7250 78Th Ave, Portland, OR 97206
This stunning new 2-story, 3,850 square foot, 4-plex in Portland, Oregon's desirable Multnomah County (zip code 97206, 7250 SE 78th Ave) offers a compelling investment opportunity. Built in 2024, the property boasts a desirable unit mix: two 3-bedroom/2.1-bathroom units and two 2-bedroom/2.1-bathroom units, each featuring an open-concept layout, spacious living rooms, modern kitchens with ample cabinetry, expansive tile work, and stainless steel appliances. Upstairs, generously sized bedrooms and two full bathrooms provide comfort and convenience. Large windows and loft ceilings create a bright and airy atmosphere. The property's central location provides easy access to coffee shops, groceries, and restaurants (within 0.3 miles), and convenient commuting via I-205. The asking price is $1,439,900, representing a price per unit of $359,975 and a price per square foot of $374. The property's pro-forma NOI is $86,142, yielding a 5.98% cap rate. The property is zoned R2.5 and comes with a one-year builder warranty. This is a turnkey investment ready for immediate income generation. Ten total bedrooms are spread across the four units.
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.