St. Johns 2-Home Investment Portfolio Specialty FOR SALE


Portland, OR - St Johns
$799,900 USD
503-709-4632
, Portland, OR for Sale
$799,900 USD
Specialty - FOR SALE
1/23
null | 5.46% Cap Rate

St. Johns 2-Home Investment Portfolio
Portland, OR
St Johns


HIGHLIGHTS

  • Two brand-new detached homes offered together as one investment portfolio
  • Each residence features 2 bedrooms, 2.1 bathrooms, and ~913 SF
  • Private fenced yards and covered patios create differentiated tenant appeal
  • Elevated new construction finishes with signature millwork and architectural detailing
  • Energy-efficient mini-split heating and cooling
  • Prime St. Johns location near N Lombard St, Cathedral Park, Pier Park, New Seasons Market, and the St. Johns Bridge

OVERVIEW

Secure two brand-new detached cottages in the heart of St. Johns, offering a turnkey opportunity to own a pair of thoughtfully designed, low-maintenance residences with excellent long-term rental appeal. Each home offers 2 bedrooms, 2.1 bathrooms, 913 square feet, and a private fully fenced yard with a covered patio, creating valuable outdoor space rarely found at this size and price point. Light and bright interiors feature tall ceilings, oversized windows, wainscoting, and efficient great-room layouts connecting the living, dining, and kitchen spaces. Kitchens pair custom cabinetry, stainless steel appliances, solid surface countertops, and generous workspace with polished finishes designed for everyday use. Upstairs, each residence includes two bedrooms, two full bathrooms, and conveniently located laundry, while energy-efficient mini-splits provide year-round heating and cooling. Both units are fully complete, vacant, and ready for immediate lease-up. Built by a local boutique builder renowned for elevated finishes, signature millwork, and exceptional architectural detailing that gives every home a custom feel. Where elevated craftsmanship becomes everyday living. The St. Johns location adds another layer of tenant appeal, with New Seasons Market, neighborhood food carts, St. Johns Twin Cinema, shops and restaurants along Lombard, Cathedral Park, Pier Park, and the iconic St. Johns Bridge all nearby. A compelling opportunity to acquire two move-in-ready new construction homes with private outdoor spaces in one of North Portland's most distinctive neighborhoods.

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.