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$2,059,900
New Listing

7262 SW 1st AVE
Portland, OR 97219

For Sale|Multi Family|Active
3
Beds
3
Total Baths
5,080
SqFt
$405
/SqFt
2026
Built
Subdivision:
SOUTH PORTLAND
County:
Multnomah
Listing courtesy of Darryl Bodle of Keller Williams Realty Portland Premiere (503) 709-4632

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503-334-1515
7262 SW 1st AVE7262 SW 1st AVE7262 SW 1st AVE7262 SW 1st AVE
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Four brand new South Portland residences across two matching buildings create a rare opportunity to acquire an entire new construction rental portfolio in one location. With four separate 3 bedroom, 3 full bathroom homes, the property offers multiple investment strategies: lease all four for diversified rental income, occupy one residence while renting the remaining three to help offset ownership costs, or create a flexible combination of personal use and long term rentals. Each home features a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel Whirlpool appliances, black fixtures and detailed millwork give each residence a polished, consistent finish. The 7250/7252 building offers dedicated driveways for off street parking, while 7260/7262 feature larger fenced yards with lawn space. All four homes include covered patios, private outdoor areas, minisplit heating and cooling, individual laundry areas and separate street addresses. No HoA or monthly association dues helps keep the ownership structure straightforward. Located in South Portland near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. 2-10 Builder Warranty coverage is included at closing.

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Listing Snapshot
Price 
$2,059,900
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
5,080 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.19 Acres
Year Built 
2026
MLS® Number 
721738351
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
3 hours agoListing first seen on site
General Features
Acres 
0.19
Disclosures 
Exempt
Foundation 
Concrete Perimeter
Parking 
Off StreetOn Street
Property Condition 
New Construction
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
5080
Water Source 
Public
Zoning 
R5
Interior Features
Basement 
Crawl Space
Cooling 
Heat Pump
Heating 
Heat Pump
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Exterior Features
Lot Features 
Level
Roof 
Composition
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
_148
Roads 
Gravel
Schools
School District
Unknown
Elementary School
Rieke
Middle School
Robert Gray
High School
Ida B Wells
Listing courtesy of Darryl Bodle of Keller Williams Realty Portland Premiere (503) 709-4632



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Keller Williams Realty Portland Premiere are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-08-24 04:00 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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