4840 Campaign St, Portland, OR 97218
This exceptional investment opportunity presents five brand-new, detached homes in Portland, Oregon's desirable Cully neighborhood. Each home boasts three bedrooms and 2.1 bathrooms, totaling 15 bedrooms across the five units. With a combined square footage of 5,941, these 2-story buildings offer spacious, light-filled interiors featuring open-concept floor plans, lofty ceilings, cozy fireplaces, and ample storage. Kitchens are equipped with warm cabinetry, exquisite tile work, and stainless steel appliances. Primary suites include expansive windows and luxurious ensuites with walk-in showers. Additional bedrooms share well-appointed bathrooms with soaking tubs. Each home includes a private fenced backyard. Located near NE Fremont St and parks, this property benefits from a 95 BikeScore. The property is zoned R5 and comes with a one-year builder warranty. This portfolio offers a compelling combination of modern design, prime location, and strong rental potential, making it an ideal addition to any investment portfolio. The asking price is $2,199,900. Built in 2024, this multifamily property consists of five buildings, each a separate unit.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.