8328 N Bank ST, Portland, OR 97203

This offering is a new-construction cottage cluster comprising 11 detached homes. The residences are purpose-built for durability and efficiency, with energy-efficient mini-split systems providing heating and cooling year-round. The detached configuration is designed to balance privacy with practical on-site density, supporting straightforward day-to-day management and long-term operational flexibility under a fee-simple ownership structure.

The property is located in Portland’s St. Johns neighborhood on N Bank St. The area is positioned for convenient access to several nearby recreational and community destinations, including Cathedral City Park, St. Johns Park, Pier Park, and the St. Johns Bridge. Residents also have a range of nearby dining and café options, including Two Stroke Coffee, Affogato, John Street Cafe, Leisure Public House, and StormBreaker Brewing, along with Wonderwood Springs and The Fixin’ To.

For investors or operators looking for a residential income asset, this detached, fee-simple structure offers the option to hold as a portfolio while retaining future disposition flexibility subject to buyer strategy and local regulations. The focus on efficient mechanical systems may support broad tenant appeal by targeting year-round comfort with modern equipment.