Shari Newman

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Listing provided courtesy of Keller Williams Realty Portland PremiereMLS# 644473862MLS ProviderContact Information: 503-505-8065
  • 3 days on site
  • 1 views

Eastwood Estates is a 21-unit multifamily investment opportunity in Portland's established Rockwood submarket. Situated on approximately 1.14 acres, the property features twenty 1-bedroom units and one 2-bedroom unit with ample on-site parking. Currently operating at approximately 81% occupancy, the asset offers immediate value-add potential through lease-up and continued rent growth. Conveniently located near MAX Light Rail, public transit, SE Burnside, and major employment and retail corridors, Eastwood Estates provides investors the opportunity to acquire a well-positioned multifamily asset with strong long-term rental demand and operational upside. Offering Memorandum available upon request.

Source: Regional MLS, MLS#: 644473862

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  • Property Type
    Residential Income
  • Lot
    1.14 acres

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Shari Newman

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  • Median Age
    34
  • Population Density
    8,544
  • College Educated
    24%
  • Estimated Median Income
    $46,433
  • Estimated Total Home Owners
    6,636
  • Estimated Total Renters
    7,021
  • Owner / Renter Divide
    49% / 51%
  • Estimated Average Household Size
    3
  • Total Population
    38,779
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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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.

History

Date Event Value Agent
6/27/2026Source: Regional MLS Added to Database
June 27, 2026