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4895 NE Cesar E Chavez Blvd, Portland, OR 97211

$1,509,900
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Property Description

Secure a collection of three newly built detached cottage homes in the heart of Beaumont-Wilshire, offering a rare opportunity to acquire modern rental product in one of NE Portland's most established neighborhoods. Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the offering includes two 3/2.1 homes and one 2/2.1 home designed for long term livability, broad tenant appeal, and reduced near term maintenance. Each home offers the privacy and residential feel of detached living with open great room style main levels, brand new stainless steel appliances, solid surface countertops, main level half baths, upstairs laundry, and efficient mini split heating and cooling. Functional bedroom and bathroom layouts create flexibility for couples, families, roommates, or work from home needs, helping broaden the potential tenant pool and support retention. Beaumont-Wilshire adds another layer of rental appeal with an established neighborhood feel, convenient access throughout NE Portland, and everyday amenities close to home. Tenants can pick up groceries at Beaumont Market or New Seasons, grab coffee and doughnuts at Pip's Original, stop by Grand Central Bakery, meet friends for dinner at Amalfi's, or spend an afternoon at Wilshire Park. Beaumont Village adds more restaurants, shops, coffee, and neighborhood services nearby. The combination of detached new construction, modern systems, desirable layouts, and a lifestyle oriented location creates a compelling long term hold opportunity with low maintenance ownership and strong rental potential.

4895 NE Cesar E Chavez Blvd | MLS# 215034220

This multi-family property located at 4895 NE Cesar E Chavez Blvd, Portland, OR 97211 is currently listed for sale with an asking price of $1,509,900. Search Portland real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Heat Pump, MiniSplit
Fuel Type: Electricity
Heating: Mini Split
Roof Type: Composition
Stories: 2.0
Year Built: 2026
Square Feet: 3,619

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 2
Features: AirConditioning, Dishwasher, Range, WasherDryerHookup
Rent: $2650.00
Square Footage: 969
Total Units: 1
Unit Type 2:
Bathroom(s): 3
Bedrooms: 3
Features: AirConditioning, Dishwasher, Range, WasherDryerHookup
Rent: $3250.00
Square Footage: 1325
Total Units: 2

Feature Descriptions

Days on Site: 168
Exterior: Cedar, Cement Siding, Lap Siding
Gross Income: $108840.00 (Actual)
Hot Water: Electricity, Tank
Lot: Level
Net Income: $80827.00 (Actual)
Operating Expenses: $28014.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Special View Info: Trees/Woods
Storage: None
Units: 3
Water: Public Water

Local Schools

High School: Jefferson
Middle School: Vernon
Elementary School: Vernon

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Portland Premiere
Agency Contact: 503-709-4632

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimated Payment

$ 8,075.26 per month $7,634.88 Principal & Interest $0.00 Property Tax (data not provided by mls) $440.39 Homeowner's Insurance

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