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7537 N HEPPNER AVE Portland, OR $ 849,900
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$ 849,900 Get more info
7537 N HEPPNER AVE
$ 849,900
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7537 N HEPPNER AVE

Portland, OR, 97203
$ 849,900
Bedrooms2 Baths1.0 Sq 3,132

Monthly Estimate*

$ 5,233

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Multi-Family Home for sale in Portland, OR

for $849,900 with 2 bedrooms and 1 full bath. This 3,132 square foot home was built in 1970 on a lot size of 0.18.

Discover this 4 plex in the heart of vibrant North Portland, offering a perfect blend of investment potential and owner-occupant flexibility. Nestled in a thriving neighborhood with easy access to local amenities, parks, dining, public transit and near University of Portland. This property is an ideal opportunity for investors or those looking to live in one unit while renting out the others. Each unit features 2 large bedrooms and 1 full bath. Three units are currently rented w/ reliable tenants, generating steady cash flow. Your chance to own a versatile income-producing property in one of Portland’s most dynamic neighborhoods!

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Multi-Family Pending

Price

$ 849,900

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 8,506

Style

Lot Size

0.18

Year Built

1970

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

378914688
Features
General
Sewer PublicSewer
Heating Baseboard
Cooling None
Zoning RM1
Year Built 1970
Stories Count 2
Tax Year 2025
Parcel Number R227553
Gross Income 76800.0
County Multnomah
Net Operating Income 69344.0
Operating Expense 61142.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Pending
Directions Lombard North on Heppner
High School Roosevelt
City Portland
Number Of Units Total 4
MLS Area _141
Lot Size Square Feet 7840.0
Listing Terms Cash Conventional FHA VALoan
Elementary School James John
Tax Annual Amount 8506.75
Middle/Junior High School George
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description NORTHERN HILL AC & SUB N 94.44' OF E 107.5' OF LOT 21
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Interior
Basement PartialBasement
Storage Basement
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit Type UnitTypeType1
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Exterior
Parking Features OffStreet
Water Source PublicWater
Total Parking 6.0
Exterior Description Brick WoodSiding
Building Area Total 3132.0
Lot Size Acres 0.18
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Internal Only
Street Number 1 7537
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* Excluded Features
List By
John L. Scott Portland Central

Broker

neportland@johnlscott.com

Contact

Affordability Calculator

$5,942
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,233
Monthly Property Taxes
$709
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949662 Elementary School
1949529 Middle School
Roosevelt High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/14/2025$824,900 Listed Price

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7537 N HEPPNER AVE, Portland, OR, 97203 is a Multi-Family Home for sale at $849,900 with 3,132 sqft and a lot size of 0.18. 7537 N HEPPNER AVE has 2 bedrooms, 1.0 baths, and was built in 1970. The property's zip code is 97203 which is in Portland, OR

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