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5486 SE Boise StreetPortland, OR 97206Price: $1,699,950

  • Price: $1,699,950
  • Est. Mortgage of $/month
  • 17 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,699,950List Price
  • 4,074Square Feet
Listed by Kelly Asmus of Berkshire Hathaway HomeServices NW Real Estate
Open House
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206
5486 SE Boise Street Portland OR 97206

Listing Tools

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.

Property Details of 5486 SE Boise Street

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Based on information submitted to OR_RMLS_WEB_API as of May 21, 2026 6:44 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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