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About the Listing KWPP01 - SHOVOLYL,REYESED
A new-construction investment opportunity in one of Northeast Portland's most desirable rental corridors, this 2026-built eight-plex sits just blocks from Alberta Park, Woodlawn City Park, and Ainsworth — an A+ location that consistently draws strong tenant demand. All eight units are three-level townhomes with two bedrooms and two and a half bathrooms. Interiors are finished to a high standard throughout. Kitchens feature premium appliances, tasteful tile work, and modern cabinetry, while bathrooms carry through with clean, well-considered design. LVP flooring runs throughout the living spaces, and tall ceilings paired with generous windows make each unit feel open, light-filled, and private. The result is a turnkey product that should command strong market rents and minimize early-years maintenance and capital expense. The corner-lot positioning is a meaningful advantage, allowing each unit to have its own private deck or yard space — a feature that supports tenant retention and helps the property stand out among nearby rentals. For investors looking to add a low-maintenance, new-construction asset to a Portland rental portfolio, this eight-plex offers a strong combination of location, quality, and design. Call to arrange a private tour or request additional financials.
Listing Highlights
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
745845628
Year Built
2026
Total Square Footage
0
Lot/Acreage
0.1
County
Multnomah
Elementary School
MartinL King Jr
Middle School
Harriet Tubman
High School
Jefferson
Interior Details
- Bedrooms: 16
- Bathrooms: 24 Full
- Appliances:
- Air Cond: MiniSplit
- Heating: Mini Split,WallHeater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Corner Lot,Level
- Garage Capacity: N/A
- Lot Dimensions: 47.82X100
- Zoning: CM2
- Roof: Shingle
- Others: New Construction
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,742
- Taxes w/Assessments: N/A
- Tax/Property ID: R136595
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Years
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Questions About..
5587 NE 7th Ave Portland, OR 97211
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