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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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3614 SW Vermont St , Portland, OR 97219
$869,900
Est. Payment: $4,374.00/mo
6 Bed
6 Bath
1832 Sqft
Status: active | Days on site: 73
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

A rare SW Portland cottage cluster investment opportunity, this newly built offering includes two front detached homes, each with 3 bedrooms and 2.1 bathrooms, for a combined 6 bedrooms, 4 full bathrooms, and 2 half bathrooms. Both homes are vacant and ready for lease up, allowing an investor to establish new market rents from day one. Detached cottage style residences provide the privacy, identity, and tenant appeal of standalone living while remaining efficient to own and operate. Built by a local boutique builder renowned for elevated finishes, signature millwork, and exceptional architectural detailing that gives every home a custom feel. Where elevated craftsmanship becomes everyday living. Intentionally scaled for lower maintenance ownership, the homes feature open main level living areas and flexible main floor bedrooms that can also serve as offices, dining rooms, or additional living spaces. Upstairs bedrooms feature tasteful coffered ceilings, while walk in closets, laundry, energy efficient mini splits for year round heating and cooling, and 2-10 Builder Warranty coverage add comfort and confidence. Individual entries, a central community walkway, bike parking, and cottage inspired details give the community a polished neighborhood presence. Gabriel Park is just steps away, offering trails, open green space, sports courts, a dog area, playground, and everyday recreation without needing to drive. Nearby Multnomah Village adds coffee, dining, shops, bakeries, neighborhood services, and a recognizable village atmosphere that keeps daily conveniences close to home. Together, these amenities create a compelling setting for tenant attraction and retention. Projected rental income and expenses are pro forma estimates based on anticipated lease up rents and operating assumptions. Buyer to perform all due diligence regarding projected rental cash flow.

Highlights

Listed by Darryl Bodle , 503-709-4632 and Kelly Christian , 503-597-2444 Keller Williams Realty Portland Premiere , 503-597-2444. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Year Built

2026

County

Multnomah

Area

148 - Portland NW/ SW/ S, Raleigh Hills

Neighborhood

Multnomah

Listing ID

788305557

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:6
  • Full Bathrooms:6
Air Cond:Heat Pump,MiniSplit
Fireplaces:
Basement:Crawl Space
Other:Public Water

Exterior Features

Lot:Level,Public Road
Lot Dimensions:TBD Via MHLD Plat
Garage Capacity:0
Zoning:R7
Roof:Composition
Others:New Construction
Sewer:Public Sewer
Parking Features:On Street

Open House

Upcoming Open Houses
Saturday 1:00 pm - 3:00 pm Jul 25
Principal Interest
$4,374
Taxes
$555

Home Price

$869,900

Loan Details

30 yrs
6.446%

Down Payment

20%
$173,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,374.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,374.00 $554.56 $0.00 $4,928.56
Yearly $52,488.03 $6,654.74 $0.00 $59,142.77
Total $1,574,640.95 $199,642.05 $0.00 $1,774,283.00

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-07-24T03:19:25.000Z

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