Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 653353170MLS ProviderContact Information: 503-709-4632

2892 NE 61st AVEPortland, OR 97213

Multi-Family · 4,178 Sq. ft. | 0.11 Acres
$1,599,900 Active

2892 NE 61st AVE Overview

Time on Site:
152 days
Visits:
7

Located in Portland's desirable Rose City Park neighborhood, this newly constructed attached 4-plex offers a rare opportunity to acquire modern, low-maintenance multifamily in a highly rentable close-in NE location. The area boasts a very walkable setting and strong bike accessibility, making it especially appealing to tenants who value walkable amenities, bike access, and everyday convenience. Rose City Park is known for its residential charm paired with close proximity to the shops, restaurants, caf??s, and daily conveniences along NE Sandy Blvd, further enhancing tenant desirability. The property features a strong and efficient unit mix totaling approximately 4,178 square feet, with two end units configured as 3 bedrooms and 2.5 bathrooms at approximately 1,177 square feet each, and two interior units configured as 2 bedrooms and 2.5 bathrooms at approximately 912 square feet each. All units are townhouse-style with private outdoor space and energy-efficient mini-split systems for year-round heating and cooling. The property was built and developed by a local boutique builder known for quality construction, high-end finishes, extensive built-ins, and distinctive accent walls throughout. Each residence is thoughtfully designed with high ceilings on the main level, open great room layouts, and upstairs laundry conveniently located between bedrooms. Bedrooms feature vaulted ceilings, enhancing natural light and tenant appeal. End units benefit from larger private yards, further supporting strong tenant demand. This is a compelling opportunity for investors seeking modern construction, strong unit differentiation, and durable rental demand in one of Portland's most established and amenity-rich neighborhoods.

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2892 NE 61st AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,178
  • Price/Sq.ft. $383
  • Lot 0.11 Acres

Details

General

School Information

  • Elementary School: Rose City Park
  • Middle Or Junior School: Roseway Heights
  • High School: Leodis McDaniel

Income/Expenses

  • Gross Income: 125631.0
  • Net Operating Income: 94177.0
  • Operating Expense: 31455.0

Building Information

  • Year Built: 2026

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast
  • Subdivision Name: ROSE CITY PARK

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 0
  • Tax Year: 2026

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: New Construction
  • Property Condition: Under Construction
  • Property Type: Multi Family
  • Zoning: R2.5

Interior

Building Interior

  • Building Area Total: 4178.0

General Information

  • Basement: Crawl Space
  • Cooling: Heat Pump,Mini Split
  • Foundation Details: Concrete Perimeter
  • Heating: Heat Pump,Mini Split,Wall Heater
  • Security Features: Sidewalk
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Street
  • Parking Total: 0

Lot Information

  • Lot Features: Corner Lot,Level
  • Lot Size Acres: 0.11
  • Lot Size Dimensions: 50x100
  • Lot Size Square Feet: 4791.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

2892 NE 61st AVE Neighborhood

Community

97213 (Portland) Demographics

41
Median Age
8,110
Population Density (per sq. mile)
66%
College Educated
$80,916
Estimated Median Income
9,378
Estimated Total Home Owners
5,289
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2892 NE 61st AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2892 NE 61st AVE Market Data

Based on the last 30 days in this zip code

$491,634
Average List Price
$304
Average Price per Square Foot
29
Properties Sold
82
Average Days on Market
114
Properties for Sale
Calculations provided by Reliance Network

2892 NE 61st AVE History

Date Event Value Agent
3/23/2026Source: Regional MLS Status Change
Active
2/16/2026Source: Regional MLS Status Change
Pending
1/28/2026Source: Regional MLS Added to Database
January 28, 2026