26
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$1,789,900
Est. payment /mo
4,532 SqFt
Open Sat 10AM-12PM
5947 SE 60th AVE Portland, OR 97206
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Open House
Sat Jan 10, 10:00am - 12:00pm
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,532 sqft
Price per Sqft $394
Subdivision Woodstock
MLS Listing ID 560561230
Year Built 2025
Lot Size 4,791 Sqft
Property Description
New-construction fourplex investment opportunity located in Portland's desirable Woodstock neighborhood, offering a strong combination of modern construction, efficient systems, and long-term rental appeal. Built by a local boutique builder, this property is designed for low-maintenance ownership and consistent tenant demand. The four attached homes range from approximately 972 to 1,294 square feet and offer a desirable unit mix of two 2-bedroom residences and two 3-bedroom residences. The larger homes feature three bedrooms upstairs with two full ensuite bathrooms, while all units include a half bathroom on the main level. A centrally located laundry area at the top of the stairs provides convenient access for tenants and supports functional, efficient layouts. Each residence offers a bright, open main level with high ceilings and ample natural light, enhancing livability and tenant satisfaction. Kitchens are built for durability and everyday use, featuring custom cabinetry, island with eat bar, stainless steel appliances, and tile backsplash. Every unit includes its own private, fenced patio or yard space, a highly attractive feature that helps differentiate the property within the rental market. Additional investment highlights include high-efficiency mini-split systems for heating and cooling, modern building standards, and thoughtful design choices that support reduced maintenance and long-term operational efficiency. The property is not a condo and has no HOA, allowing for simplified management and true fee-simple ownership. Located in the heart of Southeast Portland's Woodstock neighborhood, the property benefits from strong rental demand driven by nearby dining, coffee shops, parks, and neighborhood amenities, making it well-positioned for long-term hold strategies, portfolio expansion, or 1031 exchange buyers seeking newer construction in an established submarket. An excellent opportunity for investors prioritizing new construction, efficient systems,
Location
State OR
County Multnomah
Area _143
Zoning R2.5
Rooms
Basement Crawl Space
Interior
Heating Mini Split
Cooling Heat Pump, Mini Split
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter, Stem Wall
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Woodstock
Middle Schools Lane
High Schools Cleveland
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
Virtual Tour https://www.youtube.com/watch?v=y7AsApcosGM
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