New Multifamily Property in
6166 Northeast Stanton Street Portland, OR 97213
6166 Northeast Stanton Street, Portland, OR, 97213
$899,900
For Sale
$899,900
Newly constructed two-unit multifamily property in Rose City Park.
Property Size2,316 SF
Price / SF$388.56
Days on Market60
Property Features for 6166 Northeast Stanton Street
General Information
- Standard status
- Active
- Size
- 2,316 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2026
Listing Agency
Keller Williams Realty Portland Premiere
(503) 709-4632
Listed by
Darryl Bodle · License #199910100
(503) 709-4632
Source
Compass
Added: May 20 Checked: Jul 17 at 5:04 am
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 newly constructed two-unit multifamily property is located in the Rose City Park neighborhood of NE Portland. Designed and developed by a local boutique builder, the property consists of two detached cottages, completed and vacant, ready for lease. The residences are three-bedroom units with two and a half bathrooms, featuring efficient layouts and separation between living and sleeping areas. Each bedroom includes crown molding with integrated built-in lighting, while the main living levels include built-in features. The location provides access to Rose City Park, Normandale Park, Rose City Golf Course, the Hollywood District, Beaumont Village, NE Sandy dining and coffee, grocery options, transit, and I-84 connections. Residences include high-performance windows and efficient heat pump heating and cooling. The property size is 2316 square feet.
Key Highlights
- New construction 2‑unit multifamily property in Rose City Park, NE Portland.
- Designed by a renowned local builder known for efficient space use and attention to detail.
- Detached cottages with 3 bedrooms, 2.5 bathrooms, and enhanced landscaping.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.6k | $21.00 |
| − Vacancy | −$2.5k | −$1.09 |
| EGI | $46.1k | $19.91 |
| − OpEx | −$13.8k | −$5.97 |
| NOI | $32.3k | $13.94 |
2,316 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$461.1K
$403.4K – $537.9K
NOI $32,275 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$424.8K
$371.7K – $495.6K
NOI $29,737 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$650.4K
$569.1K – $758.8K
NOI $45,527 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newly constructed two-unit multifamily property in Rose City Park.
Where is this duplex located?
The property is located at 6166 Northeast Stanton Street Portland, OR.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: New construction 2‑unit multifamily property in Rose City Park, NE Portland.; Designed by a renowned local builder known for efficient space use and attention to detail.; Detached cottages with **3 bedrooms, 2.5 bathrooms, and enhanced landscaping.**
