Listing provided courtesy of Real Broker- MLS# 185951818MLS ProviderContact Information: 503-501-6925

7555 N PORTSMOUTH AVEPortland, OR 97203

Multi-Family · 3,576 Sq. ft. | 0.16 Acres
$825,000 Active

7555 N PORTSMOUTH AVE Overview

Time on Site:
67 days
Visits:
0

Incredible investment opportunity to own this updated North Portland four-plex near University of Portland. Conventional financing as owner-occupied available. Each unit has two bedrooms and one bathroom over roughly 800-900 square feet. Three of the units are already rented at a combined $4,730 monthly. The vacant and fully remodeled fourth unit with new flooring, cabinets, countertops, and bathroom could increase that to $6,680. This is a lovely spot to call home with sunrooms for top floor tenants and sunny patios on the lower level. All residents enjoy shared garden space, laundry, and plenty of tenant parking. Delightful Portsmouth location near parks, New Seasons, Fred Meyer, and a vibrant mix of coffee shops, restaurants, and bars!

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7555 N PORTSMOUTH AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,576
  • Price/Sq.ft. $231
  • Lot 0.16 Acres

Details

General

School Information

  • Elementary School: Astor
  • Middle Or Junior School: Astor
  • High School: Roosevelt

Income/Expenses

  • Gross Income: 54540.0
  • Gross Scheduled Income: 77760.0
  • Net Operating Income: 32683.0
  • Operating Expense: 21857.0

Building Information

  • Year Built: 1970

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 141 - Portland North
  • Subdivision Name: St Johns

Community/Development

  • Community Features: Laundry

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 10132.88
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R248738
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: R-1

Interior

Building Interior

  • Building Area Total: 3576.0

General Information

  • Basement: Crawl Space
  • Heating: Zoned
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Off Street,Paved
  • Parking Total: 4.0

Lot Information

  • Lot Size Acres: 0.16
  • Lot Size Dimensions: 6750
  • Lot Size Square Feet: 6969.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

7555 N PORTSMOUTH AVE Neighborhood

Community

97203 (Portland) Demographics

32
Median Age
3,309
Population Density (per sq. mile)
52%
College Educated
$67,229
Estimated Median Income
7,360
Estimated Total Home Owners
5,445
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7555 N PORTSMOUTH AVE Monthly Cost

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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.

7555 N PORTSMOUTH AVE Market Data

Based on the last 30 days in this zip code

$443,007
Average List Price
$310
Average Price per Square Foot
35
Properties Sold
92
Average Days on Market
140
Properties for Sale
Calculations provided by Reliance Network

7555 N PORTSMOUTH AVE History

Date Event Value Agent
6/19/2026Source: Regional MLS Price Reduction
$825,000 -2.8%
5/18/2026Source: Regional MLS Price Reduction
$849,000 -5.6%
4/23/2026Source: Regional MLS Added to Database
April 23, 2026