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2833 NE 62nd Ave Portland, OR 97213

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For Sale
$7,380,900

MULTI_FAMILY - Portland, OR

Property size:
22,556 SF
Lot size:
0.58 Acres
Added:
Feb 9, 2026
Days on Market:
51
Last Refresh:
Apr 1 at 9:06 am

Property Features for 2833 NE 62nd Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
R2.5
Bedrooms
14
Bathrooms
15
Rooms
Bedroom 9, Bathroom 6, Bedroom 10, Bedroom 11, Bedroom 14, Bathroom 3, Bedroom 13, Bathroom 15, Bathroom 2, Bedroom 2, Bathroom 9, Bathroom 4, Bathroom 11, Bedroom 4, Bedroom 12, Bathroom 8, Bathroom 1, Bedroom 5, Bathroom 10, Bathroom 12, Bathroom 13, Bedroom 1, Bedroom 7, Bedroom 3, Bedroom 6, Bathroom 5, Bedroom 8, Bathroom 14, Bathroom 7
Standard status
Active
APN
New Construction
Size
22,556 SF
Lot size
0.58 Acres

Utilities

Cooling system
Heat Pump

Building Details

Year built
2026
Floors in Building
2
Number of units
16
Roof type
Composition

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Listing Contact
Darryl Bodle
Darryl Bodle

Listing agent Darryl Bodle License #199910100

Listing office Keller Williams Realty Portland Premiere 7504 SW Bridgeport Rd, Portland, OR

Listing date Feb 9, 2026

MLS# 732050211

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

New Multifamily Development Opportunity

This is a rare opportunity to acquire a newly constructed 16-unit multifamily development in NE Portland. The property is delivered as a cohesive, high-quality rental community with a diversified unit mix and phased completion. The portfolio includes two attached fourplex buildings totaling eight townhouse-style residences and an eight-home detached cottage cluster, offering a blend of density, privacy, and long-term durability. The unit mix is renter-driven, featuring two and three bedroom residences with two and a half bathrooms throughout, efficient layouts, and strong separation between living and sleeping areas. Each bedroom includes crown molding with integrated built-in lighting, while main living levels feature built-in elements that add architectural interest and durability. Detached cottages command a rental premium due to increased spacing between homes and enhanced landscaping, while attached townhomes offer private entries, fenced outdoor spaces, and end-unit configurations. One fourplex is fully completed, vacant, and move-in ready, providing immediate lease-up or income potential, while the remaining fourplex and cottage homes are under construction, allowing a buyer to step into a partially stabilized asset with a clear path to full completion. All residences are built with modern, energy-efficient systems including high-performance windows, efficient heat pump heating and cooling, energy-efficient water heating, and whole-house ERV ventilation. The property is located on a 0.58-acre lot and has a property size of 22556 square feet. Street parking only aligns with neighborhood norms. This portfolio outperforms typical townhome rentals through its detached cottage premium, superior interior detailing, private outdoor spaces, and new construction efficiency, supporting stronger rents and long-term asset resilience. The property is zoned R2.5.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
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City
Portland
County
Washington
State
Oregon
Longitude
-122.599696
Latitude
45.543506

FAQs

What type of property is this?
Apartment building - New 16-unit multifamily development in NE Portland.
Where is this apartment building located?
The property is located at 2833 NE 62nd Ave Portland, OR.
What is the asking price?
The asking price for this property is $7,380,900.
What are key features of this property?
This property features: Newly constructed 16‑unit multifamily development in NE Portland with a diversified unit mix.; Portfolio includes both townhouse‑style residences and detached cottage cluster, offering density and privacy.; Renter‑driven unit mix featuring two and three bedroom residences with two and a half bathrooms.
More about this property
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