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$3,499,000
164965772 MLS ACTIVE Status
An exceptional opportunity to acquire a newly constructed mixed-use investment asset in the heart of Portland's highly coveted Multnomah Village. Designed for both lasting performance and modern livability, the three-story building comprises 12 thoughtfully appointed residential residences and two street-level commercial suites, offering a diverse income stream within a premier neighborhood setting. Perfectly positioned within steps of the neighborhood's celebrated collection of boutiques, acclaimed restaurants, artisan cafés, specialty retailers, and everyday conveniences, this property blends timeless architectural appeal with the enduring strength of one of Southwest Portland's most sought-after communities with a high Walk Score of 88. The residential homes showcase sophisticated contemporary finishes including quartz countertops, custom cabinetry, stainless steel appliances, luxury vinyl plank flooring, designer tile bath surrounds, in-unit laundry, energy-efficient mini-split heating and cooling systems, and expansive windows that fill each residence with natural light. The two ground-floor commercial spaces provide an exceptional opportunity for boutique retail or neighborhood-serving businesses, benefiting from excellent visibility and pedestrian activity generated by the vibrant Multnomah Village business district. Constructed with an emphasis on efficiency, and low-maintenance ownership, this newly completed asset offers investors the rare combination of modern construction, desirable amenities, and long-term appreciation potential. Opportunities to acquire newly built mixed-use properties of this caliber in established neighborhood centers are exceptionally limited, making this a compelling addition to any investment portfolio.

7921 SW Capitol HWY, Portland

Listing courtesy of Avery Bunick Properties.

$599,000
511269898 MLS ACTIVE Status
House + Detached ADU = Duplex alternative! Legal ADU has a documented 10-year rental history, generating consistent income, summary of rental history available in photo story or ask your agent! Currently vacant, giving the new owner flexibility to set rent at today's market rate. You'll immediately feel a warm welcome at this beautifully maintained bungalow in the heart of Lents — offering the rare combination of timeless character and modern income potential. A Vintage home in front & Modern built 2016 detached ADU in back. ADU rented for $1,575/month with low vacancy since 2016, while the main home could rent for approximately $2,400/month—making this Lents property a standout blend of home, investment, and flexibility. Home A is a 976 SF, 2-bed, 1-bath 1910 bungalow filled with vintage charm and thoughtful updates. Warm fir floors, vintage trim, leaded glass, and a welcoming porch pair with newer windows and a front door. The kitchen was completely reimagined in 2024 with new cabinetry, surfaces, upgraded appliances, and a smarter layout opening to a bright bonus/sitting area with vaulted ceilings and skylight. A deck extends the living space outdoors. Home B is a 520 SF, 1-bed, 1-bath detached ADU custom built in 2016, featuring vaulted ceilings, quality finishes, its own washer/dryer, and accessibility- and energy-conscious design. A cultivated garden, mature greenery, drought-tolerant plantings, tool shed, and basement storage add even more appeal. House-hack, rent one, live in both, co-buy, or build in room for guests, family, work, and community. Two homes. One lot. So many ways to make it yours. An instantly enchanting city escape with room for possibility, personality.

6626 SE 85TH AVE, Portland

Listing courtesy of Portland Proper Real Estate.

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.