Register Login
Alexander King, Broker
(541) 921-5849
Refine Search

2472 SE Lincoln St, Portland, OR 97214

$2,149,900
Matterport Tour Logo Virtual Tour

20 Total Photos [Click to View All]

Property Description

Introducing a rare new-construction investment opportunity featuring three modern homes, thoughtfully designed and presented by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association. This offering delivers contemporary construction, efficient systems, and strong long-term rental appeal in a highly desirable close-in Southeast Portland location. The two end homes each offer approximately 1,645 square feet across three above-grade levels and include three full bathrooms, with each bedroom designed as an en-suite with its own dedicated bathroom and walk-in closet. The interior home offers approximately 1,666 square feet and includes two full en-suite bathrooms serving the bedrooms, plus a main-level half bath, creating flexibility while maintaining strong rental functionality. All three homes also include a main-level office that functions well as a fourth bedroom, providing meaningful rental upside. Open great-room layouts are anchored by gourmet kitchens featuring custom cabinetry with extensive storage, solid surface countertops with an eat bar, stainless steel appliances, and high ceilings that enhance light and volume. Efficient mini-split systems provide year-round heating and cooling, and each home includes a fully fenced, private backyard, a valuable amenity that supports tenant retention and premium rents. Tenants will enjoy proximity to sought-after neighborhood amenities including Coava Coffee Roasters, Stumptown Coffee Roasters, and Upper Left Roasters, along with dining and nightlife favorites such as Screen Door, Olympia Provisions, Loyal Legion, and Double Dragon. Nearby outdoor amenities include Colonel Summers Park, Laurelhurst Park, and convenient access to the Eastbank Esplanade. This offering is well positioned for investors seeking stable cash flow, modern design, and long-term hold potential, with flexibility to operate as a small portfolio or sell individually.

2472 SE Lincoln St | MLS# 166987272

This multi-family property located at 2472 SE Lincoln St, Portland, OR 97214 is currently listed for sale with an asking price of $2,149,900. Search Portland real estate on alexanderking.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Heat Pump, MiniSplit
Fuel Type: Electricity
Heating: Mini Split
Lot Size: 0.14 Acres
Roof Type: Composition
Stories: 3.0
Year Built: 2025
Square Feet: 4,956

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 4
Features: AirConditioning, Dishwasher, Range, WasherDryerHookup
Rent: $3550.00
Square Footage: 1645
Total Units: 2
Unit Type 2:
Bathroom(s): 3
Bedrooms: 4
Features: AirConditioning, Dishwasher, Range, WasherDryerHookup
Rent: $3450.00
Square Footage: 1666
Total Units: 1

Feature Descriptions

Days on Site: 90
Exterior: Cement Siding, Lap Siding
Gross Income: $125052.00 (Actual)
Hot Water: Electricity, Tank
Lot: Level
Lot Dimensions: 60.5x100
Net Income: $88907.00 (Actual)
Operating Expenses: $36146.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Special View Info: Trees/Woods
Storage: None
Units: 3
Water: Public Water

Local Schools

High School: Cleveland
Middle School: Hosford
Elementary School: Abernethy

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Portland Premiere
Agency Contact: 503-709-4632

Shown By

Agent Name: Alexander King, Broker
Agent Phone: (541) 921-5849
Agency Title: Bend Premier Real Estate

IDX logo

Estimate Your Payment

Estimated Payment

$ 11,498.12 per month $10,871.06 Principal & Interest $0.00 Property Tax (data not provided by mls) $627.05 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/06/2026. The listing information on this page last changed on 04/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/06/2026 12:35:31 AM EST) or RMLS (last updated Mon 04/06/2026 12:33:18 AM EST) or COAR/MLSCO (last updated Mon 04/06/2026 12:31:15 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel