NEW! Buy and sell safely with virtual options - Learn More
About the Listing KWPP01 - BODLEDAR,CHRISTKV
New construction detached cottage portfolio near St. Johns offering four detached homes in one North Portland location with a projected 5.09% cap rate at stabilization. The offering includes 6605 N Seneca St, 9411 N Macrum Ave, 9415 N Macrum Ave, and 9421 N Macrum Ave, totaling 4,868 square feet with 12 bedrooms, 8 full bathrooms, and 4 half bathrooms across the four homes. Each residence offers 3 bedrooms and 2.1 bathrooms, with living, dining, kitchen, and half bath on the main level, plus all bedrooms, 2 full bathrooms, and laundry upstairs. The two larger homes offer 1,253 square feet each, while the two interior homes offer 1,181 square feet each. 6605 N Seneca St includes the premium yard space in the community, while 9421 N Macrum Ave offers an end position with patio space. Whole home ducted heat pump systems provide efficient year round heating and cooling, while whole house ventilation and one year builder warranties add to the new construction package. This offering gives investors four detached rental homes with separate addresses, efficient footprints, individual outdoor areas, and broad tenant appeal. Near downtown St. Johns, Cathedral Park, Pier Park, New Seasons Market University Park, local coffee, food carts, restaurants, transit, bike routes, Lombard access, and connections toward University Park, Kenton, and downtown Portland, the location supports everyday convenience and long term rental demand. Projected cap rate, rental assumptions, and expenses are approximated and should be independently verified.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
207223178
Year Built
2026
Total Square Footage
4,868
Lot/Acreage
0.13
County
Multnomah
Neighborhood
St. Johns
Area
141 - Portland North
Elementary School
James John
Middle School
George
High School
Roosevelt
Interior Details
- Bedrooms: 12
- Bathrooms: 12 Full
- Appliances:
- Air Cond: Heat Pump
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Corner Lot,Level,Public Road
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: Approx. 109x51
- Zoning: R2.5
- Roof: Composition
- Others: New Construction
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: New Construction
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
6603 N Seneca St Portland, OR 97203
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
