5484 SE Boise ST

Portland, 97206

  • 3 Bed

  • 2 Bath

  • 4074 SqFt

  • 1 DOM

  • Built: 2025

  • Status: Active

$1,699,950

X

5484 SE Boise ST

Portland 97206

Open Sat, Mar 28th, 12PM to 4PM

$1699950

  • 3 Bed

  • 2 Bath

  • 4074 SqFt

  • 1 DOM

  • Built: 2025

  • Status: Active

    Open House

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Krishna Regupathy

Principal Broker

(503) 893-8874

Turnkey New Construction Investment Opportunity – Earth Advantage Platinum | SE Portland. Rare opportunity to acquire a high-performance, design-forward rental asset in the heart of Foster-Powell. Boise Cottages features all-electric, Earth Advantage Platinum certified homes (HES 10, Net Zero Ready, Solar Ready) designed for long-term durability, low operating costs and strong tenant appeal. Each detached residence offers 1,359 sq ft with 3 bedrooms + loft/office and 2 full baths—an ideal layout for today’s renters seeking flexible living and remote work space. Premium finishes include Bosch appliances, induction cooktop, quartz countertops and modern cabinetry. Private outdoor spaces, dedicated yards and a shared courtyard enhance livability and leasing appeal. Built with high-performance windows, heat pump HVAC, energy-efficient systems, advanced air sealing and whole-house ERV ventilation—supporting reduced utility costs, improved tenant retention and minimized capital expenditures. Detached cottage configuration provides a competitive advantage over traditional townhomes, offering privacy and design differentiation in a supply-constrained submarket. Street parking only aligns with neighborhood norms while lowering maintenance obligations. This turnkey portfolio supports multiple strategies including long or mid-term hold or alternative rental approaches such as furnished or Padsplit, subject to buyer verification. Strong location with Walk Score 90 and Bike Score 99, minutes to shops, theater, Carts on Foster, Kern Park, pubs and transit. Pro forma rents estimated at $2,700–$3,000/unit (used $2,850 avg). Estimated NOI $71K with cap rate 4.18% and upside to 4.5% at stabilization. 15-year new construction rent control exemption. Portfolio opportunity available (3 units) 5488/5486/5484 SE Boise St. Buyer to perform all due diligence regarding rental income and financial performance. Open Houses Saturday and Sunday 12-4pm, or by appointment. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232519]

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Residence Information

  • 4074

  • 3

  • 2

  • Composition

  • OnStreet

  • 2

  • 2025

  • Yes

  • AddedWallInsulation,DoublePaneWindows,ENERGYSTARQualifiedAppliances,HeatPump,SolarReady

  • CementSiding

  • None

  • None

  • Slab

Features and Utilities

  • HeatPump

  • Electricity, ENERGYSTARQualifie

  • HeatPump

  • PublicSewer

  • Electricity, ENERGYSTARQualifiedEquipment

  • Electricity

Financial

  • 1

  • None

  • Cash,Conventional,FHA,VALoan

  • 03-24-2026

  • No

  • No

Comparable Information

  • 1

  • 1

  • Cash,Conventional,FHA,VALoan

  • $1,699,950

  • $1,699,950

  • Mar 24, 2026 15:44

Schools

public Elementary : Creston 7/10 Ratings
Middle : Kellogg N/A Ratings
public High : Franklin 5/10 Ratings

Map

Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Mar 25, 2026 05:27 | Listing last modified Mar 24, 2026 15:44. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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