7387 N Mobile AVE Portland, OR $ 1,495,900
7387 N Mobile AVE
$ 1,495,900
New Construction
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7387 N Mobile AVE

Portland, OR, 97217
$ 1,495,900
Bedrooms6 Baths9.0 Sq 4,274

Monthly Estimate*

$ 9,332

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Multi-Family Home for sale in Portland, OR

for $1,495,900 with 6 bedrooms and 9 full baths. This 4,274 square foot home was built in 2025 on a lot size of 0.08.

Investor Opportunity: This attached 4-plex property at 7385 N Mobile Ave offers multiple income streams under one roof in a high-demand North Portland neighborhood. Each unit is individually metered for convenience, there are no HOA fees, and the property is fee simple, giving you full ownership and control. All units are move-in ready, making tenant turnover easy and minimizing downtime between leases. Low vacancy risk, shared site costs, and simple management make this an ideal owner-operator or portfolio addition. Nearby amenities make it highly tenant-friendly, including popular dining and bars like Casa Zoraya and Tulip Shop Tavern, coffee shops, and easy access to Peninsula Park. Walkable streets, bike-friendly routes, and transit access add to tenant appeal. This 4-plex provides immediate cash flow with long-term upside in a growing Portland submarket.

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Multi-Family Active

Price

$ 1,495,900

Bedrooms

6

Full Bath

9

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.08

Year Built

2025

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

678898068

Features
General
Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Zoning RM2
Garage Spaces 0
Year Built 2025
Stories Count 2
Parcel Number New Construction
Gross Income 0
County Multnomah
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Subdivision Name ARBOR LODGE
Rent Includes None
Status Active
Directions N Lombard St to N Mobile Ave
High School Jefferson
City Portland
Disclosures Exempt
Number Of Units Total 4
MLS Area _141
Lot Size Square Feet 3484.0
Listing Terms Cash Conventional VALoan
Elementary School Chief Joseph
Tax Annual Amount 0
Middle/Junior High School Ockley Green
Property Condition NewConstruction
Virtual Tour https://www.youtube.com/watch?v=kz46-nwTUJI
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TBD
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Interior
Basement CrawlSpace
Storage None
Hot Water Electricity
Unit 1 Baths Total 3
Unit 1 Beds Total 2
Unit 2 Baths Total 3
Unit 2 Beds Total 2
Unit 3 Baths Total 3
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description BoardBattenSiding CementSiding LapSiding
Foundation Details ConcretePerimeter
Building Area Total 4274.0
Lot Dimensions 97X37
Lot Size Acres 0.08
Road Surface Type Paved
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Internal Only
Street Number 1 7387
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-709-4632

Contact

Affordability Calculator

$9,332
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,332
Monthly Property Taxes
--
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% 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
1951026 Elementary School
1950460 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$1,495,900 -0.93% Price Down
11/13/2025$1,509,900 -0.66% Price Down
10/27/2025$1,519,900 Listed Price

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7387 N Mobile AVE, Portland, OR, 97217 is a Multi-Family Home for sale at $1,495,900 with 4,274 sqft and a lot size of 0.08. 7387 N Mobile AVE has 6 bedrooms, 9.0 baths, and was built in 2025. The property's zip code is 97217 which is in Portland, OR