Modern low-maintenance design elementsFlexible layoutsThree thoughtfully designed levelsLarger unit sizes
Exceptional Investment Opportunity. This newly constructed 7-unit community is ideally positioned in Portland’s highly desirable Montavilla neighborhood, an area known for its strong rental demand, vibrant local culture, and excellent access to both urban amenities and major employment corridors. The property features a rare and highly sought-after unit mix, with spacious residences ranging from approximately 1,190 to 1,390 square feet across three thoughtfully designed levels. The homes were crafted by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, reflecting a high level of quality, durability, and long-term appeal. Two units include a flexible ground-floor space well suited for a home office or potential fourth bedroom, catering to today’s work-from-home and multi-use living preferences, while the remaining five units offer efficient and in-demand three-bedroom layouts. All residences feature 2.5 bathrooms and modern, low-maintenance design elements that appeal strongly to long-term tenants. Montavilla continues to stand out as a tenant-favorite neighborhood due to its walkable commercial core, strong community identity, and convenient access to downtown Portland, the Central Eastside, and I-84. Nearby amenities include Montavilla Brew Works, Roscoe’s, Academy Theater, and a variety of local coffee shops, restaurants, and neighborhood services along SE Stark Street. Residents also enjoy close proximity to Montavilla Park, providing green space and outdoor recreation just minutes from home. This combination of new construction, larger unit sizes, flexible layouts, and a proven rental location is seldom found in today’s market. A compelling opportunity for investors seeking durable construction, strong tenant appeal, and long-term income stability in one of Northeast Portland’s most consistently desirable neighborhoods.
304 days
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52
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1
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Zillow last checked:
Listing updated:
Listed by:
Darryl Bodle503-709-4632,
Keller Williams Realty Portland Premiere,
Kelly Christian908-328-1873,
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 799680224
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 23
Bathrooms: 21
Full bathrooms: 14
Partial bathrooms: 7
Heating
Mini Split
Cooling
Air Conditioning
Appliances
Included: Dishwasher, Microwave, Range, Electric Water Heater
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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