5587 NE 7th Ave, Portland, OR 97211

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
5587 NE 7th Ave,Portland, OR 97211
$3,280,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lake shovoly, eduardo reyes
Office: keller williams realty portland premiere503-597-2444
MLS#:745845628
Source:PORTLAND

Price summary

  • Price:$3,280,000

About this home

A new-construction investment opportunity in one of Northeast Portland's most desirable rental corridors, this 2026-built eight-plex sits just blocks from Alberta Park, Woodlawn City Park, and Ainsworth — an A+ location that consistently draws strong tenant demand. All eight units are three-level townhomes with two bedrooms and two and a half bathrooms. Interiors are finished to a high standard throughout. Kitchens feature premium appliances, tasteful tile work, and modern cabinetry, while bathrooms carry through with clean, well-considered design. LVP flooring runs throughout the living spaces, and tall ceilings paired with generous windows make each unit feel open, light-filled, and private. The result is a turnkey product that should command strong market rents and minimize early-years maintenance and capital expense. The corner-lot positioning is a meaningful advantage, allowing each unit to have its own private deck or yard space — a feature that supports tenant retention and...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2026
  • Listing ID #:745845628
  • Added:1 day(s) ago
  • Updated:June 08, 2026 at 08:23 PM

Rooms and interior

  • Basement Description:Crawl Space

Heating and cooling

  • Heating:Mini Split

Structure and exterior

  • Roof:Shingle
  • Year built:2026
  • Lot area:0.1 Acres
  • Lot Features:Corner Lot, Level
  • Foundation Description:Concrete Perimeter
  • Levels:3 Stories

Schools

  • High school:Jefferson
  • Middle school:Harriet Tubman
  • Elementary school:MartinL King Jr

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,280,000
  • Tax amount:$1,742 (2025)

Parking

  • Parking description:On street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: June 8, 2026