7921 SW Old Capitol Hwy 12 Unit Apartment Building $3,499,000 ($291,583/Unit) Portland, OR 97219

An exceptional opportunity to acquire a newly constructed mixed-use investment asset in the heart of Portland's highly coveted Multnomah Village. Designed for both lasting performance and modern livability, the three-story building comprises 12 thoughtfully appointed residential residences and two street-level commercial suites, offering a diverse income stream within a premier neighborhood setting. Perfectly positioned within steps of the neighborhood's celebrated collection of boutiques, acclaimed restaurants, artisan cafés, specialty retailers, and everyday conveniences, this property blends timeless architectural appeal with the enduring strength of one of Southwest Portland's most sought-after communities with a high Walk Score of 88. The residential homes showcase sophisticated contemporary finishes including quartz countertops, custom cabinetry, stainless steel appliances, luxury vinyl plank flooring, designer tile bath surrounds, in-unit laundry, energy-efficient mini-split heating and cooling systems, and expansive windows that fill each residence with natural light. The two ground-floor commercial spaces provide an exceptional opportunity for boutique retail or neighborhood-serving businesses, benefiting from excellent visibility and pedestrian activity generated by the vibrant Multnomah Village business district. Constructed with an emphasis on efficiency, and low-maintenance ownership, this newly completed asset offers investors the rare combination of modern construction, desirable amenities, and long-term appreciation potential. Opportunities to acquire newly built mixed-use properties of this caliber in established neighborhood centers are exceptionally limited, making this a compelling addition to any investment portfolio.