7448 Se Tolman St, Portland, OR

$1,689,900

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4,282

Square feet

0.11

Acres

About 7448 Se Tolman St

Ideally located just 2.5–3 miles from the vibrant restaurants, cafés, bars, and neighborhood retail of SE Woodstock Blvd, this newly constructed four-unit portfolio offers an exceptional blend of design quality and income potential in Southeast Portland. Designed and developed by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the asset reflects thoughtful planning, efficient layouts, and durable construction suited for long-term ownership and reduced maintenance exposure. The portfolio consists of two three-bedroom homes and two two-bedroom homes, each offering two and a half bathrooms and well-designed two-story floor plans that maximize functionality and tenant livability. Main levels feature spacious open-concept great rooms with seamless flow between living, dining, and kitchen areas, creating flexible layouts that appeal to a broad tenant base. Gourmet kitchens offer generous solid surface countertop space, stainless steel appliances, ample cabinetry, and large islands with eat bar seating, plus a convenient main-level half bath. Upper levels include primary suites with ensuite baths, dedicated hall baths for secondary bedrooms, and upstairs laundry positioned between bedrooms for practicality. Each residence includes a private fenced patio, while the rear home offers a substantially larger yard area for added outdoor flexibility and rental appeal. Energy-efficient ductless heat pump systems provide year-round comfort and efficiency. Daily conveniences line nearby SE 82nd Avenue within roughly half a mile, and Lents Park, approximately 1.1 miles away, offers expansive greenspace, walking paths, and sports facilities supporting tenant retention. Pro forma financials indicate an estimated 5.11% cap rate, positioning this asset as a balanced investment opportunity combining stable yield potential with long-term appreciation in a consistently desirable Southeast Portland corridor.

Features of 7448 Se Tolman St

MLS® # 511016795
Price $1,689,900
Bathrooms 0.00
Square Footage 4,282
Acres 0.11
Year Built 2026
Type Multi Family
Status Active

Community Information

Address 7448 Se Tolman St
Area 143 - Portland Southeast
Subdivision MT SCOTT - ARLETA
City Portland
County Multnomah
State OR
Zip Code 97206

Amenities

Parking On Street
View Trees/Woods
Is Waterfront No
Has Pool No

Interior

Heating Mini Split
Cooling Heat Pump, Mini Split
Fireplace No
# of Stories 2
Basement Crawl Space

Exterior

Exterior Cedar, Cement Siding, Lap Siding, Panel
Lot Description Level
Roof Composition
Foundation Concrete Perimeter, Stem Wall

School Information

Elementary Woodmere
Middle Brentwood
High Franklin

Additional Information

Date Listed February 12th, 2026
Days on Market 222
Zoning R2.5
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty Portland Premiere
Contact Info503-709-4632

Listing Map

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