New Construction Cottage Cluster

8328 N Bank St, Portland, OR 97203

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For Sale

$4,123,900

MULTI_FAMILY - Portland, OR

Property size:

9,597 SF

Lot size:

0.26 Acres

Price / SF:

$429/SF

HighLights

New‑construction cottage cluster in Portland’s St. Johns neighborhood with 11 detached homes on N Bank St
Fee‑simple ownership structure with 11 detached residences for long‑term operational flexibility and resale optionality
Under construction; Year built: 2025
Each home includes energy‑efficient mini‑split systems for year‑round heating and cooling
Roof types include composition and metal
Built by a multi‑year Street of Dreams builder and Builder of the Year award winner

We can help!

Listing Contact

Darryl Bodle

For Sale

$4,123,900

MULTI_FAMILY - Portland, OR

Property size:

9,597 SF

Lot size:

0.26 Acres

Price / SF:

$429/SF

Added:: Jan 6, 2026
Days on Market:: 164
Last Refresh:: Jun 19 at 8:06 pm

Property Features for 8328 N Bank St

General Information

Property type: Residential Multi Family
Property subtype: Other
Property condition: Under Construction
Zoning: R5
Bedrooms: 10
Bathrooms: 15
Rooms: Bathroom 8, Bedroom 5, Bathroom 11, Bedroom 3, Bathroom 5, Bathroom 9, Bedroom 8, Bedroom 2, Bathroom 10, Bedroom 7, Bathroom 6, Bedroom 6, Bathroom 3, Bathroom 7, Bathroom 2, Bathroom 14, Bathroom 12, Bathroom 1, Bedroom 1, Bathroom 13, Bedroom 9, Bathroom 4, Bathroom 15, Bedroom 10, Bedroom 4
Standard status: Active
APN: New Construction
Size: 9,597 SF
Lot size: 0.26 Acres

Utilities

Cooling system: Heat Pump

Building Details

Year built: 2025
Floors in Building: 2
Number of units: 11
Roof type: Metal, Composition

We can help!

Listing Contact

Darryl Bodle

Listing agent Darryl Bodle License #199910100

Listing office Keller Williams Realty Portland Premiere 7504 SW Bridgeport Rd, Portland, OR

Listing date Jan 6, 2026

MLS# 390824442 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

New‑construction cottage cluster in Portland’s St. Johns neighborhood with 11 detached homes on N Bank St
Fee‑simple ownership structure with 11 detached residences for long‑term operational flexibility and resale optionality
Under construction; Year built: 2025
Each home includes energy‑efficient mini‑split systems for year‑round heating and cooling
Roof types include composition and metal
Built by a multi‑year Street of Dreams builder and Builder of the Year award winner

Overview

Located in Portland's highly desirable St. Johns neighborhood, this property features a new-construction cottage cluster consisting of 11 detached homes. The residences are located on N Bank St. The detached configuration and fee-simple ownership structure provide long-term operational flexibility and simplified management. Each residence features energy-efficient mini-split systems for year-round heating and cooling, supporting lower operating costs and broad tenant appeal. The project was delivered by a multi-year Street of Dreams builder and Builder of the Year award winner. The cohesive site layout balances privacy and density, enhancing tenant satisfaction while maintaining an approachable neighborhood scale. The St. Johns location continues to demonstrate strong rental demand driven by proximity to major employers, recreation, and everyday amenities. Residents enjoy quick access to Cathedral City Park, St. Johns Park, Pier Park, and the St. Johns Bridge, along with nearby dining, coffee, and breweries including Two Stroke Coffee, Affogato, John Street Cafe, Leisure Public House, StormBreaker Brewing, Wonderwood Springs, and The Fixin' To. This amenity-rich environment supports rent stability, reduced vacancy, and long-term appreciation. The property is zoned R5 and has a lot size of 0.26 acres. The property size is 9597 square feet. This asset is well-suited for investors seeking durable cash flow, low near-term capital needs, and strong exit optionality in one of North Portland's most established submarkets.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.747251
Latitude: 45.599656

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For sale
Apartment buildings
OR
Portland
97203
8328 N Bank St

What type of property is this?

Apartment building - Eleven detached homes in Portland's desirable St. Johns neighborhood.

Where is this apartment building located?

The property is located at 8328 N Bank St Portland, OR.

What is the asking price?

The asking price for this property is $4,123,900.

What are key features of this property?

This property features: New‑construction cottage cluster in Portland’s St. Johns neighborhood with 11 detached homes on N Bank St; Fee‑simple ownership structure with 11 detached residences for long‑term operational flexibility and resale optionality; Under construction; Year built: 2025

8328 N Bank St, Portland, OR 97203

MULTI_FAMILY - Portland, OR

Property Features for 8328 N Bank St

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Community

Single-Level Fourplex with Garages

Park-Front Fourplex Opportunity

Detached Cottage Multifamily Portfolio

New Construction Cottage Portfolio

New Multifamily Investment by Park

Versatile Commercial Property with Warehouse

1907 Duplex with Separate Entrances

Mixed-Use Development Fixer

Rose City Park Multifamily Investment

New Cottage Homes in Beaumont-Wilshire

Corner-Lot Multi-Family Home

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