11080 SW 61st Ave

Portland, OR 97219
  • $1,999,900

    Price
  • 15

    Bed
  • 18

    Bath
  • 5,307

    SqFt

About the Listing KWPP01 - BODLEDAR,CHRISTKV

Ashcreek-Crestwood 5-unit townhouse community offering a compelling small scale investment opportunity in Southwest Portland. The property consists of five townhouse style homes with a diversified unit mix of three 3 bedroom residences and two 2 bedroom residences, all configured with two and a half bathrooms. Each home features a functional layout with well separated living and sleeping areas, a main level half bath, upper level laundry, and fenced deck space, supporting long term tenant comfort and retention. All homes are currently vacant and move in ready, providing immediate lease up flexibility. Built by a respected local boutique builder known for efficient use of space and high end finishes, the homes include extensive custom cabinetry, solid surface countertops, stainless steel appliances, kitchen islands with eat bars, and energy efficient mini split systems providing year round heating and cooling. Spacious primary bedrooms with private bathrooms enhance livability, while the additional bedrooms in the 3 bedroom units broaden tenant appeal for households needing flexible space for remote work or shared living. Each unit is individually metered within a condominium structure, creating flexibility for phased sales, 1031 exchange strategies, or long term hold. The townhouse style configuration with private entries and outdoor decks provides a competitive advantage over traditional stacked apartment product and supports strong tenant retention. Located in the desirable Ashcreek-Crestwood neighborhood, the asset is 1.5 miles to Multnomah Village dining and retail, 0.7 miles to Gabriel Park with trails and open green space, 0.5 miles to Barbur Blvd, and 1.2 miles to I-5 for convenient regional access. Rental income and expense figures are approximated. Buyer to perform all due diligence regarding projected rental cash flow and investment performance.

Listing Highlights

Status Active
Days on Site 5
Property Type Multi-Family
MLS ® 604944827
Year Built 2026
Total Square Footage 5,307
Lot/Acreage 0.11
County Multnomah
Elementary School Markham
Middle School Jackson
High School Ida B Wells

Interior Details

  • Bedrooms: 15
  • Bathrooms: 18 Full
  • Appliances:
  • Air Cond: Heat Pump,MiniSplit
  • Heating: Mini Split
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Crawl Space
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Level
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 50x98
  • Zoning: RM1
  • Roof: Composition
  • Others: New Construction
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: New Construction
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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Questions About..

11080 SW 61st Ave Portland, OR 97219

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Originating MLS: Regional Multiple Listing Service, Inc.

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