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    OFF-MARKET
    Residential income homes

    7250 78Th Ave, Portland, OR 97206

    3,850 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Residential income homes
    Year built 2024
    Total area 3,850 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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