Contact Information: 503-709-4632
Contact Information: 503-709-46323138 NE 72nd AVEPortland, OR 97213
Multi-Family · 3,629 Sq. ft. | 0.11 Acres3138 NE 72nd AVE Overview
- Time on Site:
- 104 days
- Visits:
- 0
Turnkey new construction 4-plex in Portland's desirable Roseway neighborhood offering strong income potential and long term flexibility. This attached multifamily offering features four thoughtfully designed townhome style units ranging from ~880 to 980 sqft, each including 2 bedrooms and 2.1 bathrooms, an ideal layout for roommate living and maximizing rental demand. Each unit showcases an open great room style main level with high ceilings and excellent natural light, creating a modern and highly livable space. Kitchens are designed for both function and appeal with peninsula countertops, eat bar seating, solid surface countertops, stainless steel appliances, and ample storage with extensive custom cabinetry. A convenient half bathroom is located on the main floor, while upstairs each home features two bedrooms, each configured as an ensuite with its own private, dedicated bathroom, along with a centrally located laundry area positioned between bedrooms for everyday ease. All units include efficient mini split heating and cooling for year round comfort, along with private fenced patio and yard space. The rear unit offers a substantially larger yard, presenting an opportunity for increased rental premium. Low maintenance landscaping throughout the community helps keep operating expenses predictable and ownership streamlined. Located in the heart of Roseway, tenants benefit from convenient proximity to Roseway & Glenhaven Parks, Rocky Butte Natural Area, Roseway Theater and recreational sports at The People's Courts, along with popular local spots like Case Study Coffee, New Seasons Market, and plenty of dining options along Sandy Blvd & Fremont St. Easy access to I-84, public transit, and close-in PDX supports strong tenant demand and long term retention. An exceptional opportunity to acquire a low maintenance, high demand multifamily asset in one of Northeast Portland's most consistent rental corridors.
3138 NE 72nd AVE Facts & Features
- Type Multi-Family
- Sq. ft. 3,629
- Price/Sq.ft. $427
- Lot 0.11 Acres
Details
General
School Information
- Elementary School: Jason Lee
- Middle Or Junior School: Roseway Heights
- High School: Leodis McDaniel
Income/Expenses
- Gross Income: 115731.0
- Net Operating Income: 86813.0
- Operating Expense: 28918.0
Building Information
- Year Built: 2026
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 142 - Portland Northeast
- Subdivision Name: ROSEWAY
Rent/Lease Information
- Rent Includes: None
Tax Information
- Tax Annual Amount: 0
- Tax Year: 2026
General Information
- Disclosures: Exempt
- Listing Terms: Cash,Conventional,FHA,VA Loan
- Parcel Number: New Construction
- Property Condition: New Construction
- Property Type: Multi Family
- Zoning: R5
Interior
Parking Information
- Garage Spaces: 0
Building Interior
- Building Area Total: 3629.0
General Information
- Basement: Crawl Space
- Cooling: Heat Pump,Mini Split
- Foundation Details: Concrete Perimeter,Stem Wall
- Heating: Mini Split
- Security Features: Sidewalk
- Stories: 2
Exterior
Parking Information
- Parking Features: On Street
- Parking Total: 0
Lot Information
- Lot Features: Level
- Lot Size Acres: 0.11
- Lot Size Dimensions: 50x100
- Lot Size Square Feet: 4791.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 4
- Sewer: Public Sewer
3138 NE 72nd AVE Neighborhood
Community
97213 (Portland) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3138 NE 72nd AVE Monthly Cost
3138 NE 72nd AVE Market Data
Based on the last 30 days in this zip code
3138 NE 72nd AVE History
| Date | Value | Agent |
|---|---|---|
| 3/17/2026Source: Regional MLS | March 17, 2026 |