, 0.7 miles to Gabriel Park with trails and open green space, 0.5 miles to Barbur Blvd, and 1.2 miles to I-5 for convenient regional access. Rental income and expense figures are approximated. Buyer to perform all due diligence regarding projected rental cash flow and investment performance....
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Home facts
- Year built:2026
- Listing ID #:604944827
- Added:20 day(s) ago
- Updated:March 18, 2026 at 11:17 AM
Rooms and interior
- Basement Description:Crawl Space
- Living area:5,307 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Mini Split
Structure and exterior
- Roof:Composition
- Year built:2026
- Building area:5,307 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Level
- Foundation Description:Concrete Perimeter, Stem Wall
- Levels:2 Stories
Schools
- High school:Ida B Wells
- Middle school:Jackson
- Elementary school:Markham
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,999,900
- Price per sq. ft.:$376.84
Parking
- Parking description:On street
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