7262 SW 1st Ave
ActivePortland, OR 97219
Four brand new South Portland residences across two matching buildings create a rare opportunity to acquire an entire new construction rental portfolio in one location. With four separate 3 bedroom, 3 full bathroom homes, the property offers multiple investment strategies: lease all four for diversified rental income, occupy one residence while renting the remaining three to help offset ownership costs, or create a flexible combination of personal use and long term rentals. Each home 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 Whirlpool appliances, black fixtures and detailed millwork give each residence a polished, consistent finish. The 7250/7252 building offers dedicated driveways for off street parking, while 7260/7262 feature larger fenced yards with lawn space. All four homes include covered patios, private outdoor areas, minisplit heating and cooling, individual laundry areas and separate street addresses. No HoA or monthly association dues helps keep the ownership structure straightforward. Located in South Portland near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. 2-10 Builder Warranty coverage is included at closing.

1/20
7262 SW 1st Ave
$2,059,900
- 3 bedrooms
- 3 baths
- 5080 sq ft
- MLS# : 721738351
- Built in 2026
Nearby schools
- Portland Public Schools
- Riverdale School District 51j
Actual schools may vary. We recommend verifying with the local school district, the school assignment and enrollment process.
Map & directions
Mortgage rates & offers
Contact
FPO
Keller Williams Realty Portland Premiere
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Discover More Great Communities
Select additional listings for more information
By providing your name and contact information and clicking the I'm Interested! button, you consent and agree to receive marketing communications from NewHomeSource and the builder(s) selected above, including emails, calls or text messages using an automatic telephone dialing system or an artificial or prerecorded voice. Your agreement is not a condition to purchasing any property, goods or services, and you may call us instead of submitting the information online. You also acknowledge and agree that you can revoke your authorization at any time. Your consent herein also applies to any future registration on national or state Do-No-Call lists. For mobile phones, standard message and data charges apply. Consult our Privacy Policy for additional information, including unsubscribe options. You also agree to our Privacy Policy, including TCPA Policy and Terms of Use.
Way to Go!
An agent will be in contact soon!