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8-Home Cottage Apartment Community
For Sale
$829,900

3614 Southwest Vermont Street, Portland, OR 97219

Detached residences share a central walkway, individual entries, bike parking, and access to nearby park and neighborhood amenities.

Property Size6,782 SF
Price / SF$122.37
Days on Market120

Property Features for 3614 Southwest Vermont Street

General Information

Standard status Active
Size 6,782 SF
Property subtype Multi Family
Zoning R7

Units

Unit Mix 2 x 1BR/1.1BA, 4 x 2BR/2.1BA, 2 x 3BR/2.1BA
Multifamily Units 8

Amenities

bike parking
central community walkway
2
Crawl Space
Concrete Perimeter, Stem Wall
Composition
Board Batten Siding, Cement Siding, Lap Siding, Shake Siding

Building Details

Year Built 2026
Buildings 8
Construction cottage style
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Source: Compass
Added: May 11 Changed: Sep 6 Last Checked: Sep 7 at 11:28AM

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.

Built in 2026, this 8-home apartment property presents a detached cottage-style configuration across 6,782 square feet. The unit mix includes two 1-bedroom, 1.1-bath homes, four 2-bedroom, 2.1-bath homes, and two 3-bedroom, 2.1-bath homes, totaling 16 bedrooms, 14 full bathrooms, and 8 half bathrooms. Each residence has its own entry, while the community includes a central walkway and bike parking.

Interior details include open living areas, kitchen islands with eat-at counters in select homes, upstairs laundry, walk-in closets in select bedrooms, and energy-efficient mini-split systems for heating and cooling. Exterior materials include composition, board-and-batten, cement, lap, and shake siding. The property is zoned R7 and includes 2-10 builder warranty coverage.

Located at 3614 Southwest Vermont Street in Portland, the property is near Gabriel Park and Multnomah Village. The surrounding area provides access to park amenities, trails, sports courts, a dog area, playground, coffee shops, dining, bakeries, retail, and neighborhood services.

Key Highlights

  • 8 detached apartment homes built in 2026
  • Unit mix includes two 1‑bedroom, four 2‑bedroom, and two 3‑bedroom homes
  • Portfolio totals 16 bedrooms, 14 full bathrooms, and 8 half bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Nail Salon Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby

Demographics for 97219, OR

42,474
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,630
Density / Sq Mi
$115,525
Median Household Income
$59,178
Median Earnings
$1,603
Median Rent
$651,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Detached residences share a central walkway, individual entries, bike parking, and access to nearby park and neighborhood amenities.
Where is this apartment building located?
The property is located at 3614 Southwest Vermont Street Portland, OR.
What is the asking price?
The asking price for this property is $829,900.
What are key features of this property?
This property features: 8 detached apartment homes built in 2026; Unit mix includes two 1‑bedroom, four 2‑bedroom, and two 3‑bedroom homes; Portfolio totals 16 bedrooms, 14 full bathrooms, and 8 half bathrooms
More about this property
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