Cambridge Townhomes
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Number of Units: 18 Townhomes
Unit Mix: 3 Bed / 3 Bath
Average Unit Size: 1,431 SF (includes attached garage)
Year Built: 2025
Average Rent: $2,645/month
Current Occupancy: 78% Leased (14/18 units)
Cap Rate: 5.7%
Gated community providing added privacy and security
On-site playground within shared common area
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FOR SALE
Accepting Offers
Lead Advisor:
15065 SE Division Street | Portland, OR 97236
New Construction Townhome Community with Condo-Quality Finishes
Cambridge Townhomes is a newly constructed, gated multifamily community located along SE Division Street in Portland, Oregon. Built in 2025, the property consists of 18 thoughtfully designed three-bedroom townhomes offering modern finishes, private outdoor space, and attached garages — features that strongly appeal to today’s renters seeking both comfort and convenience.
With 14 of 18 units currently leased (78% occupancy), the property presents an opportunity to acquire a stabilized, low-maintenance asset with continued lease-up potential in a growing East Portland submarket.
Interior Features
Each townhome is designed with high-end finishes that deliver a condo-quality living experience:
Custom cabinetry
Quartz countertops
In-unit air conditioning
Electric fireplace
In-unit laundry
Private fenced yards
Attached garages
These features help drive tenant demand, support strong rental rates, and reduce long-term turnover.
Location
Situated on SE Division Street, Cambridge Townhomes benefits from convenient access to neighborhood retail, schools, parks, and major commuter routes. The location offers residents a balance of suburban comfort with proximity to urban amenities, supporting long-term rental demand in the area.