Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 799680224MLS ProviderContact Information: 503-709-4632

7190 NE Glisan STPortland, OR 97213

Multi-Family · 8,760 Sq. ft. | 0.10 Acres
$2,749,900 Active

7190 NE Glisan ST Overview

Time on Site:
292 days
Visits:
17

Exceptional Investment Opportunity. This newly constructed 7-unit community is ideally positioned in Portland's highly desirable Montavilla neighborhood, an area known for its strong rental demand, vibrant local culture, and excellent access to both urban amenities and major employment corridors. The property features a rare and highly sought-after unit mix, with spacious residences ranging from approximately 1,190 to 1,390 square feet across three thoughtfully designed levels. The homes were crafted by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, reflecting a high level of quality, durability, and long-term appeal. Two units include a flexible ground-floor space well suited for a home office or potential fourth bedroom, catering to today's work-from-home and multi-use living preferences, while the remaining five units offer efficient and in-demand three-bedroom layouts. All residences feature 2.5 bathrooms and modern, low-maintenance design elements that appeal strongly to long-term tenants. Montavilla continues to stand out as a tenant-favorite neighborhood due to its walkable commercial core, strong community identity, and convenient access to downtown Portland, the Central Eastside, and I-84. Nearby amenities include Montavilla Brew Works, Roscoe's, Academy Theater, and a variety of local coffee shops, restaurants, and neighborhood services along SE Stark Street. Residents also enjoy close proximity to Montavilla Park, providing green space and outdoor recreation just minutes from home. This combination of new construction, larger unit sizes, flexible layouts, and a proven rental location is seldom found in today's market. A compelling opportunity for investors seeking durable construction, strong tenant appeal, and long-term income stability in one of Northeast Portland's most consistently desirable neighborhoods.

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7190 NE Glisan ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 8,760
  • Price/Sq.ft. $314
  • Lot 0.10 Acres

Details

General

School Information

  • Elementary School: Vestal
  • Middle Or Junior School: Roseway Heights
  • High School: Leodis McDaniel

Income/Expenses

  • Gross Income: 224640.0
  • Net Operating Income: 174758.0
  • Operating Expense: 49883.0

Building Information

  • Year Built: 2025

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast
  • Subdivision Name: MONTAVILLA

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 0
  • Tax Year: 2025

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional
  • Parcel Number: New Construction
  • Property Condition: New Construction
  • Property Type: Multi Family
  • Zoning: CM2

Interior

Parking Information

  • Garage Spaces: 0

Building Interior

  • Building Area Total: 8760.0

General Information

  • Basement: Crawl Space
  • Cooling: Mini Split
  • Foundation Details: Concrete Perimeter
  • Heating: Mini Split
  • Security Features: Sidewalk
  • Stories: 3

Exterior

Parking Information

  • Parking Features: On Street
  • Parking Total: 0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Dimensions: 45x100
  • Lot Size Square Feet: 4356.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 7
  • Sewer: Public Sewer

7190 NE Glisan ST Neighborhood

Community

97213 (Portland) Demographics

41
Median Age
8,110
Population Density (per sq. mile)
66%
College Educated
$80,916
Estimated Median Income
9,378
Estimated Total Home Owners
5,289
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7190 NE Glisan ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7190 NE Glisan ST Market Data

Based on the last 30 days in this zip code

$490,975
Average List Price
$304
Average Price per Square Foot
32
Properties Sold
83
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

7190 NE Glisan ST History

Date Event Value Agent
4/30/2026Source: Regional MLS Price Reduction
$2,749,900 -1.4%
2/27/2026Source: Regional MLS Price Reduction
$2,788,888 -3.0%
1/15/2026Source: Regional MLS Price Reduction
$2,874,900 -0.7%
1/8/2026Source: Regional MLS Price Reduction
$2,894,900 -2.0%
12/4/2025Source: Regional MLS Price Reduction
$2,954,900 -3.1%
11/21/2025Source: Regional MLS Price Increase
$3,049,900 4.1%
11/5/2025Source: Regional MLS Price Reduction
$2,929,900 -2.3%
10/8/2025Source: Regional MLS Price Reduction
$2,999,900 -2.3%
9/10/2025Source: Regional MLS Added to Database
September 10, 2025