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5947 SE 60th Ave, Portland, OR 97206

$1,769,900
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Property Description

New-construction fourplex investment opportunity located in Portland's desirable Woodstock neighborhood, offering a strong combination of modern construction, efficient systems, and long-term rental appeal. Built by a local boutique builder, this property is designed for low-maintenance ownership and consistent tenant demand. The four attached homes range from approximately 972 to 1,294 square feet and offer a desirable unit mix of two 2-bedroom residences and two 3-bedroom residences. The larger homes feature three bedrooms upstairs with two full ensuite bathrooms, while all units include a half bathroom on the main level. A centrally located laundry area at the top of the stairs provides convenient access for tenants and supports functional, efficient layouts. Each residence offers a bright, open main level with high ceilings and ample natural light, enhancing livability and tenant satisfaction. Kitchens are built for durability and everyday use, featuring custom cabinetry, island with eat bar, stainless steel appliances, and tile backsplash. Every unit includes its own private, fenced patio or yard space, a highly attractive feature that helps differentiate the property within the rental market. Additional investment highlights include high-efficiency mini-split systems for heating and cooling, modern building standards, and thoughtful design choices that support reduced maintenance and long-term operational efficiency. The property is not a condo and has no HOA, allowing for simplified management and true fee-simple ownership. Located in the heart of Southeast Portland's Woodstock neighborhood, the property benefits from strong rental demand driven by nearby dining, coffee shops, parks, and neighborhood amenities, making it well-positioned for long-term hold strategies, portfolio expansion, or 1031 exchange buyers seeking newer construction in an established submarket. An excellent opportunity for investors prioritizing new construction, efficient systems,

5947 SE 60th Ave | MLS# 560561230

This multi-family property located at 5947 SE 60th Ave, Portland, OR 97206 is currently listed for sale with an asking price of $1,769,900. Search Portland real estate on www.williamraven.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Heat Pump, MiniSplit
Fuel Type: Electricity
Heating: Mini Split
Lot Size: 91.41x84x80x64
Roof Type: Composition
Stories: 2.0
Year Built: 2025
Square Feet: 4,532

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 3
Features: AirConditioning, Microwave, Range, WasherDryerHookup
Rent: $2275.00
Square Footage: 1294
Total Units: 2
Unit Type 2:
Bathroom(s): 3
Bedrooms: 2
Features: AirConditioning, Microwave, Range, WasherDryerHookup
Rent: $1875.00
Square Footage: 972
Total Units: 2

Feature Descriptions

Days on Site: 54
Exterior: Cement Siding, Lap Siding
Gross Income: $98997.00 (Actual)
Hot Water: Electricity, Tank
Lot: Level
Lot Dimensions: 91.41x84x80x64
Net Income: $68567.00 (Actual)
Operating Expenses: $30431.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Storage: None
Units: 4
Water: Public Water

Local Schools

High School: Cleveland
Middle School: Lane
Elementary School: Woodstock

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

$ 9,465.80 per month $8,949.58 Principal & Interest $0.00 Property Tax (data not provided by mls) $516.22 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 03/02/2026. The listing information on this page last changed on 03/02/2026. 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 Mon 03/02/2026 3:43:11 PM EST) or RMLS (last updated Mon 03/02/2026 3:41:17 PM EST) or COAR/MLSCO (last updated Mon 03/02/2026 3:41:33 PM 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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