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7555 N Portsmouth Ave, Portland, OR, 97203

8beds
4baths
3,576sqft
$899,000
$251price/sqft
$5,839/moest. monthly cost
$233,560/yrincome needed

About This Home

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!

Getting Around

76
WalkingVery Walkable
45
TransitSome Transit
99
BikeBiker's Paradise

Schools

9/10
Astor Elementary SchoolGrades K-80.4 mi
2/10
Roosevelt High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1970

Materials

  • Roof: Composition
  • Construction materials: Cement Siding,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Refrigerator,Electric Water Heater
  • Laundry features: Common Area

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Heating

  • Heating features: Zoned

Interior Area

  • Total structure area: 3,576
  • Total interior livable area: 3,576 sqft

Property

Details

  • Parcel number: R248738
  • Zoning: R-1

Features

  • Stories: 2
  • Patio & porch: Deck

Lot

  • Lot size: 6,969 sqft
  • Features: SqFt 7000 to 9999
  • Lot size dimensions: 6750

Parking

  • Total spaces: 4
  • Parking features: Off Street,Paved