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About This Home

This 14-bedroom, 12-bathroom residential multi family at 7190 NE Glisan St in Portland, OR is listed for $2,788,888 ($318 per sqft). Built in 2025, the home offers 8,760 sqft of living space on a 0.10 acres lot.

Agent Description

Exceptional Investment Opportunity. This newly constructed 7-unit community is ideally positioned in Portland's highly desirable Montavilla neighborhood, an area known for its strong rental demand, vibrant local culture, and excellent access to both urban amenities and major employment corridors.

The property features a rare and highly sought-after unit mix, with spacious residences ranging from approximately 1,190 to 1,390 square feet across three thoughtfully designed levels. The homes were crafted by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, reflecting a high level of quality, durability, and long-term appeal.

Two units include a flexible ground-floor space well suited for a home office or potential fourth bedroom, catering to today's work-from-home and multi-use living preferences, while the remaining five units offer efficient and in-demand three-bedroom layouts.

All residences feature 2.5 bathrooms and modern, low-maintenance design elements that appeal strongly to long-term tenants. Montavilla continues to stand out as a tenant-favorite neighborhood due to its walkable commercial core, strong community identity, and convenient access to downtown Portland, the Central Eastside, and I-84.

Nearby amenities include Montavilla Brew Works, Roscoe's, Academy Theater, and a variety of local coffee shops, restaurants, and neighborhood services along SE Stark Street. Residents also enjoy close proximity to Montavilla Park, providing green space and outdoor recreation just minutes from home.

This combination of new construction, larger unit sizes, flexible layouts, and a proven rental location is seldom found in today's market. A compelling opportunity for investors seeking durable construction, strong tenant appeal, and long-term income stability in one of Northeast Portland's most consistently desirable neighborhoods.

Key Features

  • Built in 2025
  • 0.10 acre lot
  • 3 stories

Property Details

3 stories
12 full
2025

Amenities

A/C

Monthly Cost Estimate

$14,916/mo

20% down · 6.5% · 30 years

Principal$2,017
Interest$12,085
Insurance$813

Estimates only. Actual payments may vary.

Location

7190 NE Glisan St

Portland, OR 97213

MONTAVILLA

Questions & Answers

This 14-bedroom, 12-bathroom residential multi family at 7190 NE Glisan St is listed at $2,788,888 ($318/sqft). The estimated monthly payment is $12,085 based on 20% down at 6.5% interest.

Key features include: Built in 2025, 0.10 acre lot, 3 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# 799680224· Source: listhub· Updated 212 days ago

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7190 NE Glisan St, Portland, OR 97213

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