Contact Information: 503-709-4632
Contact Information: 503-709-46327448 SE Tolman STPortland, OR 97206
Multi-Family · 4,282 Sq. ft. | 0.11 Acres7448 SE Tolman ST Overview
- Time on Site:
- 136 days
- Visits:
- 1
Ideally located just 2.5'3 miles from the vibrant restaurants, caf??s, 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.
7448 SE Tolman ST Facts & Features
- Type Multi-Family
- Sq. ft. 4,282
- Price/Sq.ft. $400
- Lot 0.11 Acres
Details
General
School Information
- Elementary School: Woodmere
- Middle Or Junior School: Lane
- High School: Franklin
Income/Expenses
- Gross Income: 123315.0
- Net Operating Income: 88447.0
- Operating Expense: 34869.0
Building Information
- Year Built: 2026
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 143 - Portland Southeast
- Subdivision Name: MT SCOTT - ARLETA
Rent/Lease Information
- Rent Includes: None
Tax Information
- Tax Annual Amount: 0
- Tax Year: 2026
General Information
- Disclosures: Exempt
- Listing Terms: Cash,Conventional
- Parcel Number: New Construction
- Property Condition: New Construction
- Property Type: Multi Family
- Zoning: R2.5
Interior
Building Interior
- Building Area Total: 4282.0
General Information
- Basement: Crawl Space
- Cooling: Heat Pump,Mini Split
- Foundation Details: Concrete Perimeter,Stem Wall
- Heating: Mini Split
- Security Features: Security Gate,Sidewalk
- Stories: 2
Exterior
Parking Information
- Parking Features: On Street
- Parking Total: 0
Lot Information
- Lot Features: 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
7448 SE Tolman ST Neighborhood
Community
97206 (Portland) Demographics
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.7448 SE Tolman ST Monthly Cost
7448 SE Tolman ST Market Data
Based on the last 30 days in this zip code
7448 SE Tolman ST History
| Date | Value | Agent |
|---|---|---|
| 4/30/2026Source: Regional MLS | $1,714,900 -0.9% |
|
| 2/13/2026Source: Regional MLS | February 13, 2026 |

