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4893 NE Cesar E Chavez Blvd
Portland, OR 97211
Beaumont Cottage Collection · Multifamily Property For Sale · 4 Units

Investment Highlights

  • Four newly built detached homes with modern layouts and strong tenant appeal
  • Mini split heating and cooling systems for efficient operation
  • Projected gross income of ~$141,600 annually at stabilization
  • Built by multi year Street of Dreams builder and Builder of the Year award winner
  • Strong proximity to Beaumont Village, Alberta Arts, parks, dining, and daily conveniences
  • Boutique scale asset with strong differentiation from traditional multifamily inventory

Executive Summary

Secure a collection of four newly built detached cottage homes in the heart of Beaumont-Wilshire, offering a rare opportunity to own a thoughtfully designed residential compound in one of NE Portland’s most consistent submarkets. Homes are currently situated on a single tax lot, with a land division in progress to create individual lots; buyer to verify development status and options. Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, this collection delivers a blend of thoughtful design, durability, and strong tenant appeal. The offering includes a balanced unit mix of two 3 bedroom 2.1 bathroom homes and two 2 bedroom 2.1 bathroom homes, each designed with functional layouts that support both livability and rentability. All homes feature open great room style main levels that connect living, dining, and kitchen spaces, paired with brand new stainless steel appliances, solid surface countertops, and a main level half bath. Upper levels are designed for privacy and efficiency, with the 3 bedroom homes offering a primary suite with ensuite bathroom plus an additional full bath, while the 2 bedroom homes feature dual ensuite layouts ideal for roommate or flexible living arrangements, including a front primary suite with a full walk in closet. Laundry space is conveniently located upstairs in each home. Mini split systems provide efficient heating and cooling. Each home also includes both fenced front and back yard space, along with a slider off the dining area that enhances indoor outdoor flow and tenant appeal. Positioned near Beaumont Village with close proximity to Beaumont Market, Pip’s Original Doughnuts, Grand Central Bakery, Amalfi’s, Wilshire Park, and New Seasons Market. A low maintenance, turnkey investment with strong fundamentals and scalable rental potential in a proven location.

Property Facts

Price Per Unit $684,823 CAD
Sale Type Investment
Cap Rate 5.27%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.11 AC
Building Size 4,558 SF
Average Occupancy 0%
No. Stories 2
Year Built 2026
Zoning R5

Amenities

Site Amenities

  • Fenced Lot

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2.5 2 - 969
3+2.5 2 - 1,325

Property Taxes

Property Taxes

Parcel Number
R171121
Land Assessment
$67,545 CAD
Improvements Assessment
$0 CAD
Total Assessment
$67,545 CAD
  • Listing ID: 40424480

  • Date on Market: 2026-05-06

  • Last Updated:

  • Address: 4893 NE Cesar E Chavez Blvd, Portland, OR 97211

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