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33529665
33529667

4064 Southeast Long Street, Portland, OR 97202

DB
199910100, 25965 (+3)
Keller Williams Realty Portland Premiere
Keller Williams Realty Portland Premiere
Listed by Keller Williams Realty Portland Premiere
$1,649,900
5 days on market
Updated 5 days ago

New Construction 4Plex Offering | SE Long St in Woodstock

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,952
Net Rentable (SqFt) 3,952
Units 4
Tenancy Vacant
Pro-Forma Cap Rate 5.39%
Pro-Forma NOI $89,007
Class A
Year Built 2026
Buildings 1
Acreage 0.110
Zoning R5
Investment Type Value Add
Sale Condition N/A

New Construction Woodstock 4Plex Investment with Private Yards

Marketing description

Newly constructed in Portland’s Woodstock neighborhood, this 4-plex offering presents an attractive opportunity to acquire a boutique residential asset with modern construction, efficient layouts, and strong resident appeal. Each home features two bedrooms, two and one half bathrooms, energy efficient mini splits for year round heating and cooling, fenced outdoor space, tray ceilings in the bedrooms, and a thoughtful layout designed for everyday livability. The front home offers the largest floor plan with excellent natural light, while the back home benefits from a larger yard area, an especially attractive feature for tenant demand in close in SE Portland. Built by a local boutique builder renowned for their efficient use of space, high end finishes, and attention to detail, the property combines modern systems, quality construction, and a desirable neighborhood setting. With a Bike Score of 95, residents can easily work coffee runs, neighborhood dining, errands, and rides through the surrounding SE Portland bike network into daily life. Keeper Coffee Co and Woodstock Coffee support easy morning routines, The Heist offers a nearby place for lunch, dinner, and drinks, and nearby New Seasons Market adds daily convenience for groceries, prepared meals, flowers, and weeknight dinner staples. Otto’s Sausage Kitchen adds a beloved neighborhood stop for casual meals and weekend routines, while Woodstock Park and Berkeley Park provide nearby access to dog walks, picnics, play time, and outdoor recreation. With quality construction, private outdoor areas, modern amenities, and a location that supports convenience, neighborhood character, and renter demand, this offering is well positioned for long term ownership, tenant retention, or a flexible residential investment strategy.

Investment highlights

  • Newly constructed 4 home residential investment opportunity in Portland’s desirable Woodstock neighborhood, offering modern systems, efficient layouts, and strong resident appeal in a close in SE Portland location
  • Attractive unit mix comprised entirely of 2 bedroom, 2.1 bathroom homes, each designed with functional living areas, private outdoor space, energy efficient mini splits, and modern finish packages that support tenant demand and long term livability
  • Private fenced yards and patios help differentiate the offering from standard apartment inventory, with the back home receiving a stronger rent premium due to its larger yard space, a highly desirable feature for tenants seeking usable outdoor living
  • The front home offers the largest floor plan, strong natural light, and an appealing layout, supporting a rent premium relative to the interior units while keeping the overall rent schedule conservative
  • Modern construction, new building systems, energy efficient heating and cooling, and quality finishes help reduce near term maintenance demands, limit future capital expenditure exposure, and promote more efficient long term ownership
  • Built by a local boutique builder renowned for efficient use of space, high end finishes, and attention to detail, the property combines thoughtful design with durable resident focused functionality
  • Each home includes well designed kitchen and living areas, full appliance packages, private outdoor areas, tray ceilings in bedrooms, and layouts that appeal to renters seeking the privacy and feel of a home rather than a traditional apartment
  • With a Bike Score of 95, residents can easily access nearby coffee, dining, grocery, parks, errands, and the surrounding SE Portland bike network, strengthening the property’s lifestyle driven tenant appeal
  • Located near Keeper Coffee Co, Woodstock Coffee, The Heist, New Seasons Market, Otto’s Sausage Kitchen, Woodstock Park, Berkeley Park, and the shops and restaurants along Woodstock Blvd, placing daily conveniences and neighborhood amenities close to home
  • Boutique scale provides investors with a manageable new construction asset while maintaining multiple income streams, diversified tenancy, and flexibility for long term hold, furnished rental strategy, or future individual exit opportunities where applicable

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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