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3138 NE 72nd Ave
Portland, OR 97213
New Construction Roseway Townhome Fourplex · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Brand new 4 unit townhome style property with modern finishes and minimal deferred maintenance, offering immediate stabilized income potential
- Open concept great room layouts, high ceilings, peninsula kitchens with eat bar seating, solid surface countertops and brand new stainless steel apps
- Energy efficient mini split heating and cooling systems paired with low maintenance landscaping help keep expenses predictable
- Each unit features dual ensuite bedrooms plus a main level half bathroom, an ideal configuration for roommate living and maximizing rental demand
- All homes include private fenced patio and yard space, with the rear unit offering a substantially larger yard for additional rental premium
- Units ranging from ~880 to 980 sqft provide efficient, highly rentable layouts with no wasted space
Executive Summary
Turnkey new construction 4-plex in Portland’s desirable Roseway neighborhood offering strong income potential and long term flexibility. This attached multifamily offering features four thoughtfully designed townhome style units ranging from ~880 to 980 sqft, each including 2 bedrooms and 2.1 bathrooms, an ideal layout for roommate living and maximizing rental demand. Each unit showcases an open great room style main level with high ceilings and excellent natural light, creating a modern and highly livable space. Kitchens are designed for both function and appeal with peninsula countertops, eat bar seating, solid surface countertops, stainless steel appliances, and ample storage with extensive custom cabinetry. A convenient half bathroom is located on the main floor, while upstairs each home features two bedrooms, each configured as an ensuite with its own private, dedicated bathroom, along with a centrally located laundry area positioned between bedrooms for everyday ease. All units include efficient mini split heating and cooling for year round comfort, along with private fenced patio and yard space. The rear unit offers a substantially larger yard, presenting an opportunity for increased rental premium. Low maintenance landscaping throughout the community helps keep operating expenses predictable and ownership streamlined. Located in the heart of Roseway, tenants benefit from convenient proximity to Roseway & Glenhaven Parks, Rocky Butte Natural Area, Roseway Theater and recreational sports at The People's Courts, along with popular local spots like Case Study Coffee, New Seasons Market, and plenty of dining options along Sandy Blvd & Fremont St. Easy access to I-84, public transit, and close-in PDX supports strong tenant demand and long term retention. An exceptional opportunity to acquire a low maintenance, high demand multifamily asset in one of Northeast Portland’s most consistent rental corridors.
Property Facts
| Price Per Unit | $530,841 CAD | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 3,629 SF |
| Cap Rate | 5.60% | Average Occupancy | 0% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2026 |
| Apartment Style | Townhome | ||
| Zoning | R7 | ||
| Price Per Unit | $530,841 CAD |
| Sale Type | Investment |
| Cap Rate | 5.60% |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Townhome |
| Lot Size | 0.11 AC |
| Building Size | 3,629 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2026 |
| Zoning | R7 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- Ice Maker
- Stainless Steel Appliances
- Range
- Carpet
- Yard
- Dining Room
- Double Pane Windows
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 4 | $3,357 CAD | 880 - 980 |
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