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Listed by Keller Williams Realty Portland Premiere • 503-709-4632

$1,759,900

Est. payment - /mo

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3,767 SqFt

Price Dropped by $95K

4540 SW Garden Home RD Portland, OR 97219

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Nancy Kelly

nancy@nancykellyhomes.com +1(503) 805-5887

Open House

Sun Apr 19, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,767 sqft

Price per Sqft $467

Subdivision Multnomah

MLS Listing ID 390814225

Year Built 2026

Lot Size 6,098 Sqft

Property Description

Investor opportunity in the heart of Garden Home offering four newly constructed 2 bedroom, 2 bathroom residences designed for durability, efficiency, and long term rental appeal. Each unit offers ~921 square feet with modern open concept layouts, solid surface countertops, stainless steel appliances, energy efficient mini splits for year round comfort, and private yard space with lawn areas that are highly attractive to today's tenants. Designed and developed by a respected local boutique builder known for high end finishes, efficient use of space, and attention to detail, these homes reflect thoughtful planning and strong construction standards. The front residence includes a dedicated parking pad, while the rear residence features a substantially larger lawn area that supports premium rental positioning and enhanced privacy. From a tenant demand perspective, the location performs exceptionally well. The property sits ~0.3 miles to Garden Home Recreation Center, ~0.4 miles to Garden Home Park, ~0.5 miles to Trader Joe's, Starbucks, and neighborhood dining options, and ~1 mile to Washington Square with its major retail, restaurants, and employment draw. Quick access to SW Multnomah Blvd and Hwy 217 supports easy commuting to downtown Portland, Beaverton tech corridors, and OHSU. New construction reduces deferred maintenance risk, energy efficient systems help control utility expenses, and private yard spaces create strong differentiation compared to typical attached rental product. With lifestyle driven amenities, commuter convenience, and long term structural integrity, this fourplex presents a compelling opportunity for both investor hold strategies and owner occupied investment models in a consistently desirable Southwest Portland submarket.

Location

State OR

County Multnomah

Area _148

Zoning R7

Rooms

Basement Crawl Space

Interior

Heating Mini Split, Wall Heater

Cooling Heat Pump, Mini Split

Exterior

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter, Stem Wall

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Markham

Middle Schools Jackson

High Schools Ida B Wells

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://www.youtube.com/watch?v=X9TxQZX-3JE&feature=youtu.be

Regional Multiple Listing Service (RMLS)

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Nancy Kelly

Broker | License ID: 880300070

+1(503) 805-5887

4540 SW Garden Home RD Portland, OR 97219

Nancy Kelly

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

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4540 SW Garden Home RD