7466 SE Tolman ST, Portland, OR 97206 | MLS #722847718 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of Keller Williams Realty Portland PremiereMLS# 722847718MLS ProviderContact Information: 503-709-4632
  • 136 days on site
  • 1 views

Ideally located just 2.5'3 miles from the vibrant restaurants, caf??s, bars, and neighborhood retail of SE Woodstock Blvd, this newly constructed four-unit portfolio offers an exceptional blend of design quality and income potential in Southeast Portland. Designed and developed by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the asset reflects thoughtful planning, efficient layouts, and durable construction suited for long-term ownership and reduced maintenance exposure. The portfolio consists of two three-bedroom homes and two two-bedroom homes, each offering two and a half bathrooms and well-designed two-story floor plans that maximize functionality and tenant livability. Main levels feature spacious open-concept great rooms with seamless flow between living, dining, and kitchen areas, creating flexible layouts that appeal to a broad tenant base. Gourmet kitchens offer generous solid surface countertop space, stainless steel appliances, ample cabinetry, and large islands with eat bar seating, plus a convenient main-level half bath. Upper levels include primary suites with ensuite baths, dedicated hall baths for secondary bedrooms, and upstairs laundry positioned between bedrooms for practicality. Each residence includes a private fenced patio, while the rear home offers a substantially larger yard area for added outdoor flexibility and rental appeal. Energy-efficient ductless heat pump systems provide year-round comfort and efficiency. Daily conveniences line nearby SE 82nd Avenue within roughly half a mile, and Lents Park, approximately 1.1 miles away, offers expansive greenspace, walking paths, and sports facilities supporting tenant retention. Pro forma financials indicate an estimated 5.11% cap rate, positioning this asset as a balanced investment opportunity combining stable yield potential with long-term appreciation in a consistently desirable Southeast Portland corridor.

Source: Regional MLS, MLS#: 722847718

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  • Property Type
    Residential Income
  • Lot
    0.11 acres

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  • Median Age
    38
  • Population Density
    8,299
  • College Educated
    50%
  • Estimated Median Income
    $72,463
  • Estimated Total Home Owners
    13,816
  • Estimated Total Renters
    7,395
  • Owner / Renter Divide
    65% / 35%
  • Estimated Average Household Size
    3
  • Total Population
    54,248
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* 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.

History

Date Event Value Agent
4/30/2026Source: Regional MLS Price Reduction
$1,724,900 -0.3%
2/13/2026Source: Regional MLS Added to Database
February 13, 2026