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7033 SE 60th Ave, Portland, OR 97206

$3,519,900
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Property Description

New construction 10 home detached cottage portfolio in Brentwood Darlington, offering rare scale, efficient unit design, and strong tenant appeal in a convenient Southeast Portland location. The offering includes ten detached cottages, each with 2 bedrooms and 2.1 bathrooms. Crafted by a local family builder with roots in finish carpentry, each home reflects enduring craftsmanship, forward thinking design, and a commitment to strengthening Portland's neighborhoods. Built better from the finish up. Interiors feature solid surface countertops, peninsula islands with eat bars, practical storage, and tasteful coffered bedroom ceilings. Each cottage includes a refrigerator, washer and dryer, and window coverings, helping ease the move in process and support a clean leasing opportunity from day one. Mini-split heating and cooling on the main level and in each bedroom provides efficient year round comfort throughout every key living space. Two cottages offer 899 square feet and eight offer 978 square feet, creating a consistent unit mix for investors. Private entries, detached construction, efficient two level layouts, patio spaces, and low maintenance outdoor areas enhance tenant appeal. Projected pro forma cap rate of 5.89% at stabilization. Buyer to perform all due diligence regarding projected rental cash flow. Brentwood Park, Brentwood Community Garden, Mt. Scott Community Center, Woodstock New Seasons, Foster area dining, neighborhood coffee, parks, errands, and bike routes are all within easy reach. Nearby Woodstock favorites add further convenience and help the homes live larger than their footprints. A rare opportunity to acquire ten new construction detached cottages with uniform layouts, modern systems, and a location positioned for consistent long-term rental demand.

7033 SE 60th Ave | MLS# 319163089

This multi-family property located at 7033 SE 60th Ave, Portland, OR 97206 is currently listed for sale with an asking price of $3,519,900. 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: 9,622

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 2
Features: AirConditioning, Dishwasher, Range, WasherDryer
Rent: $2250.00
Square Footage: 899
Total Units: 2
Unit Type 2:
Bathroom(s): 3
Bedrooms: 2
Features: AirConditioning, Dishwasher, Range, WasherDryer
Rent: $2300.00
Square Footage: 978
Total Units: 8

Feature Descriptions

Days on Site: 148
Exterior: Board & Batten Siding, Cement Siding, Lap Sidi
Gross Income: $274800.00 (Actual)
Hot Water: Electricity, Tank
Lot: Level, Public Road
Net Income: $207217.00 (Actual)
Operating Expenses: $60849.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Special View Info: Trees/Woods
Storage: None
Units: 10
Water: Public Water

Local Schools

High School: Franklin
Middle School: Brentwood
Elementary School: Whitman

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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Estimate Your Payment

Estimated Payment

$ 18,825.17 per month $17,798.53 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,026.64 Homeowner's Insurance

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