2833 NE 62nd Ave, Portland, OR 97213

Portland
Local realty services provided by:Knipe Realty ERA Powered
2833 NE 62nd Ave,Portland, OR 97213
$7,849,900
  • - Beds
  • - Baths
  • 20,230 sq. ft.
  • Multi-family
  • Active
Listed by: darryl bodle, kelly christian
Office: keller williams realty portland premiere503-597-2444
MLS#:732050211
Source:PORTLAND

Price summary

  • Price:$7,849,900
  • Price per sq. ft.:$388.03

About this home

Rare opportunity to acquire a newly constructed 18 unit multifamily development in sought after Rose City Park, offering a diversified unit mix, immediate lease up potential, and projected 5.65% cap rate at stabilization. All homes are complete, vacant, and ready for investor controlled tenant placement. The portfolio combines an eight home detached cottage cluster with ten attached townhouse style residences, balancing density, privacy, and durability. Crafted by a local boutique builder known for refined interior detailing, signature illuminated crown molding, architectural built ins, and designer accent walls, the development stands apart from typical rental construction. The tenant focused mix includes two and three bedroom residences with 2.5 bathrooms, efficient layouts, and clear separation between main living areas and upstairs sleeping spaces. Two cottages also provide a main floor fourth bedroom or office, expanding flexibility for different renter needs. Each bedroom...

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Home facts

  • Year built:2026
  • Subdivision & Development:ROSE CITY PARK
  • Listing ID #:732050211
  • Added:180 day(s) ago
  • Updated:August 09, 2026 at 11:30 AM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:20,230 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Mini Split

Structure and exterior

  • Roof:Composition
  • Year built:2026
  • Building area:20,230 sq. ft.
  • Lot area:0.58 Acres
  • Lot Features:Level
  • Foundation Description:Concrete Perimeter, Stem Wall
  • Levels:2 Stories

Schools

  • High school:Leodis McDaniel
  • Middle school:Roseway Heights
  • Elementary school:Rose City Park

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$7,849,900
  • Price per sq. ft.:$388.03

Parking

  • Parking description:On street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: August 9, 2026

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