Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 511016795MLS ProviderContact Information: 503-709-4632

7448 SE Tolman STPortland, OR 97206

Multi-Family · 4,282 Sq. ft. | 0.11 Acres
$1,714,900 Active

7448 SE Tolman ST Overview

Time on Site:
136 days
Visits:
1

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.

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7448 SE Tolman ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,282
  • Price/Sq.ft. $400
  • Lot 0.11 Acres

Details

General

School Information

  • Elementary School: Woodmere
  • Middle Or Junior School: Lane
  • High School: Franklin

Income/Expenses

  • Gross Income: 123315.0
  • Net Operating Income: 88447.0
  • Operating Expense: 34869.0

Building Information

  • Year Built: 2026

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 143 - Portland Southeast
  • Subdivision Name: MT SCOTT - ARLETA

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 0
  • Tax Year: 2026

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional
  • Parcel Number: New Construction
  • Property Condition: New Construction
  • Property Type: Multi Family
  • Zoning: R2.5

Interior

Building Interior

  • Building Area Total: 4282.0

General Information

  • Basement: Crawl Space
  • Cooling: Heat Pump,Mini Split
  • Foundation Details: Concrete Perimeter,Stem Wall
  • Heating: Mini Split
  • Security Features: Security Gate,Sidewalk
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Street
  • Parking Total: 0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Dimensions: 50x100
  • Lot Size Square Feet: 4791.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

7448 SE Tolman ST Neighborhood

Community

97206 (Portland) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7448 SE Tolman ST Monthly Cost

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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.

7448 SE Tolman ST Market Data

Based on the last 30 days in this zip code

$479,414
Average List Price
$334
Average Price per Square Foot
53
Properties Sold
86
Average Days on Market
215
Properties for Sale
Calculations provided by Reliance Network

7448 SE Tolman ST History

Date Event Value Agent
4/30/2026Source: Regional MLS Price Reduction
$1,714,900 -0.9%
2/13/2026Source: Regional MLS Added to Database
February 13, 2026