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.
Active
Price cut: $7K (9/5)
$2,742,900
7190 NE Glisan St, Portland, OR 97213
23beds
8,760sqft
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$313/sqft
$-- HOA
What's special
Modern low-maintenance design elementsFlexible layoutsThree thoughtfully designed levelsLarger unit sizes
- 395 days
- 55
- 3
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#: 799680224
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
Features
- Basement: Crawl Space
Interior area
- Total structure area: 8,760
- Total interior livable area: 8,760 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 4,356 Square Feet
- Dimensions: 45 x 100
- Features: Level, SqFt 3000 to 4999
Details
- Parcel number: New Construction
- Zoning: CM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Board & Batten Siding, Cement Siding, Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New Construction
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Sidewalk
- Subdivision: Montavilla
Location
- Region: Portland
Financial & listing details
- Price per square foot: $313/sqft
- Date on market: 9/10/2025
- Listing terms: Cash,Conventional
- Total actual rent: 19150
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2026 | Price change | $2,742,900-0.3%$313/sqft |
Source: | ||
| 4/30/2026 | Price change | $2,749,900-1.4%$314/sqft |
Source: | ||
| 2/27/2026 | Price change | $2,788,888-3%$318/sqft |
Source: | ||
| 1/15/2026 | Price change | $2,874,900-0.7%$328/sqft |
Source: | ||
| 1/8/2026 | Price change | $2,894,900-2%$330/sqft |
Source: | ||
| 12/4/2025 | Price change | $2,954,900-3.1%$337/sqft |
Source: | ||
| 11/21/2025 | Price change | $3,049,900+4.1%$348/sqft |
Source: | ||
| 11/5/2025 | Price change | $2,929,900-2.3%$334/sqft |
Source: | ||
| 10/8/2025 | Price change | $2,999,900-2.3%$342/sqft |
Source: | ||
| 9/10/2025 | Listed for sale | $3,069,300$350/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Montavilla
Nearby schools
Schools provided by the listing agent
- Elementary: Vestal
- Middle: Roseway Heights
- High: Leodis Mcdaniel
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






