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Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$1,039,900
Est. payment /mo
2,540 SqFt
New
7252 SW 1st AVE Portland, OR 97219
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,540 sqft
Price per Sqft $409
Subdivision South Portland
MLS Listing ID 691525774
Year Built 2026
Lot Size 4,356 Sqft
Property Description
Two brand new South Portland residences offered together create a flexible investment opportunity with 6 bedrooms and 6 full bathrooms across two matching homes. The side-by-side configuration opens the door to multiple ownership strategies: occupy one residence and lease the other for supplemental income, hold both as long-term rentals, or use the second home as a separate but nearby living space for an extended household, guests or changing needs over time. Each 3 bedroom, 3 bath residence offers a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel Whirlpool appliances, black fixtures and detailed millwork give both interiors a polished, cohesive finish. Each home also includes dedicated off street parking via its driveway/parking pad, a fenced backyard and covered patio, pairing private outdoor space with low maintenance landscaping and a manageable yard size. Minisplit heating and cooling, individual laundry areas, separate street addresses and no HoA add everyday convenience and long term flexibility for an owner occupant or investor. Whether the goal is to offset housing costs with rental income, create two independent rental streams or maintain two separate residences in one location, this property offers options that are difficult to replicate with a traditional duplex. Enjoy a South Portland location near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. 2-10 Builder Warranty coverage is included at closing.
Location
State OR
County Multnomah
Area _148
Zoning R5
Rooms
Basement Crawl Space
Interior
Heating Heat Pump, Mini Split
Cooling Heat Pump, Mini Split
Exterior
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 Rieke
Middle Schools Robert Gray
High Schools Ida B Wells
Others
Acceptable Financing Cash, Conventional, VALoan
Listing Terms Cash, Conventional, VALoan
Virtual Tour https://www.youtube.com/watch?v=SZXzAThjY5s

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