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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 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 5.27% | Building Size | 4,558 SF |
| No. Units | 4 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2026 |
| Zoning | R5 | ||
| 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
| Parcel Number | R171121 | Improvements Assessment | $0 CAD |
| Land Assessment | $67,545 CAD | Total Assessment | $67,545 CAD |
Property Taxes
Parcel Number
R171121
Land Assessment
$67,545 CAD
Improvements Assessment
$0 CAD
Total Assessment
$67,545 CAD
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