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7468 Tolman St
Portland, OR 97206 Mt Scott-Arleta

$3,459,900 USD

Multifamily For Sale  •  9,454 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 9,454 SF
  • Year Built 2026
  • Cap Rate 5.39 %
  • Zoning R2.5
48 Transit Score
70 Walk Score

Highlights

Eight newly constructed homes designed and developed by a multi year Street of Dreams builder and Builder of the Year award winner.
Four three bedroom homes and four two bedroom homes, each offering two and a half bathrooms with efficient two story layouts.
Main levels feature large great room layouts with seamless living, dining, and kitchen spaces that support strong tenant demand and retention.
Private outdoor spaces for each home, with the rear homes offering substantially larger yard areas that enhance tenant desirability.
Approximately 1.1 miles to Lents Park featuring walking paths, sports fields, and open greenspace that support long term tenant retention.
Gourmet kitchens include solid surface countertops, stainless steel appliances, ample cabinetry, and large islands with eat bar seating.

Financial Summary (Proforma)

Net Operating Income: $186,376 USD (2026)
Cap Rate: 5.39 %
Total Expenses: $66,056 USD

Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Gated
  • Heating
  • Ice Maker
  • Oven
  • Stainless Steel Appliances
  • Range
  • Carpet
  • Yard
  • Dining Room
  • Double Pane Windows
  • Island Kitchen
  • Private Bathroom

Public Transportation

Commuter RailDriveWalkDistance
Oregon City Amtrak (Amtrak Cascades - Amtrak) 16 min - 8.9 mi
AirportDriveWalkDistance
Portland International 19 min - 10.7 mi
Darryl Bodle II 503-709-4632 Keller Williams Commercial
Darryl Bodle II 503-709-4632 Keller Williams Commercial