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  • Price cut: $95K (2/21)
    $1,759,900

    4540 SW Garden Home Rd, Portland, OR 97219

    8beds
    3,767sqft
    : 
    Multi Family
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $467/sqft
    $-- HOA

    What's special

    Modern open concept layoutsHigh end finishesEnhanced privacySubstantially larger lawn areaDedicated parking padStainless steel appliancesSolid surface countertops
    Investor opportunity in the heart of Garden Home offering four newly constructed 2 bedroom, 2 bathroom residences designed for durability, efficiency, and long term rental appeal. Each unit offers ~921 square feet with modern open concept layouts, solid surface countertops, stainless steel appliances, energy efficient mini splits for year round comfort, and private yard space with lawn areas that are highly attractive to today’s tenants. Designed and developed by a respected local boutique builder known for high end finishes, efficient use of space, and attention to detail, these homes reflect thoughtful planning and strong construction standards. The front residence includes a dedicated parking pad, while the rear residence features a substantially larger lawn area that supports premium rental positioning and enhanced privacy. From a tenant demand perspective, the location performs exceptionally well. The property sits ~0.3 miles to Garden Home Recreation Center, ~0.4 miles to Garden Home Park, ~0.5 miles to Trader Joe’s, Starbucks, and neighborhood dining options, and ~1 mile to Washington Square with its major retail, restaurants, and employment draw. Quick access to SW Multnomah Blvd and Hwy 217 supports easy commuting to downtown Portland, Beaverton tech corridors, and OHSU. New construction reduces deferred maintenance risk, energy efficient systems help control utility expenses, and private yard spaces create strong differentiation compared to typical attached rental product. With lifestyle driven amenities, commuter convenience, and long term structural integrity, this fourplex presents a compelling opportunity for both investor hold strategies and owner occupied investment models in a consistently desirable Southwest Portland submarket.
    47 days
    |
    455
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: 15 hours ago

    Listed by:

    Darryl Bodle 503-709-4632,

    Keller Williams Realty Portland Premiere,

    Kelly Christian 908-328-1873,

    Keller Williams Realty Portland Premiere

    Source: RMLS (OR),MLS#: 390814225MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 12
      • Full bathrooms: 8
      • Partial bathrooms: 4
      Heating
      • Mini Split
      Cooling
      • Heat Pump, Air Conditioning
      Appliances
      • Included: Dishwasher, Range, Electric Water Heater, Tank Water Heater
      • Laundry: Washer Dryer Hookup
      Features
      • Basement: Crawl Space
      Interior area
      • Total structure area: 3,767
      • Total interior livable area: 3,767 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Off Street, On Street
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 6,098.4 Square Feet
      • Dimensions: Appro x . 75 x 100
      • Features: Level, SqFt 5000 to 6999
      Details
      • Parcel number: New Construction
      • Zoning: R7

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Board & Batten Siding, Cedar, Cement Siding, Lap Siding
      • Foundation: Concrete Perimeter, Stem Wall
      • Roof: Composition
      Condition
      • New Construction
      • Year built: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Sidewalk
      • Subdivision: Multnomah
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $467/sqft
      • Date on market: 2/18/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Total actual rent: 10025
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/21/2026Price change$1,759,900-5.1%$467/sqft
        Source: RMLS (OR) #390814225 Report a problem
        2/20/2026Listed for sale$1,854,900$492/sqft
        Source: RMLS (OR) #390814225 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $10,134/mo
        Principal & interest
        $8726
        Property taxes
        $1408
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          Climate risks

          Neighborhood: Multnomah

          Getting around

          67 / 100
          Somewhat Walkable
          34 / 100
          Some Transit
          57 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Markham
          • Middle: Jackson
          • High: Ida B Wells

          Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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