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503-935-2560
Smira Group
7262 SW 1st AVE, Portland, OR 97219
- $1,519,900
- 3,810
- SqFt
- List Price
- $1,519,900
- Price Change
- ▼ $540,000 1793854950
- Days on Market
- 73
- MLS#
- 721738351
- Property Type
- Multifamily
- Sqft. of Residence
- 3,810
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Portland NW/ SW/ S, Raleigh Hills
- Status
- ACTIVE
Property Description
Three brand new South Portland residences across two buildings offer a compelling opportunity to acquire a new construction rental portfolio in one location. With three separate 3 bedroom, 3 full bathroom homes, the property supports multiple investment strategies: lease all three for diversified rental income, occupy one while renting the other two for supplemental income, or combine personal use with long term rentals. Each residence features a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel appliances, black fixtures and detailed millwork create a polished, cohesive finish. The 7250 residence offers a dedicated driveway for off street parking, while 7260 and 7262 feature larger fenced yards with lawn space. All three homes include covered patios, private outdoor areas, minisplit heating and cooling, individual laundry areas and separate street addresses. No HOA or monthly association dues add to the appeal. Located in South Portland near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and shopping nearby plus access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. Each home includes 2-10 Builder Warranty coverage at closing. A flexible three-residence offering combining modern design, outdoor space and multiple potential rental income streams. [Home Energy Score = 10. HES Report at: https://us.greenbuildingregistry.com/green-homes/OR10251886] [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251886]
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Additional Information
- Year Built
- 2026
- High School
- Ida B Wells
- Elementary School
- Rieke
- Middle School
- Robert Gray
- Acres
- 0.14
- Living Area
- 3,810
- Stories
- 2
- Subdivision
- SOUTH PORTLAND
- Lot Size Dimension
- Irregular
- Terms
- Cash, Conventional
- Cooling Description
- Heat Pump, Mini Split
- Fuel Description
- Electricity
- Heating Description
- Heat Pump, Mini Split
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Board & Batten Siding, Cement Siding, Lap Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Parking
- Off Street, On Street
- Parking Description
- Off Street, On Street
- Road Surface
- Gravel
- Number Of Units Total
- 3
- Unit Type One Baths Total
- 3
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 2995
- Unit Type One Sq Ft
- 1270
- Unit Type One Units Total
- 3
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Listing courtesy of Keller Williams Realty Portland Premiere.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.