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    New Multifamily Development in Portland Title is generated by Realmo AI

    2833 NE 62nd Ave, Portland, OR 97213

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    Claim this Listing
    For Sale
    $7,849,900

    MULTI_FAMILY - Portland, OR

    Property size:
    20,230 SF
    Lot size:
    0.58 Acres
    Price / SF:
    $388/SF
    Added:
    Feb 9, 2026
    Days on Market:
    128
    Last Refresh:
    Jun 17 at 2:06 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
    Bathroom 5, Bedroom 2, Bathroom 8, Bathroom 1, Bathroom 12, Bedroom 7, Bathroom 14, Bedroom 13, Bathroom 6, Bathroom 9, Bedroom 9, Bathroom 13, Bathroom 10, Bathroom 4, Bedroom 8, Bathroom 2, Bedroom 6, Bedroom 12, Bedroom 3, Bedroom 11, Bathroom 3, Bedroom 14, Bathroom 7, Bedroom 1, Bedroom 5, Bathroom 11, Bathroom 15, Bedroom 10, Bedroom 4
    Standard status
    Active
    APN
    New Construction
    Size
    20,230 SF
    Lot size
    0.58 Acres

    Utilities

    Cooling system
    Heat Pump

    Building Details

    Year built
    2026
    Floors in Building
    2
    Number of units
    18
    Roof type
    Composition

    We can help!

    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 Listing URL

    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.

    HighLights

    • New 18‑unit multifamily development in NE Portland’s Rose City Park neighborhood, built in 2026
    • Planned mix includes 8 detached cottage homes and 10 attached townhouse‑style residences
    • Projected 5.69% cap rate at stabilization, per provided remarks
    • Heat pump HVAC throughout and composition roof
    • Two- and three‑bedroom units with two and a half bathrooms, with separation between living and sleeping areas
    • Near Rose City Park, Normandale Park, Rose City Golf Course, the Hollywood District, Beaumont Village, and I‑84 connections

    Overview

    This is a newly constructed 18-unit multifamily development in the Rose City Park neighborhood of NE Portland. The property features a diversified unit mix and immediate lease-up potential. Designed and developed by a local builder, the property includes an eight-home detached cottage cluster and ten attached townhouse-style residences. All homes are completed, vacant, and ready for lease up. The unit mix is tenant-focused, featuring two and three-bedroom residences with two and a half bathrooms throughout. Two homes within the cottage cluster also feature a main floor fourth bedroom or office space. Each bedroom includes crown molding with integrated built-in lighting, while main living levels include built-in features. The detached cottages command a rental premium due to increased spacing and enhanced landscaping, while attached townhomes offer private entries, fenced outdoor spaces, and end unit configurations. The Rose City Park location provides access to Rose City Park, Normandale Park, Rose City Golf Course, the Hollywood District, Beaumont Village, NE Sandy dining and coffee, grocery options, transit, and I 84 connections. Residences include high-performance windows and efficient heat pump heating and cooling. The property is situated on a 0.58-acre lot and has a property size of 20230 square feet. The zoning is R2.5.
    Property Profile 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
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.599696
    Latitude
    45.543506

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    FAQs

    What type of property is this?
    Apartment building - Newly constructed 18-unit multifamily property in Rose City Park.
    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 $7,849,900.
    What are key features of this property?
    This property features: New 18‑unit multifamily development in NE Portland’s Rose City Park neighborhood, built in 2026; Planned mix includes 8 detached cottage homes and 10 attached townhouse‑style residences; Projected 5.69% cap rate at stabilization, per provided remarks
    (503) 709-4632
    We can help!
    Listing Contact
    Darryl Bodle
    Darryl Bodle
    Real Estate License ID: 199910100
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