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1873 SE Tacoma St, Portland, OR 97202

$2,349,900
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Property Description

Investor Opportunity: This brand-new 6-plex at 1823 SE Tacoma St offers a rare chance to acquire a never-before-occupied, modern multi-family property in Portland's desirable Arbor Lodge neighborhood. All six units are move-in ready, allowing for seamless tenant turnover and immediate income potential. Each unit features its own dedicated laundry space and a private yard with patio, enhancing tenant comfort and appeal. Additionally, all units are individually metered for convenience. As a new construction property, the building boasts contemporary finishes, energy-efficient systems, and high-quality materials, minimizing maintenance and replacement costs. Its prime Arbor Lodge location ensures strong rental appeal, with tenants enjoying proximity to Arbor Lodge Park, local dining and coffee shops, boutique retail, and excellent transit access via nearby bus lines and the MAX light rail. With its modern design, move-in readiness, and tenant-friendly amenities, this 6-plex offers a turnkey opportunity for investors seeking immediate cash flow and long-term appreciation potential in Portland's rental market.

1873 SE Tacoma St | MLS# 517004408

This multi-family property located at 1873 SE Tacoma St, Portland, OR 97202 is currently listed for sale with an asking price of $2,349,900. Search Portland real estate on www.williamraven.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: MiniSplit
Fuel Type: Electricity
Heating: Mini Split
Roof Type: Composition
Stories: 2.0
Year Built: 2025
Square Feet: 5,476

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 2
Features: AirConditioning, Dishwasher, Range, WasherDryerHookup
Rent: $2050.00
Square Footage: 950
Total Units: 1
Unit Type 2:
Bathroom(s): 3
Bedrooms: 2
Features: AirConditioning, Dishwasher, Range, WasherDryerHookup
Rent: $2050.00
Square Footage: 898
Total Units: 3
Unit Type 3:
Bathroom(s): 3
Bedrooms: 2
Features: AirConditioning, Dishwasher, Range, WasherDryerHookup
Rent: $2050.00
Square Footage: 918
Total Units: 1
Unit Type 4:
Bathroom(s): 3
Bedrooms: 2
Features: AirConditioning, Dishwasher, Range, WasherDryerHookup
Rent: $2050.00
Square Footage: 914
Total Units: 1

Feature Descriptions

Days on Site: 129
Exterior: Cedar, Cement Siding, Lap Siding
Gross Income: $145317.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $105502.00 (Actual)
Operating Expenses: $39815.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Special View Info: Trees/Woods
Storage: None
Units: 6
Water: Public Water

Local Schools

High School: Cleveland
Middle School: Sellwood
Elementary School: Llewellyn

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Portland Premiere
Agency Contact: 503-709-4632

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 12,567.76 per month $11,882.37 Principal & Interest $0.00 Property Tax (data not provided by mls) $685.39 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:04:50 AM EST) or RMLS (last updated Mon 03/02/2026 11:58:17 PM EST) or COAR/MLSCO (last updated Tue 03/03/2026 12:01:16 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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