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4893 NE Cesar E Chavez Blvd
Portland, OR 97211
Beaumont Cottage Collection · Multifamily Property For Sale · 3 Units

Investment Highlights

  • Three newly built detached homes with modern layouts and strong tenant appeal
  • Mini split heating and cooling systems for efficient operation
  • Projected rental cap of 5.35% 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 three newly built detached cottage homes in the heart of Beaumont-Wilshire, offering a rare opportunity to acquire modern rental product in one of NE Portland’s most established neighborhoods. Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the offering includes two 3/2.1 homes and one 2/2.1 home designed for long term livability, broad tenant appeal, and reduced near term maintenance. Each home offers the privacy and residential feel of detached living with open great room style main levels, brand new stainless steel appliances, solid surface countertops, main level half baths, upstairs laundry, and efficient mini split heating and cooling. Functional bedroom and bathroom layouts create flexibility for couples, families, roommates, or work from home needs, helping broaden the potential tenant pool and support retention. Beaumont-Wilshire adds another layer of rental appeal with an established neighborhood feel, convenient access throughout NE Portland, and everyday amenities close to home. Tenants can pick up groceries at Beaumont Market or New Seasons, grab coffee and doughnuts at Pip’s Original, stop by Grand Central Bakery, meet friends for dinner at Amalfi’s, or spend an afternoon at Wilshire Park. Beaumont Village adds more restaurants, shops, coffee, and neighborhood services nearby. The combination of detached new construction, modern systems, desirable layouts, and a lifestyle oriented location creates a compelling long term hold opportunity with low maintenance ownership and strong rental potential.

Property Facts

Price Per Unit $694,791 CAD
Sale Type Investment
Cap Rate 5.35%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.08 AC
Building Size 3,619 SF
Average Occupancy 0%
No. Stories 2
Year Built 2026
Zoning R5

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Stainless Steel Appliances
  • Range
  • Double Pane Windows

Site Amenities

  • Fenced Lot

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2.5 1 $3,658 CAD 969
3+2.5 2 $4,487 CAD 1,325

Property Taxes

Property Taxes

Parcel Number
R171121
Land Assessment
$67,395 CAD
Improvements Assessment
$0 CAD
Total Assessment
$67,395 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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