7448 SE Tolman St
Property Description
Ideally located just 2.5-3 miles from the vibrant restaurants, cafes, bars, and neighborhood retail of SE Woodstock Blvd, this newly constructed four-unit portfolio offers an exceptional blend of design quality and income potential in Southeast Portland. Designed and developed by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the asset reflects thoughtful planning, efficient layouts, and durable construction suited for long-term ownership and reduced maintenance exposure. The portfolio consists of two three-bedroom homes and two two-bedroom homes, each offering two and a half bathrooms and well-designed two-story floor plans that maximize functionality and tenant livability. Main levels feature spacious open-concept great rooms with seamless flow between living, dining, and kitchen areas, creating flexible layouts that appeal to a broad tenant base. Gourmet kitchens offer generous solid surface countertop space, stainless steel appliances, ample cabinetry, and large islands with eat bar seating, plus a convenient main-level half bath. Upper levels include primary suites with ensuite baths, dedicated hall baths for secondary bedrooms, and upstairs laundry positioned between bedrooms for practicality. Each residence includes a private fenced patio, while the rear home offers a substantially larger yard area for added outdoor flexibility and rental appeal. Energy-efficient ductless heat pump systems provide year-round comfort and efficiency. Daily conveniences line nearby SE 82nd Avenue within roughly half a mile, and Lents Park, approximately 1.1 miles away, offers expansive greenspace, walking paths, and sports facilities supporting tenant retention. Pro forma financials indicate an estimated 5.11% cap rate, positioning this asset as a balanced investment opportunity combining stable yield potential with long-term appreciation in a consistently desirable Southeast Portland corridor.
Broker Details
Keller Williams Realty Portland Premiere (503) 880-4905
MLS ID: BODLEDAR
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,689,900 |
| No. of Units: | 4 |
| Year Built: | 2026 |
| Lot Size: | 4,282.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $422,475 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 9 |
ID: 3yd-RMLSOR-511016795
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