4540 Garden Home Rd - Multi-Family FOR SALE


Portland, OR 97219- Multnomah
$1,759,900 USD
503-709-4632
4540 Garden Home Rd, Portland, OR for Sale
$1,759,900 USD
Multi-Family - FOR SALE
1/23
null | 4.91% Cap Rate

4540 Garden Home Rd
Portland, OR 97219
Multnomah


HIGHLIGHTS

  • Four newly built two bedroom two and a half bathroom homes designed and developed by a respected local boutique builder
  • Great room style floor plans with ensuite bedrooms
  • Each home has a private fenced patio space
  • Front home has a designated parking pad
  • Back home has a substantially larger yard including a full lawn

OVERVIEW

Investor opportunity in the heart of Garden Home offering four newly constructed 2 bedroom, 2 bathroom residences designed for durability, efficiency, and long term rental appeal. Each unit offers ~921 square feet with modern open concept layouts, solid surface countertops, stainless steel appliances, energy efficient mini splits for year round comfort, and private yard space with lawn areas that are highly attractive to today’s tenants. Designed and developed by a respected local boutique builder known for high end finishes, efficient use of space, and attention to detail, these homes reflect thoughtful planning and strong construction standards. The front residence includes a dedicated parking pad, while the rear residence features a substantially larger lawn area that supports premium rental positioning and enhanced privacy. From a tenant demand perspective, the location performs exceptionally well. The property sits ~0.3 miles to Garden Home Recreation Center, ~0.4 miles to Garden Home Park, ~0.5 miles to Trader Joe’s, Starbucks, and neighborhood dining options, and ~1 mile to Washington Square with its major retail, restaurants, and employment draw. Quick access to SW Multnomah Blvd and Hwy 217 supports easy commuting to downtown Portland, Beaverton tech corridors, and OHSU. New construction reduces deferred maintenance risk, energy efficient systems help control utility expenses, and private yard spaces create strong differentiation compared to typical attached rental product. With lifestyle driven amenities, commuter convenience, and long term structural integrity, this fourplex presents a compelling opportunity for both investor hold strategies and owner occupied investment models in a consistently desirable Southwest Portland submarket.

FOR SALE DETAILS

PRICE

$1,759,900 USD

PRICE/SF

$467 USD /SF

# OF UNITS

4

PRICE/UNIT

$439,975

CAP RATE

4.91%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NC 4Plex in Multnomah | 2 Bed with Yards!

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R7

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Darryl Bodle IIKeller Williams CommercialMore Info
503-709-4632

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Darryl Bodle IIKeller Williams CommercialMore Info
503-709-4632

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.