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Michael Perkins

Real Broker

michael@openhousepdx.com +1(503) 800-7878

Listed by Keller Williams Realty Portland Premiere • 503-709-4632

$ 64,000,000

Est. payment -/mo

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7560 N Emerald AVE Portland, OR 97217

170,005 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 170,005 sqft

Price per Sqft $376

Subdivision Kenton

MLS Listing ID 409909207

HOA Y/N No

Year Built 2023

Tax Year 2026

Lot Size 6.480 Acres

Property Description

Rare chance to acquire a 170 unit multifamily portfolio spanning 23 offerings across Portland and the Oregon Coast, assembled for investors seeking immediate scale without building a portfolio one property at a time. Designed and developed by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the portfolio offers a broad mix of modern cottage cluster communities, duplexes, triplexes, and plex assets designed for durable rental demand. All properties were built between 2023 and 2025, with several properties currently under construction, giving investors a rare combination of newer construction fundamentals and scalable acquisition potential. Buyers may pursue the full portfolio or select specific properties depending on investment goals, preferred locations, unit count, price point, and desired asset mix. Additional properties may also be available upon inquiry. Residences feature efficient layouts, contemporary finishes, private outdoor areas, off street parking or garages where available, and low maintenance ownership fundamentals. This offering gives a portfolio buyer the opportunity to add meaningful door count, diversify across multiple close-in Portland neighborhoods and select coastal assets, and capture both current income and future income upside. Ideal for a private investor, 1031 exchange buyer, private capital group, or operator seeking a material step toward a several hundred door rental portfolio. Current rental status, financials, construction completion dates, and other relevant property level details are available upon buyer inquiry.

Location

State OR

County Multnomah

Area _141

Zoning Varies

Rooms

Basement Crawl Space

Interior

Heating Forced Air, Mini Split

Cooling Heat Pump, Mini Split

Exterior

Garage Spaces 9.0

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Level, Public Road

Story 2

Foundation Concrete Perimeter, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Peninsula

Middle Schools Ockley Green

High Schools Jefferson

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.youtube.com/watch?v=kWmSa8czL_Y

Regional Multiple Listing Service (RMLS)

Michael Perkins

Agent | License ID: 201246215

+1(503) 800-7878

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Michael Perkins

7560 N Emerald AVE Portland, OR 97217

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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7560 N Emerald AVE