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1873 Tacoma st - brand-new 6-plex at 1823 SE Tacoma St 898 - 950 SF Flex Condo Units Offered at $389,900 - $429,900 Per Unit in Portland, OR 97202
INVESTMENT HIGHLIGHTS
- Individually Metered Units
- Private & Fenced Patio Space For Each Unit
- Open Great-Room Main Floor Plan
- Sellwood-Moreland Neighborhood Amenities Will Attract Tenants for Low-Turnover
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Total Building Size | 5,476 SF | Typical Floor Size | 2,738 SF |
| Property Type | Multifamily | Year Built | 2025 |
| Floors | 2 | Lot Size | 0.11 AC |
| Zoning | RM2 | ||
| Total Building Size | 5,476 SF |
| Property Type | Multifamily |
| Floors | 2 |
| Typical Floor Size | 2,738 SF |
| Year Built | 2025 |
| Lot Size | 0.11 AC |
| Zoning | RM2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- Ice Maker
- Stainless Steel Appliances
- Range
- Yard
- Patio
6 UNITS AVAILABLE
Unit 1
| Unit Size | 950 SF | Condo Use | Flex |
| Price | $429,900 | Sale Type | Investment or Owner User |
| Price Per SF | $452.53 |
| Unit Size | 950 SF |
| Price | $429,900 |
| Price Per SF | $452.53 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
Unit 2
| Unit Size | 918 SF | Condo Use | Flex |
| Price | $409,900 | Sale Type | Investment or Owner User |
| Price Per SF | $446.51 |
| Unit Size | 918 SF |
| Price | $409,900 |
| Price Per SF | $446.51 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
Unit 3
| Unit Size | 898 SF | Condo Use | Flex |
| Price | $399,900 | Sale Type | Investment or Owner User |
| Price Per SF | $445.32 |
| Unit Size | 898 SF |
| Price | $399,900 |
| Price Per SF | $445.32 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
Unit 4
| Unit Size | 898 SF | Condo Use | Flex |
| Price | $389,900 | Sale Type | Investment or Owner User |
| Price Per SF | $434.19 |
| Unit Size | 898 SF |
| Price | $389,900 |
| Price Per SF | $434.19 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
Unit 5
| Unit Size | 898 SF | Condo Use | Flex |
| Price | $399,900 | Sale Type | Investment or Owner User |
| Price Per SF | $445.32 |
| Unit Size | 898 SF |
| Price | $399,900 |
| Price Per SF | $445.32 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
Unit 6
| Unit Size | 914 SF | Condo Use | Flex |
| Price | $409,900 | Sale Type | Investment or Owner User |
| Price Per SF | $448.47 |
| Unit Size | 914 SF |
| Price | $409,900 |
| Price Per SF | $448.47 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 6 | $2,700 | 898 - 950 |
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1873 Tacoma st - brand-new 6-plex at 1823 SE Tacoma St
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