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New Construction Quadplex with Private Patios
For Sale
Contact for pricing
Pending

4038 SE Salmon St, Portland, OR 97214

Four-unit residential property with modern interiors, fenced outdoor areas, and convenient access to shops, dining, coffee, and grocery retail.

Property SizeContact for details
Days on Market142

Property Features for 4038 SE Salmon St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 4
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 9:11PM

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 new-construction quadplex contains four two-bedroom, 2.1-bath residences with open layouts, tall ceilings, expansive windows, and private fenced patios. Each unit includes air conditioning and a contemporary kitchen equipped with warm-toned cabinetry, quartz countertops, extensive tile backsplash, and stainless steel appliances. Black hardware and coordinated designer finishes complete the interiors.

The property is located at 4038 SE Salmon St in Portland’s Hawthorne area, with a 96 WalkScore/100BikeScore and New Seasons 0.02mi away. Restaurants, shops, and coffee are described as being within a short walk. A 1-year builder warranty from a local boutique builder accompanies the new construction.

Key Highlights

  • Four‑unit quadplex with four 2 bed/2.1 bath residences
  • New construction with a 1‑year builder warranty
  • Private, fenced patios and AC in each unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Auto Parts Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Plumbing Service Parking Lot & Garage

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,826
Businesses Nearby

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
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?
Quadplex - Four-unit residential property with modern interiors, fenced outdoor areas, and convenient access to shops, dining, coffee, and grocery retail.
Where is this quadplex located?
The property is located at 4038 SE Salmon St Portland, OR.
What are key features of this property?
This property features: Four‑unit quadplex with four 2 bed/2.1 bath residences; New construction with a 1‑year builder warranty; Private, fenced patios and AC in each unit
(503) 597-2444 Call to check price and availability
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