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7033 SE 60th Ave, Portland, OR, 97206

24beds
36baths
11,578sqft
$4,313,900
$373price/sqft
$27,499/moest. monthly cost
$1,099,960/yrincome needed

About This Home

New construction 12 home detached cottage portfolio in Brentwood Darlington, offering rare scale, efficient unit design, and strong tenant appeal in a convenient Southeast Portland location. The offering includes twelve detached cottages, each with 2 bedrooms and 2.1 bathrooms. Crafted by a local family builder with roots in finish carpentry, each home reflects enduring craftsmanship, forward thinking design, and a commitment to strengthening Portland’s neighborhoods. Built better from the finish up. Interiors feature solid surface countertops, peninsula islands with eat bars, practical storage, and tasteful coffered bedroom ceilings. Each cottage includes a refrigerator, washer and dryer, and window coverings, helping ease the move in process and support a clean leasing presentation from day one. Mini split heating and cooling on the main level and in each bedroom provides efficient year round comfort throughout every key living space. Two cottages offer 899 square feet and ten offer 978 square feet, creating a consistent unit mix for underwriting, leasing, and long term operations. Private entries, detached living, efficient two level layouts, patio spaces, and low maintenance outdoor areas enhance tenant appeal, while the back two homes offer larger, premium yard space. Projected pro forma cap rate of 5.83% at stabilization. Buyer to verify all income, expenses, and assumptions. Brentwood Park, Brentwood Community Garden, Mt. Scott Community Center, Woodstock New Seasons, Foster area dining, neighborhood coffee, parks, errands, and bike routes are all within easy reach. Nearby Woodstock favorites add further convenience and help the homes live larger than their footprints. A rare opportunity to acquire a full new construction detached cottage cluster with uniform layouts, modern systems, and a location positioned for durable rental demand.

Getting Around

57
WalkingSomewhat Walkable
39
TransitSome Transit
94
BikeBiker's Paradise

Schools

6/10
6/10
Lane Middle SchoolGrades 6-80.1 mi
6/10
Franklin High SchoolGrades 9-122.1 mi

Construction

Condition

  • Property condition: New Construction
  • Year built: 2026

Materials

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

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Range,Washer/Dryer,Electric Water Heater,Tank Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 24
  • Bathrooms: 36
  • Full bathrooms: 24
  • Partial bathrooms: 12

Heating & Cooling

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

Interior Area

  • Total structure area: 11,578
  • Total interior livable area: 11,578 sqft

Property

Details

  • Parcel number: New Construction
  • Zoning: R5

Features

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

Lot

  • Lot size: 0.33 Acres
  • Features: Level,SqFt 10000 to 14999
  • Lot size dimensions: 60 x 236

Parking

  • Parking features: On Street
  • 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 $21,813$261,756
Home Insurance *$970$11,640
Property Taxes $3,666$43,992
Electricity $1,050$12,608
Total$27,499$329,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$942,822/yr
40% on housing$824,970/yr
45% on housing$733,306/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

$373This listing

vs Other Active Listings

Avg $/sqft

ZIP 97206$226
Multnomah County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 97206$323
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)

Price History

DateEventPrice
2026-05-25Listed for sale$4,313,900
2024-06-07Sold$350,000
2024-04-26Pending sale$425,000
2024-04-24Listed for sale$425,000

For Sale by Agent

AgentDarryl Bodle
BrokerageKeller Williams Realty Portland Premiere

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