1814 SE 37th Ave presents a rare investment opportunity in Portland’s Richmond neighborhood. These new construction homes offer modern design and a prime location with a Walk Score of 94 and a Bike Score of 100, appealing directly to tenants who value lifestyle, convenience, and mobility. Unlike many nearby developments, these homes are not condos. Each unit may be designated as fee-simple, giving investors more flexibility and future marketability. Designed with long-term ownership in mind, each home features efficient systems, quality finishes, and layouts that attract today’s renters while reducing near-term maintenance and capital costs. The location ensures consistent demand: steps from SE Hawthorne Blvd and SE Division St, tenants will enjoy immediate access to Portland icons like ¿Por Qué No?, Apizza Scholls, Stumptown Coffee, New Seasons Market, boutique shops, breweries, and multiple transit options. This lively, walkable setting supports strong occupancy and reliable rental income. For investors seeking stability and appreciation potential, this development offers the ideal blend of brand-new construction, prime location, and favorable ownership terms. Whether held as a cornerstone portfolio asset or positioned for future resale upside, these homes deliver the location, efficiency, and income performance investors want.
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
General Information
497111800
3
DOM
8
12
3751
2025
R5
Multnomah
New Construction
Abernethy 6/10
Hosford 6/10
Cleveland
MultiFamily
TBD
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
Krishna Realty data last checked: Sep 23, 2025 07:07 | Listing last modified Sep 22, 2025 01:16,
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Residence Information
3751
8
12
Composition,Metal
OnStreet
2
2025
No
CementSiding
Features and Utilities
MiniSplit
Electricity
MiniSplit
PublicSewer
Electricity
Electricity
Financial
0
None
Cash,Conventional
09-19-2025
No
No
Comparable Information
3
4
Cash,Conventional
$1,879,900
$1,879,900
Sep 22, 2025 01:16
Schools
public Elementary : Abernethy
6/10Ratingspublic Middle : Hosford
6/10Ratings High : ClevelandN/ARatings
Map
Listing courtesy of Keller Williams Realty Portland Premiere.
1814 SE 37th Ave presents a rare investment opportunity in Portland’s Richmond neighborhood. These new construction homes offer modern design and a prime location with a Walk Score of 94 and a Bike Score of 100, appealing directly to tenants who value lifestyle, convenience, and mobility. Unlike many nearby developments, these homes are not condos. Each unit may be designated as fee-simple, giving investors more flexibility and future marketability. Designed with long-term ownership in mind, each home features efficient systems, quality finishes, and layouts that attract today’s renters while reducing near-term maintenance and capital costs. The location ensures consistent demand: steps from SE Hawthorne Blvd and SE Division St, tenants will enjoy immediate access to Portland icons like ¿Por Qué No?, Apizza Scholls, Stumptown Coffee, New Seasons Market, boutique shops, breweries, and multiple transit options. This lively, walkable setting supports strong occupancy and reliable rental income. For investors seeking stability and appreciation potential, this development offers the ideal blend of brand-new construction, prime location, and favorable ownership terms. Whether held as a cornerstone portfolio asset or positioned for future resale upside, these homes deliver the location, efficiency, and income performance investors want.