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About this home
Two brand new South Portland residences offered together create a flexible investment opportunity with 6 bedrooms and 6 full bathrooms across two matching homes. The side-by-side configuration opens the door to multiple ownership strategies: occupy one residence and lease the other for supplemental income, hold both as long-term rentals, or use the second home as a separate but nearby living space for an extended household, guests or changing needs over time. Each 3 bedroom, 3 bath residence offers a main level bedroom and full bath, open kitchen, dining and living spaces, an upstairs primary suite, second upstairs bedroom and full hall bath. Painted shaker cabinetry, slab counters, full height kitchen backsplashes, stainless steel Whirlpool appliances, black fixtures and detailed millwork give both interiors a polished, cohesive finish. Each home also includes dedicated off street parking via its driveway/parking pad, a fenced backyard and covered patio, pairing private outdoor space with low maintenance landscaping and a manageable yard size. Minisplit heating and cooling, individual laundry areas, separate street addresses and no HoA add everyday convenience and long term flexibility for an owner occupant or investor. Whether the goal is to offset housing costs with rental income, create two independent rental streams or maintain two separate residences in one location, this property offers options that are difficult to replicate with a traditional duplex. Enjoy a South Portland location near Fulton Park, Willamette Park and the Willamette Greenway Trail, with John's Landing dining, coffee and everyday shopping nearby plus convenient access to the Sellwood Bridge, OHSU, Barbur Blvd, I-5 and downtown Portland. 2-10 Builder Warranty coverage is included at closing.
Multi-familyProperty Type
2026Year Built
4,356 sq ftLot Size
$409Price/Sq.Ft.
Listed by Darryl Bodle• Keller Williams Realty Portland Premiere
Listed by Kelly Christian• Keller Williams Realty Portland Premiere
John's Landing, located between South Waterfront and Multnomah Village, is a river-adjacent and residential Portland neighborhood with marina views and a tucked-away, campus-like street grid. The neighborhood’s character concentrates along SW Macadam Avenue near the John’s Landing retail cluster, where low-slung storefronts, patios, and service shops line the corridor. Architectural cues lean mid-century apartments, townhomes, and contemporary infill set against wooded slopes and the Willamette’s working shoreline. The river path and pocket docks shape a daily rhythm of walks, rowing shells, and passing freight. Local pillars include Elephant’s Delicatessen, the John’s Landing Yacht Club, and Willamette Park’s riverfront lawns. A calm, polished feel comes from greenery, water, and the steady hum of Macadam traffic.
Provided by Walk Score and Local Logic
Offer insights
7252 SW 1st Ave · $1,039,900
$1.04M and above
75% chance or better to win
Why $1.04M+ is a strong offer
DAYS ON MARKET
45 days
The average home goes pending in 60 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Crawl space basement
No storage
Bedrooms
Each unit has 3 bedrooms
Bathrooms
Each unit has 3 bathrooms
Kitchen
Dishwasher
Range
Laundry & utility
Washer/dryer hookup
Electric hot water with tank
Heating & cooling
Heat pump
Mini-split
Exterior features
Cement siding and lap siding
Level lot
Public road frontage
Gravel road surface
Trees/woods view
Sidewalk
Home design
Multi-family property (detached)
New construction
2026 construction
Parking
Driveway
Off-street parking
Security
Sidewalk (listed as a security feature)
Construction
Composition roof
Concrete perimeter and stem wall foundation
Building area total 2,540
Irregular lot shape
Utilities
Electric fuel
Public water
Public sewer
Financial info
Two-unit building
Unit type: 1 (2 units of this type)
Each unit area 1,270
Actual rent for unit type listed at $2,995
Cap rate 4.99
Gross rent multiplier 14.39
Other
Zoning: R5
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R732659
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Aug 24, 2026.
Historical weather
Portland, OR • 97219
Average low and high temperatures (°F)
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42
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Sun exposure
89/ 100
Very good sunlight
Sunscore
This home ranks in the top 19% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7252 SW 1st Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $745,000 and $1,065,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $745K to $1.1M.