8328 N Bank St, Portland, OR 97203
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
8328 N Bank St,Portland, OR 97203
$4,123,900
- - Beds
- - Baths
- 9,597 sq. ft.
- Multi-family
- Active
Listed by: darryl bodle, kelly christian
Office: keller williams realty portland premiere503-597-2444
MLS#:390824442
Source:PORTLAND
Price summary
- Price:$4,123,900
- Price per sq. ft.:$429.71
About this home
Located in Portland’s highly desirable St. Johns neighborhood, this offering represents a rare new-construction cottage cluster consisting of 11 detached homes on N Bank St. The detached configuration and fee-simple ownership structure provide long-term operational flexibility, simplified management, and strong resale optionality—either as a portfolio hold or future individual dispositions, subject to buyer strategy and local regulations. Purpose-built for efficiency and durability, each residence features energy-efficient mini-split systems for year-round heating and cooling, supporting lower operating costs and broad tenant appeal. The project was delivered by a multi-year Street of Dreams builder and Builder of the Year award winner, offering confidence in construction quality, design execution, and long-term performance. The cohesive site layout balances privacy and density, enhancing tenant satisfaction while maintaining an approachable neighborhood scale. The St. Johns location continues to demonstrate strong rental demand driven by proximity to major employers, recreation, and everyday amenities. Residents enjoy quick access to Cathedral City Park, St. Johns Park, Pier Park, and the St. Johns Bridge, along with nearby dining, coffee, and breweries including Two Stroke Coffee, Affogato, John Street Cafe, Leisure Public House, StormBreaker Brewing, Wonderwood Springs, and The Fixin’ To. This amenity-rich environment supports rent stability, reduced vacancy, and long-term appreciation. Overall, this asset delivers a compelling combination of detached new construction, efficient mechanical systems, walkable neighborhood amenities, and flexible ownership structure, making it well-suited for investors seeking durable cash flow, low near-term capital needs, and strong exit optionality in one of North Portland’s most established submarkets....
Contact an agent
Home facts
- Year built:2025
- Listing ID #:390824442
- Added:194 day(s) ago
- Updated:July 21, 2026 at 01:21 PM
Rooms and interior
- Basement Description:Crawl Space
- Living area:9,597 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Mini Split
Structure and exterior
- Roof:Composition, Metal
- Year built:2025
- Building area:9,597 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Level
- Foundation Description:Slab, Stem Wall
- Levels:2 Stories
Schools
- High school:Roosevelt
- Middle school:George
- Elementary school:Sitton
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,123,900
- Price per sq. ft.:$429.71
Parking
- Parking description:On street
New listings near 8328 N Bank St
- New
$799,000Active3 beds 3 baths1,981 sq. ft.4127 SW 52nd Ave, Portland, OR 97221
MLS# 126559633Listed by: WINDERMERE REALTY TRUST - Open Tue, 11am to 2pmNew
$812,000Active2 beds 2 baths1,707 sq. ft.762 NW Westover Sq, Portland, OR 97210
MLS# 496840199Listed by: WINDERMERE REALTY TRUST - New
$465,000Active3 beds 2 baths1,368 sq. ft.7421 SE Martins St, Portland, OR 97206
MLS# 161433930Listed by: JOHN L. SCOTT - New
$739,000Active4 beds 3 baths3,059 sq. ft.7015 SE 127th Ave, Portland, OR 97236
MLS# 584430408Listed by: EXP REALTY, LLC - New
$244,900Active1 beds 1 baths790 sq. ft.1710 S Harbor Way #401, Portland, OR 97201
MLS# 737768845Listed by: MORE REALTY
$419,900Active3 beds 3 baths1,177 sq. ft.6142 NE Stanton St, Portland, OR 97213
MLS# 542860675Listed by: KELLER WILLIAMS REALTY PORTLAND PREMIERE
$620,000Pending4 beds 1 baths2,406 sq. ft.2001 NE 64th Ave, Portland, OR 97213
MLS# 423418554Listed by: MORE REALTY- New
$1,550,000Active6 beds 4 baths4,371 sq. ft.16171 NW Gooderham St, Portland, OR 97229
MLS# 138693497Listed by: HARNISH COMPANY REALTORS - Open Sun, 12 to 2pmNew
$950,000Active4 beds 2 baths2,872 sq. ft.7024 SW Canyon Dr, Portland, OR 97225
MLS# 181072877Listed by: THE AGENCY PORTLAND - New
$599,000Active-- beds -- baths1,360 sq. ft.5106 NE 31st Ave, Portland, OR 97211
MLS# 687554628Listed by: OREGON FIRST