Beaumont-Wilshire Detached Cottage Portfolio
Four newly built detached homes with projected ~$141K+ income potential in Beaumont-Wilshire
Marketing description
Secure a collection of four newly built detached cottage homes in the heart of Beaumont-Wilshire, offering a rare opportunity to own a thoughtfully designed residential compound in one of NE Portland’s most consistent submarkets. Homes are currently situated on a single tax lot, with a land division in progress to create individual lots; buyer to verify development status and options. Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, this collection delivers a blend of thoughtful design, durability, and strong tenant appeal. The offering includes a balanced unit mix of two 3 bedroom 2.1 bathroom homes and two 2 bedroom 2.1 bathroom homes, each designed with functional layouts that support both livability and rentability. All homes feature open great room style main levels that connect living, dining, and kitchen spaces, paired with brand new stainless steel appliances, solid surface countertops, and a main level half bath. Upper levels are designed for privacy and efficiency, with the 3 bedroom homes offering a primary suite with ensuite bathroom plus an additional full bath, while the 2 bedroom homes feature dual ensuite layouts ideal for roommate or flexible living arrangements, including a front primary suite with a full walk in closet. Laundry space is conveniently located upstairs in each home. Mini split systems provide efficient heating and cooling. Each home also includes both fenced front and back yard space, along with a slider off the dining area that enhances indoor outdoor flow and tenant appeal. Positioned near Beaumont Village with close proximity to Beaumont Market, Pip’s Original Doughnuts, Grand Central Bakery, Amalfi’s, Wilshire Park, and New Seasons Market. A low maintenance, turnkey investment with strong fundamentals and scalable rental potential in a proven location.
Investment highlights
- Rare opportunity to acquire four newly constructed detached cottage homes in the highly desirable Beaumont-Wilshire neighborhood of NE Portland
- Property consists of a balanced unit mix featuring (2) 3 bedroom 2.1 bathroom homes and (2) 2 bedroom 2.1 bathroom homes totaling 4,588 sqft
- Detached home configuration provides stronger tenant privacy, reduced noise transfer, and single family style appeal compared to traditional attached multifamily product
- Homes are currently situated on one tax lot, with a land division process underway that may provide future resale or disposition flexibility
- Projected stabilized gross rental income of approximately $141,600 annually based on current market rent analysis
- Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, supporting long term construction quality and tenant appeal
- Efficient layouts designed for modern renter preferences, including open concept main levels, upstairs laundry, ensuite bedroom configurations, and functional living spaces
- Two bedroom units feature dual ensuite layouts, creating strong roommate appeal and leasing flexibility
- Mini split heating and cooling systems provide efficient year round climate control and help reduce operating costs
- Located near Beaumont Village with immediate access to Beaumont Market, Grand Central Bakery, Pip’s Original Doughnuts, Wilshire Park, Amalfi’s, and New Seasons Market
- Delivered vacant and ready for immediate lease up, allowing investors to establish rents at current market levels from day one
- Attractive option for investors seeking a low maintenance multifamily asset with modern design, strong location fundamentals, and future flexibility potential
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