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3-Unit Detached Cottage Property
New
For Sale
$1,575,000

5498 Se Boise St, Portland, OR 97206

Three individual homes combine private yards with a shared courtyard and flexible interior space.

Property SizeContact for details
Days on Market6

Property Features for 5498 Se Boise St

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 3 x 3BR+loft/2BA
Multifamily Units 3

Additional Details

Public Transit Yes

Amenities

private outdoor spaces
dedicated yards
shared courtyard

Building Details

Year Built 2025
Listing Agency: Berkshire Hathaway HomeServices NW Real Estate
Listed By: Kelly Asmus · License #201218568
Source: Portlandorhomelistings
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:20PM

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.

Built in 2025, this multifamily property comprises three detached residences, each with 1,359 square feet, three bedrooms, a loft or office, and two full bathrooms. Interiors feature Bosch appliances, induction cooktops, quartz countertops, and modern cabinetry. Building systems include heat pump HVAC, high-performance windows, whole-house ERV ventilation, and all-electric service. The homes hold Earth Advantage Platinum certification and are described as Net Zero Ready and Solar Ready.

The property is at 5498, 5488, and 5484 SE Boise St in Portland. Walk Score is 90 and Bike Score is 99. Nearby destinations named include shops, a theater, Carts on Foster, Kern Park, pubs, and transit. Street parking is the provided parking arrangement; the property also has individual yards and a common courtyard.

Key Highlights

  • Three detached residences, each measuring 1,359 square feet
  • Each home has 3 bedrooms, a loft/office, and 2 full baths
  • Earth Advantage Platinum certified; Net Zero Ready and Solar Ready

Property Analytics

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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.

Lease Details

3
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Three individual homes combine private yards with a shared courtyard and flexible interior space.
Where is this multifamily property located?
The property is located at 5498 Se Boise St Portland, OR.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Three detached residences, each measuring 1,359 square feet; Each home has 3 bedrooms, a loft/office, and 2 full baths; Earth Advantage Platinum certified; Net Zero Ready and Solar Ready
More about this property
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