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3-Unit Detached Cottage Portfolio
For Sale
$1,599,950

5484 Se Boise St, Portland, OR 97206

All-electric detached residences combine flexible floor plans, private yards, shared outdoor space, and high-performance building systems.

Property SizeContact for details
Days on Market19

Property Features for 5484 Se Boise St

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $1.00
Listing Agency: Berkshire Hathaway HomeServices NW Real Estate
Listed By: Kelly Asmus · License #201218568
Source: Exprealty
Added: Aug 6 Changed: Aug 21 Last Checked: Aug 24 at 10:00AM

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 Berkshire Hathaway HomeServices NW Real Estate

Investment Insights

Based on property information with market context.

This three-unit multifamily portfolio comprises detached, all-electric cottages in Portland’s Foster-Powell area. Each residence measures 1, 359 sq ft and includes 3 bedrooms, a loft/office, and 2 full baths. Interior features include Bosch appliances, induction cooktops, quartz countertops, and contemporary cabinetry. Private yards and a shared courtyard add outdoor space, while street parking follows the surrounding neighborhood pattern.

The homes carry Earth Advantage Platinum certification and are identified as HES 10, Net Zero Ready, and Solar Ready. High-performance windows, heat pump HVAC, advanced air sealing, and whole-house ERV ventilation are integrated into the construction. The property also has a 15-year new construction rent control exemption. Walk Score 90 and Bike Score 99 place the portfolio near shops, theater, Carts on Foster, Kern Park, pubs, and transit. The three-unit portfolio includes 5488, 5486, and 5484 SE Boise St.

Key Highlights

  • Three detached residences, each measuring 1, 359 sq ft with 3 bedrooms, loft/office, and 2 full baths
  • Earth Advantage Platinum certification with HES 10, Net Zero Ready, and Solar Ready designations
  • Bosch appliances, induction cooktops, quartz countertops, and modern cabinetry

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Travel Agency

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

Location Intelligence

Trade Area within ½ mile

918
Businesses Nearby

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

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

What type of property is this?
Multifamily property - All-electric detached residences combine flexible floor plans, private yards, shared outdoor space, and high-performance building systems.
Where is this multifamily property located?
The property is located at 5484 Se Boise St Portland, OR.
What is the asking price?
The asking price for this property is $1,599,950.
What are key features of this property?
This property features: Three detached residences, each measuring 1, 359 sq ft with 3 bedrooms, loft/office, and 2 full baths; Earth Advantage Platinum certification with HES 10, Net Zero Ready, and Solar Ready designations; Bosch appliances, induction cooktops, quartz countertops, and modern cabinetry
More about this property
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