8328 N Bank St, Portland, OR 97203
Local realty services provided by:ERA Freeman & Associates, Realtors
8328 N Bank St,Portland, OR 97203
$4,085,500
- - Beds
- - Baths
- 9,597 sq. ft.
- Multi-family
- Active
Listed by: darryl bodle, kelly christian
Office: keller williams realty portland premiere503-597-2444
MLS#:390824442
Source:PORTLAND
Price summary
- Price:$4,085,500
- Price per sq. ft.:$425.71
About this home
Located in Portland’s highly desirable St. Johns neighborhood, this offering represents a rare new-construction cottage cluster consisting of 11 detached homes on N Bank St. The detached configuration and fee-simple ownership structure provide long-term operational flexibility, simplified management, and strong resale optionality—either as a portfolio hold or future individual dispositions, subject to buyer strategy and local regulations. Purpose-built for efficiency and durability, each residence features energy-efficient mini-split systems for year-round heating and cooling, supporting lower operating costs and broad tenant appeal. The project was delivered by a multi-year Street of Dreams builder and Builder of the Year award winner, offering confidence in construction quality, design execution, and long-term performance. The cohesive site layout balances privacy and density, enhancing tenant satisfaction while maintaining an approachable neighborhood scale. The St. Johns location continues to demonstrate strong rental demand driven by proximity to major employers, recreation, and everyday amenities. Residents enjoy quick access to Cathedral City Park, St. Johns Park, Pier Park, and the St. Johns Bridge, along with nearby dining, coffee, and breweries including Two Stroke Coffee, Affogato, John Street Cafe, Leisure Public House, StormBreaker Brewing, Wonderwood Springs, and The Fixin’ To. This amenity-rich environment supports rent stability, reduced vacancy, and long-term appreciation. Overall, this asset delivers a compelling combination of detached new construction, efficient mechanical systems, walkable neighborhood amenities, and flexible ownership structure, making it well-suited for investors seeking durable cash flow, low near-term capital needs, and strong exit optionality in one of North Portland’s most established submarkets....
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Home facts
- Year built:2025
- Subdivision & Development:ST JOHNS
- Listing ID #:390824442
- Added:275 day(s) ago
- Updated:October 10, 2026 at 11:53 AM
Rooms and interior
- Basement Description:Crawl Space
- Living area:9,597 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Mini Split
Structure and exterior
- Roof:Composition, Metal
- Year built:2025
- Building area:9,597 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Level
- Foundation Description:Concrete Perimeter, Stem Wall
- Levels:2 Stories
Schools
- High school:Roosevelt
- Middle school:George
- Elementary school:Sitton
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,085,500
- Price per sq. ft.:$425.71
Parking
- Parking description:On street
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