7262 SW 1st AVEPortland, OR 97219




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Enter an interest rate to see your estimated monthly payment.Three brand new South Portland residences across two buildings offer a compelling opportunity to acquire a new construction rental portfolio in one location. With three separate 3 bedroom, 3 full bathroom homes, the property supports multiple investment strategies: lease all three for diversified rental income, occupy one while renting the other two for supplemental income, or combine personal use with long term rentals. Each residence features a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel appliances, black fixtures and detailed millwork create a polished, cohesive finish. The 7250 residence offers a dedicated driveway for off street parking, while 7260 and 7262 feature larger fenced yards with lawn space. All three homes include covered patios, private outdoor areas, minisplit heating and cooling, individual laundry areas and separate street addresses. No HOA or monthly association dues add to the appeal. Located in South Portland near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and shopping nearby plus access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. Each home includes 2-10 Builder Warranty coverage at closing. A flexible three-residence offering combining modern design, outdoor space and multiple potential rental income streams. [Home Energy Score = 10. HES Report at: https://us.greenbuildingregistry.com/green-homes/OR10251886] [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251886]
| 11 hours ago | Listing updated with changes from the MLS | |
| 4 days ago | Price changed to $1,519,900 | |
| 2 weeks ago | Status changed to Active | |
| 2 months ago | Listing first seen on site |
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Last checked 2026-11-08 10:48 AM PST.
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