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Rose City Park Multifamily Investment

2938 NE 62nd Ave, Portland, OR 97213

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For Sale

$2,889,900

MULTI_FAMILY - Portland, OR

Property size:

7,179 SF

Lot size:

0.22 Acres

Price / SF:

$402/SF

HighLights

New construction 7‑unit multifamily in Portland’s Rose City Park neighborhood (2026 build), with all units vacant, complete, and ready for lease‑up
Two‑building townhouse‑style design totaling ~7,179 SF, with unit sizes ranging from ~912 SF to ~1,177 SF
Unit mix: 3 end units (3BR, 2.1BA, ~1,177 SF each) and 4 interior units (2BR, 2.1BA, ~912 SF each)
Portfolio layout totals 17 bedrooms, 14 full bathrooms, and 7 half bathrooms
Each residence includes private outdoor space and energy‑efficient mini split systems for year‑round heating and cooling
Heat pump system for heating and cooling; composition roof

We can help!

Listing Contact

Darryl Bodle

For Sale

$2,889,900

MULTI_FAMILY - Portland, OR

Property size:

7,179 SF

Lot size:

0.22 Acres

Price / SF:

$402/SF

Added:: Feb 26, 2026
Days on Market:: 106
Last Refresh:: Jun 12 at 7:06 pm

Property Features for 2938 NE 62nd Ave

General Information

Property type: Residential Multi Family
Property subtype: Other
Property condition: Under Construction
Zoning: R2.5
Bedrooms: 5
Bathrooms: 6
Rooms: Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bathroom 6, Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 4, Bedroom 1
Standard status: Active
APN: New Construction
Size: 7,179 SF
Lot size: 0.22 Acres

Utilities

Heating system: Heat Pump (Heating)
Cooling system: Heat Pump

Building Details

Year built: 2026
Floors in Building: 2
Number of units: 7
Roof type: Composition

We can help!

Listing Contact

Darryl Bodle

Listing agent Darryl Bodle License #199910100

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

Listing date Feb 26, 2026

MLS# 204317021 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 construction 7‑unit multifamily in Portland’s Rose City Park neighborhood (2026 build), with all units vacant, complete, and ready for lease‑up
Two‑building townhouse‑style design totaling ~7,179 SF, with unit sizes ranging from ~912 SF to ~1,177 SF
Unit mix: 3 end units (3BR, 2.1BA, ~1,177 SF each) and 4 interior units (2BR, 2.1BA, ~912 SF each)
Portfolio layout totals 17 bedrooms, 14 full bathrooms, and 7 half bathrooms
Each residence includes private outdoor space and energy‑efficient mini split systems for year‑round heating and cooling
Heat pump system for heating and cooling; composition roof

Overview

Located in Portland's Rose City Park neighborhood, this newly constructed 7-unit multifamily property offers a modern asset in a highly rentable location. The property includes seven townhouse-style residences across two buildings totaling approximately 7,179 square feet. There are three end units configured as 3 bedrooms and 2.1 bathrooms at approximately 1,177 square feet each, and four interior units configured as 2 bedrooms and 2.1 bathrooms at approximately 912 square feet each. In total, the portfolio offers 17 bedrooms, 14 full bathrooms, and 7 half bathrooms. Each residence includes private outdoor space and energy-efficient mini-split systems for year-round heating and cooling. The property was designed and developed by a local boutique builder known for quality construction, high-end finishes, extensive built-ins, distinctive accent walls, and crown molding with integrated lighting throughout the units. Each home is thoughtfully designed with high ceilings on the main level, open great room layouts, upstairs laundry conveniently located near the bedrooms, and strong unit differentiation that supports long-term tenant appeal. Interior unit bedrooms feature vaulted ceilings, enhancing the spacious feel, while end units benefit from larger private yards. The location offers convenience near NE Sandy Blvd, the Hollywood District, grocery options, cafes, restaurants, parks, bike routes, and transit access. The lot size is 0.22 acres.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.599103
Latitude: 45.543893

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For sale
Apartment buildings
OR
Portland
97213
2938 NE 62nd Ave

What type of property is this?

Apartment building - New 7-unit multifamily property in Portland's Rose City Park.

Where is this apartment building located?

The property is located at 2938 NE 62nd Ave Portland, OR.

What is the asking price?

The asking price for this property is $2,889,900.

What are key features of this property?

This property features: New construction 7‑unit multifamily in Portland’s Rose City Park neighborhood (2026 build), with all units vacant, complete, and ready for lease‑up; Two‑building townhouse‑style design totaling ~7,179 SF, with unit sizes ranging from ~912 SF to ~1,177 SF; Unit mix: 3 end units (3BR, 2.1BA, ~1,177 SF each) and 4 interior units (2BR, 2.1BA, ~912 SF each)

2938 NE 62nd Ave, Portland, OR 97213

MULTI_FAMILY - Portland, OR

Property Features for 2938 NE 62nd Ave

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Community

Single-Level Fourplex with Garages

Detached Cottage Multifamily Portfolio

Modern 4-Unit Residential Property

New Construction Cottage Portfolio

New Multifamily Investment by Park

Versatile Commercial Property with Warehouse

1907 Duplex with Separate Entrances

New Cottage Homes in Beaumont-Wilshire

Four-Unit Residential Income Property

Craftsman Triplex with Three Meters

Leased Triplex with Coin-Op Laundry

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