Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 695188748MLS ProviderContact Information: 503-709-4632

3138 NE 72nd AVEPortland, OR 97213

Multi-Family · 3,629 Sq. ft. | 0.11 Acres
$1,549,900 Active

3138 NE 72nd AVE Overview

Time on Site:
104 days
Visits:
0

Turnkey new construction 4-plex in Portland's desirable Roseway neighborhood offering strong income potential and long term flexibility. This attached multifamily offering features four thoughtfully designed townhome style units ranging from ~880 to 980 sqft, each including 2 bedrooms and 2.1 bathrooms, an ideal layout for roommate living and maximizing rental demand. Each unit showcases an open great room style main level with high ceilings and excellent natural light, creating a modern and highly livable space. Kitchens are designed for both function and appeal with peninsula countertops, eat bar seating, solid surface countertops, stainless steel appliances, and ample storage with extensive custom cabinetry. A convenient half bathroom is located on the main floor, while upstairs each home features two bedrooms, each configured as an ensuite with its own private, dedicated bathroom, along with a centrally located laundry area positioned between bedrooms for everyday ease. All units include efficient mini split heating and cooling for year round comfort, along with private fenced patio and yard space. The rear unit offers a substantially larger yard, presenting an opportunity for increased rental premium. Low maintenance landscaping throughout the community helps keep operating expenses predictable and ownership streamlined. Located in the heart of Roseway, tenants benefit from convenient proximity to Roseway & Glenhaven Parks, Rocky Butte Natural Area, Roseway Theater and recreational sports at The People's Courts, along with popular local spots like Case Study Coffee, New Seasons Market, and plenty of dining options along Sandy Blvd & Fremont St. Easy access to I-84, public transit, and close-in PDX supports strong tenant demand and long term retention. An exceptional opportunity to acquire a low maintenance, high demand multifamily asset in one of Northeast Portland's most consistent rental corridors.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

3138 NE 72nd AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,629
  • Price/Sq.ft. $427
  • Lot 0.11 Acres

Details

General

School Information

  • Elementary School: Jason Lee
  • Middle Or Junior School: Roseway Heights
  • High School: Leodis McDaniel

Income/Expenses

  • Gross Income: 115731.0
  • Net Operating Income: 86813.0
  • Operating Expense: 28918.0

Building Information

  • Year Built: 2026

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast
  • Subdivision Name: ROSEWAY

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 0
  • Tax Year: 2026

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: New Construction
  • Property Condition: New Construction
  • Property Type: Multi Family
  • Zoning: R5

Interior

Parking Information

  • Garage Spaces: 0

Building Interior

  • Building Area Total: 3629.0

General Information

  • Basement: Crawl Space
  • Cooling: Heat Pump,Mini Split
  • Foundation Details: Concrete Perimeter,Stem Wall
  • Heating: Mini Split
  • Security Features: 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

3138 NE 72nd AVE Neighborhood

Community

97213 (Portland) Demographics

41
Median Age
8,110
Population Density (per sq. mile)
66%
College Educated
$80,916
Estimated Median Income
9,378
Estimated Total Home Owners
5,289
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3138 NE 72nd AVE Market Data

Based on the last 30 days in this zip code

$490,975
Average List Price
$304
Average Price per Square Foot
32
Properties Sold
83
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

3138 NE 72nd AVE History

Date Event Value Agent
3/17/2026Source: Regional MLS Added to Database
March 17, 2026