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  • Price cut: $10K (6/11)
    $869,900

    3614 SW Vermont St, Portland, OR 97219

    6beds
    1,832sqft
    : 
    $6,518/mo
    Get pre-qualified
    Multi Family
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $475/sqft
    $-- HOA

    What's special

    Central community walkwayElevated finishesWalk in closetsSignature millworkCottage inspired detailsTasteful coffered ceilingsBike parking
    A rare SW Portland cottage cluster investment opportunity, this newly built offering includes two front detached homes, each with 3 bedrooms and 2.1 bathrooms, for a combined 6 bedrooms, 4 full bathrooms, and 2 half bathrooms. Both homes are vacant and ready for lease up, allowing an investor to establish new market rents from day one. Detached cottage style residences provide the privacy, identity, and tenant appeal of standalone living while remaining efficient to own and operate. Built by a local boutique builder renowned for elevated finishes, signature millwork, and exceptional architectural detailing that gives every home a custom feel. Where elevated craftsmanship becomes everyday living. Intentionally scaled for lower maintenance ownership, the homes feature open main level living areas and flexible main floor bedrooms that can also serve as offices, dining rooms, or additional living spaces. Upstairs bedrooms feature tasteful coffered ceilings, while walk in closets, laundry, energy efficient mini splits for year round heating and cooling, and 2-10 Builder Warranty coverage add comfort and confidence. Individual entries, a central community walkway, bike parking, and cottage inspired details give the community a polished neighborhood presence. Gabriel Park is just steps away, offering trails, open green space, sports courts, a dog area, playground, and everyday recreation without needing to drive. Nearby Multnomah Village adds coffee, dining, shops, bakeries, neighborhood services, and a recognizable village atmosphere that keeps daily conveniences close to home. Together, these amenities create a compelling setting for tenant attraction and retention. Projected rental income and expenses are pro forma estimates based on anticipated lease up rents and operating assumptions. Buyer to perform all due diligence regarding projected rental cash flow.
    94 days
    |
    376
    |
    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    Darryl Bodle 503-709-4632,

    Keller Williams Realty Portland Premiere,

    Kelly Christian 908-328-1873,

    Keller Williams Realty Portland Premiere

    Source: RMLS (OR),MLS#: 788305557MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 4
      • Partial bathrooms: 2
      Heating
      • Mini Split
      Cooling
      • Heat Pump, Air Conditioning
      Appliances
      • Included: Dishwasher, Range, Electric Water Heater, Tank Water Heater
      • Laundry: Washer Dryer Hookup
      Features
      • Basement: Crawl Space
      Interior area
      • Total structure area: 1,832
      • Total interior livable area: 1,832 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Features: Level, SqFt 0K to 2999
      Details
      • Parcel number: New Construction
      • Zoning: R7

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Board & Batten Siding, Cement Siding, Lap Siding, Shake Siding
      • Foundation: Concrete Perimeter, Stem Wall
      • Roof: Composition
      Condition
      • New Construction
      • Year built: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Sidewalk
      • Subdivision: Multnomah
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $475/sqft
      • Date on market: 5/11/2026
      • Listing terms: Cash,Conventional
      • Total actual rent: 6200
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/11/2026Price change$869,900-1.1%$475/sqft
        Source: RMLS (OR) #788305557 Report a problem
        5/18/2026Price change$879,900-72.8%$480/sqft
        Source: RMLS (OR) #788305557 Report a problem
        5/11/2026Listed for sale$3,229,900$1,763/sqft
        Source: RMLS (OR) #788305557 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Multnomah

        Getting around

        60 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Maplewood
        • Middle: Jackson
        • High: Ida B Wells

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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