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About This Home

This 5-bedroom, 6-bathroom residential multi family at 2938 NE 62nd Ave in Portland, OR is listed for $3,339,900 ($400 per sqft). Built in 2026, the home offers 8,356 sqft of living space on a 0.22 acres lot.

Agent Description

Located in Portland's desirable Rose City Park neighborhood, these newly constructed attached 4-plexes offer a rare opportunity to acquire a modern, low maintenance multifamily asset in a highly rentable close in NE location. The area boasts a very walkable setting and strong bike accessibility, making it especially appealing to tenants who value walkable amenities, bike access, and everyday convenience.

Rose City Park is known for its residential charm paired with close proximity to the shops, restaurants, cafes, and daily conveniences along NE Sandy Blvd, further enhancing tenant desirability. Together, the two identical 4-plexes feature a strong and efficient unit mix totaling approximately 8,356 square feet.

Across both buildings there are four end units configured as 3 bedrooms and 2.1 bathrooms at approximately 1,177 square feet each, and four interior units configured as 2 bedrooms and 2.1 bathrooms at approximately 912 square feet each. In total, the portfolio offers 20 bedrooms and 16.8 bathrooms.

All units are townhouse style with private outdoor space and energy efficient mini split systems for year round heating and cooling. The property was built and developed by a local boutique builder known for quality construction, high end finishes, extensive built ins, distinctive accent walls and crown molding with integrated lighting throughout the units.

Each residence is thoughtfully designed with high ceilings on the main level, open great room layouts, and upstairs laundry conveniently located between bedrooms. Interior unit bedrooms feature vaulted ceilings, enhancing the spacious feel and furthering tenant appeal.

End units benefit from larger private yards, further supporting strong tenant retention. This is a compelling opportunity for investors seeking modern construction, strong unit differentiation, and durable rental demand in one of Portland's most established and amenity rich neighborhoods.

Key Features

  • Built in 2026
  • 0.22 acre lot
  • 2 stories

Property Details

2 stories
6 full
2026

Amenities

A/C

Monthly Cost Estimate

$17,862/mo

20% down · 6.5% · 30 years

Principal$2,415
Interest$14,473
Insurance$974

Estimates only. Actual payments may vary.

Location

2938 NE 62nd Ave

Portland, OR 97213

ROSE CITY PARK

Property Details

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 5-bedroom, 6-bathroom residential multi family at 2938 NE 62nd Ave is listed at $3,339,900 ($400/sqft). The estimated monthly payment is $14,473 based on 20% down at 6.5% interest.

Key features include: Built in 2026, 0.22 acre lot, 2 stories.

This property is listed by Darryl Bodle and can be reached at 5037094632 or info@toodb.com.

DB

Darryl Bodle

Agent at Keller Williams Realty Portland Premiere

(503) 709-4632

Listed by Keller Williams Realty Portland Premiere

MLS# 204317021· Source: listhub· Updated 43 days ago

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2938 NE 62nd Ave, Portland, OR 97213

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