Detached Cottage Multifamily
For Sale
$940,000
1414 SW 3RD AVE 2802 2802, Portland, OR 97206
Twelve new detached 2-bedroom cottages with in-unit laundry and mini-split heating and cooling for an easy, modern rental setup.
Property Size1,881 SF
Days on Market57
Property Features for 1414 SW 3RD AVE 2802 2802
General Information
Standard status
Active
Size
1,881 SF
Property subtype
Condominium
Additional Details
Cap Rate
5.83%
Multifamily Units
12
Building Details
Building Size
1,881 SF
Year Built
2026
Tenancy
Multi
Listing Agency:
Keller Williams Realty Portland Premiere
(503) 597-2444
Listed By:
Emily Hetrick · License #199910100
(503) 927-3663
Source:
Realestatepdx
Added: Jun 25
Changed: Aug 18
Last Checked: Aug 20 at 4:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Portland Premiere
Investment Insights
Based on property information with market context.
This offering consists of twelve newly constructed detached cottage homes designed for efficient, consistent operations. Each unit includes 2 bedrooms and 2.1 bathrooms, solid surface countertops, and a peninsula island with an eat bar. Homes also feature practical in-unit storage, tasteful coffered ceilings in the bedroom, and private entries with a two-level layout that supports separated living and sleeping areas. Each cottage is delivered with a provided refrigerator, washer and dryer, and window coverings. Heating and cooling are handled via mini-split systems, including a main-level unit and a mini split in each bedroom. Outdoor space includes patio areas and low-maintenance yards, with the back two homes offering larger yard space.
The portfolio is located in Brentwood Darlington in Southeast Portland, with Brentwood Park and the Brentwood Community Garden within easy reach. Additional nearby options mentioned include the Mt. Scott Community Center, Woodstock New Seasons, and local dining and errands around the Foster area, along with bike routes and parks.
For tenants, the combination of detached living, private entries, and move-in-ready inclusions supports a straightforward transition from day one. For owners, the uniform unit mix is built around two measured sizes, with two cottages at 899 square feet and ten cottages at 978 square feet, helping streamline underwriting, leasing, and long-term property management.
The portfolio is located in Brentwood Darlington in Southeast Portland, with Brentwood Park and the Brentwood Community Garden within easy reach. Additional nearby options mentioned include the Mt. Scott Community Center, Woodstock New Seasons, and local dining and errands around the Foster area, along with bike routes and parks.
For tenants, the combination of detached living, private entries, and move-in-ready inclusions supports a straightforward transition from day one. For owners, the uniform unit mix is built around two measured sizes, with two cottages at 899 square feet and ten cottages at 978 square feet, helping streamline underwriting, leasing, and long-term property management.
Key Highlights
- Year built 2026: 12 detached cottages in a single portfolio in Brentwood‑Darlington
- All units feature 2 bedrooms and 2.1 bathrooms with solid‑surface countertops and a peninsula island with eat bar
- Unit sizes: 2 cottages at 899 SF and 10 cottages at 978 SF
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,352
Businesses Nearby
Explore this area
Business Placement
Demographics for 97206, OR
51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Twelve new detached 2-bedroom cottages with in-unit laundry and mini-split heating and cooling for an easy, modern rental setup.
Where is this apartment building located?
The property is located at 1414 SW 3RD AVE 2802 2802 Portland, OR.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: Year built 2026: 12 detached cottages in a single portfolio in Brentwood‑Darlington; All units feature 2 bedrooms and 2.1 bathrooms with solid‑surface countertops and a peninsula island with eat bar; Unit sizes: 2 cottages at 899 SF and 10 cottages at 978 SF
