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Daniel Alexander & James DeVaul

wvhsllc@gmail.com +1(541) 579-6624

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

$ 1,269,900

Est. payment -/mo

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Price Dropped by $450K

6219 NE Stanton ST Portland, OR 97213

3,001 SqFt

Open House

Sat May 23, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,001 sqft

Price per Sqft $423

Subdivision Rose City Park

MLS Listing ID 509075200

Year Built 2026

Property Description

Located in Portland's desirable Rose City Park neighborhood, this newly constructed 3 unit attached offering presents a rare opportunity to acquire modern multifamily housing in a highly rentable close in NE location. The offering includes one 3 bedroom, 2.5 bathroom end unit at ~1,177 sqft and two 2 bedroom, 2.5 bathroom interior units at ~912 sqft each, totaling ~3,001 sqft. Units are vacant, complete, and ready for lease up, with a projected pro forma cap rate of 5.13% at stabilization. The location offers strong tenant appeal with walkable neighborhood amenities, bike access, and convenient proximity to NE Sandy Blvd, where residents can enjoy nearby cafés, restaurants, shops, services, and daily essentials. Each residence features a townhouse style layout with private outdoor space, mini split systems for efficient year round heating and cooling, open great room living, and upstairs laundry conveniently positioned near the bedrooms. Bedrooms in the interior units feature vaulted ceilings, while the end unit offers high ceilings throughout the home, enhancing the sense of space and natural light across the offering. The end unit also benefits from a larger private yard, creating additional unit differentiation and supporting strong rental demand. Designed and developed by a renowned local builder known for their efficient use of space, distinct accent walls with built-ins, and integrated lighting features. This offering is well positioned for investors seeking newer construction, functional layouts, and durable rental demand in one of Portland's most established and amenity rich inner NE neighborhoods.

Location

State OR

County Multnomah

Area _142

Zoning R2.5

Rooms

Basement Crawl Space

Interior

Heating Heat Pump, Mini Split, Wall Heater

Cooling Heat Pump, Mini Split

Exterior

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Rose City Park

Middle Schools Roseway Heights

High Schools Leodis Mcdaniel

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://www.youtube.com/watch?v=EF1cKBJXoJY

Regional Multiple Listing Service (RMLS)