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33686323
33686321

4380 Northeast Going Street, Portland, OR 97218 For Sale

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere
$2,309,900
224 days on market
Updated 35 days ago

Going Street 6 Home Detached Cottage Portfolio

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 5,500
Net Rentable (SqFt) 5,500
Units 6
Tenancy Vacant
Pro-Forma Cap Rate 5.74%
Pro-Forma NOI $132,507
Price per SqFt $420
Class A
Year Built 2025
Buildings 6
Stories 2
Acreage 0.220
Investment Type Value Add
Sale Condition N/A

6 Newly Built Detached Cottages Near Wilshire Park | 5.74% Pro Forma Projected Cap Rate

Marketing description

A rare opportunity to acquire six newly constructed detached homes within a thoughtfully designed cottage-style community in Northeast Portland. Located just blocks from Wilshire Park and near Beaumont-Wilshire, this portfolio offers a compelling blend of privacy, modern design, and long-term tenant appeal. The offering includes four 2-bedroom, 2.1-bath homes with ~835 square feet and two 3-bedroom, 2.1-bath homes with ~1,080 square feet. Each home is fully detached and features an open-concept great room, soaring ceilings, large picture windows, stainless steel appliances, solid surface countertops, custom cabinetry, tile backsplash, designer lighting, modern hardware, upper-level laundry, and energy efficient mini-splits for year round heating and cooling. Each home also includes private fenced outdoor yard space, adding usable outdoor living area and helping support tenant retention. Four of the six homes offered include a dedicated off street parking space. Residents benefit from close proximity to Wilshire Park, Beaumont Village, the Hollywood District, neighborhood cafés, restaurants, shops, transit access, and a 96 Bike Score. Brand new and move-in ready, this six-home portfolio offers rare detached-home rental inventory with modern finishes, efficient layouts, private yards, low-maintenance design, and highly marketable amenities in a desirable Northeast Portland location.

Investment highlights

  • Six newly constructed detached homes
  • 14 bedrooms across six residences
  • Four homes include dedicated off-street parking
  • Energy efficient mini-split heating and cooling
  • Private fenced outdoor spaces for every home
  • Low maintenance new construction asset
  • Strong Northeast Portland rental location
  • Individual detached-home appeal supports tenant retention
  • Opportunity for immediate lease-up at market rents

Listing Contacts

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere

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