Contact Information: 503-709-4632
Contact Information: 503-709-46326439 SE 88th AVEPortland, OR 97266
Multi-Family · 5,224 Sq. ft. | 0.16 Acres6439 SE 88th AVE Overview
- Time on Site:
- 192 days
- Visits:
- 14
Introducing a rare new-construction multifamily opportunity featuring four detached homes thoughtfully designed as a boutique cottage cluster by a multi-year Street of Dreams builder and Builder of the Year award winner. This offering is well suited for long-term hold investors seeking modern construction, efficient systems, and durable rental demand in Southeast Portland. The front two homes are approximately 1,423 sqft each and include one-car garages with driveway parking, while the rear two homes are approximately 1,189 sqft each with street parking. All four homes feature three bedrooms and two and one-half bathrooms, creating a consistent and highly desirable unit mix. Each residence includes a dedicated in-unit laundry space and energy-efficient mini-split systems for year-round heating and cooling. The rear homes are highlighted by spacious kitchen islands with eat bars, enhancing functionality and tenant appeal. Detached construction, modern layouts, and brand-new systems support reduced maintenance expectations and long-term durability. The cottage cluster design offers privacy and individuality for tenants while remaining efficient from an ownership and management perspective. Manicured landscaping is in place throughout the shared common space, reinforcing curb appeal and creating an inviting community setting. Located in Southeast Portland, the property benefits from proximity to amenities that support consistent rental demand. Nearby favorites include Broken Rice Restaurant, DOYAJI, Sherpa Kitchen, Habanero Burrito, and Shiki Shiki Baba Turkish Kitchen, along with coffee spots such as Refuge Coffee House, Loro Coffee Montavilla, and Monti's Cafe. Parklane Park offers nearby green space and recreation. A compelling opportunity to acquire brand-new, detached rental homes with a strong unit mix, efficient systems, and excellent neighborhood fundamentals.
6439 SE 88th AVE Facts & Features
- Type Multi-Family
- Sq. ft. 5,224
- Price/Sq.ft. $347
- Lot 0.16 Acres
Details
General
School Information
- Elementary School: Kelly
- Middle Or Junior School: Lane
- High School: Franklin
Income/Expenses
- Gross Income: 120999.0
- Net Operating Income: 88647.0
- Operating Expense: 32353.0
Building Information
- Year Built: 2025
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 143 - Portland Southeast
- Subdivision Name: LENTS
Rent/Lease Information
- Rent Includes: None
Tax Information
- Tax Annual Amount: 0
- Tax Year: 2025
General Information
- Disclosures: Exempt
- Listing Terms: Conventional,FHA,VA Loan
- Parcel Number: New Construction
- Property Condition: New Construction
- Property Type: Multi Family
- Zoning: R2.5
Interior
Parking Information
- Garage Spaces: 2.0
Building Interior
- Building Area Total: 5224.0
General Information
- Basement: Crawl Space
- Cooling: Heat Pump,Mini Split
- Foundation Details: Slab,Stem Wall
- Heating: Mini Split,Wall Heater
- Security Features: Sidewalk
- Stories: 2
Exterior
Parking Information
- Parking Features: Garage,On Street
- Parking Total: 0
Lot Information
- Lot Features: Level
- Lot Size Acres: 0.16
- Lot Size Dimensions: 70x100
- Lot Size Square Feet: 6969.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 4
- Sewer: Public Sewer
6439 SE 88th AVE Neighborhood
Community
97266 (Portland) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.6439 SE 88th AVE Monthly Cost
6439 SE 88th AVE Market Data
Based on the last 30 days in this zip code
6439 SE 88th AVE History
| Date | Value | Agent |
|---|---|---|
| 4/30/2026Source: Regional MLS | $1,813,900 -0.3% |
|
| 2/27/2026Source: Regional MLS | $1,819,900 -0.5% |
|
| 12/19/2025Source: Regional MLS | December 19, 2025 |
