7262 Sw 1st Ave, Portland, OR

$2,059,900

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5,080

Square feet

0.19

Acres

About 7262 Sw 1st Ave

Four brand new South Portland residences across two matching buildings create a rare opportunity to acquire an entire new construction rental portfolio in one location. With four separate 3 bedroom, 3 full bathroom homes, the property offers multiple investment strategies: lease all four for diversified rental income, occupy one residence while renting the remaining three to help offset ownership costs, or create a flexible combination of personal use and long term rentals. Each home 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 Whirlpool appliances, black fixtures and detailed millwork give each residence a polished, consistent finish. The 7250/7252 building offers dedicated driveways for off street parking, while 7260/7262 feature larger fenced yards with lawn space. All four homes include covered patios, private outdoor areas, minisplit heating and cooling, individual laundry areas and separate street addresses. No HoA or monthly association dues helps keep the ownership structure straightforward. Located in South Portland near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. 2-10 Builder Warranty coverage is included at closing. [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]

Features of 7262 Sw 1st Ave

MLS® # 721738351
Price $2,059,900
Bathrooms 0.00
Square Footage 5,080
Acres 0.19
Year Built 2026
Type Multi Family
Status Active

Community Information

Address 7262 Sw 1st Ave
Area 148 - Portland NW/ SW/ S, Raleigh Hills
Subdivision SOUTH PORTLAND
City Portland
County Multnomah
State OR
Zip Code 97219

Amenities

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

Interior

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

Exterior

Exterior Cement Siding, Lap Siding
Lot Description Level, Public Road
Roof Composition
Foundation Concrete Perimeter, Stem Wall

School Information

Elementary Rieke
Middle Robert Gray
High Ida B Wells

Additional Information

Date Listed August 24th, 2026
Days on Market 28
Zoning R5
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty Portland Premiere
Contact Info503-709-4632

Listing Map

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