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7560 N Emerald Ave, Portland, OR, 97217

--beds
0baths
170,005sqft
$64,000,000
$376price/sqft
$476,931/moest. monthly cost
$19,077,240/yrincome needed

About This Home

Rare chance to acquire a 170 unit multifamily portfolio spanning 23 offerings across Portland and the Oregon Coast, assembled for investors seeking immediate scale without building a portfolio one property at a time. Designed and developed by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, the portfolio offers a broad mix of modern cottage cluster communities, duplexes, triplexes, and plex assets designed for durable rental demand. All properties were built between 2023 and 2025, with several properties currently under construction, giving investors a rare combination of newer construction fundamentals and scalable acquisition potential. Buyers may pursue the full portfolio or select specific properties depending on investment goals, preferred locations, unit count, price point, and desired asset mix. Additional properties may also be available upon inquiry. Residences feature efficient layouts, contemporary finishes, private outdoor areas, off street parking or garages where available, and low maintenance ownership fundamentals. This offering gives a portfolio buyer the opportunity to add meaningful door count, diversify across multiple close-in Portland neighborhoods and select coastal assets, and capture both current income and future income upside. Ideal for a private investor, 1031 exchange buyer, private capital group, or operator seeking a material step toward a several hundred door rental portfolio. Current rental status, financials, construction completion dates, and other relevant property level details are available upon buyer inquiry.

Getting Around

80
WalkingVery Walkable
48
TransitSome Transit
99
BikeBiker's Paradise

Schools

9/10
8/10
Ockley GreenGrades 6-81.2 mi
5/10
Jefferson High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: New Construction
  • Year built: 2023

Materials

  • Foundation: Concrete Perimeter,Stem Wall
  • Roof: Composition
  • Construction materials: Cement Siding,Lap Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Tank Water Heater

Basement

  • Basement: Crawl Space

Heating & Cooling

  • Heating features: Forced Air,Mini Split
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 170,005
  • Total interior livable area: 170,005 sqft

Property

Details

  • Parcel number: New Construction
  • Zoning: Varies

Features

  • Stories: 2
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 6.48 Acres
  • Features: Level,Acres 5 to 7

Parking

  • Total spaces: 41
  • Parking features: Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 9
  • Covered spaces: 9
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Multnomah County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $323,618$3,883,416
Home Insurance *$14,208$170,496
Property Taxes $123,677$1,484,124
Electricity $15,428$185,141
Total$476,931$5,723,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$16,351,920/yr
40% on housing$14,307,930/yr
45% on housing$12,718,160/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.7%
4.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$376This listing

vs Other Active Listings

Avg $/sqft

ZIP 97217$222
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97217$279
Multnomah County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-26Listed for sale$64,000,000

For Sale by Agent

AgentDarryl Bodle
BrokerageKeller Williams Realty Portland Premiere

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