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Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$4,313,900
Est. payment /mo
11,578 SqFt
Active
7033 SE 60th AVE Portland, OR 97206
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,578 sqft
Price per Sqft $372
Subdivision Brentwood - Darlington
MLS Listing ID 319163089
Year Built 2026
Lot Size 0.330 Acres
Property Description
New construction 12 home detached cottage portfolio in Brentwood Darlington, offering rare scale, efficient unit design, and strong tenant appeal in a convenient Southeast Portland location. The offering includes twelve detached cottages, each with 2 bedrooms and 2.1 bathrooms. Crafted by a local family builder with roots in finish carpentry, each home reflects enduring craftsmanship, forward thinking design, and a commitment to strengthening Portland's neighborhoods. Built better from the finish up. Interiors feature solid surface countertops, peninsula islands with eat bars, practical storage, and tasteful coffered bedroom ceilings. Each cottage includes a refrigerator, washer and dryer, and window coverings, helping ease the move in process and support a clean leasing presentation from day one. Mini split heating and cooling on the main level and in each bedroom provides efficient year round comfort throughout every key living space. Two cottages offer 899 square feet and ten offer 978 square feet, creating a consistent unit mix for underwriting, leasing, and long term operations. Private entries, detached living, efficient two level layouts, patio spaces, and low maintenance outdoor areas enhance tenant appeal, while the back two homes offer larger, premium yard space. Projected pro forma cap rate of 5.83% at stabilization. Buyer to verify all income, expenses, and assumptions. Brentwood Park, Brentwood Community Garden, Mt. Scott Community Center, Woodstock New Seasons, Foster area dining, neighborhood coffee, parks, errands, and bike routes are all within easy reach. Nearby Woodstock favorites add further convenience and help the homes live larger than their footprints. A rare opportunity to acquire a full new construction detached cottage cluster with uniform layouts, modern systems, and a location positioned for durable rental demand.
Location
State OR
County Multnomah
Area _143
Zoning R5
Rooms
Basement Crawl Space
Interior
Heating Mini Split
Cooling Heat Pump, Mini Split
Exterior
View Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Level, Public Road
Story 2
Foundation Concrete Perimeter, Stem Wall
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Whitman
Middle Schools Lane
High Schools Franklin
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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