2507 E Burnside ST Portland, OR $ 989,000
2507 E Burnside ST
$ 989,000
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2507 E Burnside ST

Portland, OR, 97214
$ 989,000
Bedrooms6 Baths5.0 Sq 2,756

Monthly Estimate*

$ 6,170

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Multi-Family Home for sale in Portland, OR

for $989,000 with 6 bedrooms and 5 full baths. This 2,756 square foot home was built in 2004 on a lot size of 0.1.

A rare chance to secure a well-kept triplex in the heart of Laurelhurst. Two townhouse-style units sit at the front of the property, while the rear unit offers convenient single-level living with its own private deck. One unit is currently vacant, giving a buyer the option to live on-site and reduce ownership costs or lease it out to maximize returns. Each unit includes dedicated covered parking beneath the building, providing dependable off-street space. The exterior was repainted in 2021 and the interiors have been refreshed with updated finishes. New roof in 2023. All appliances stay, including washers and dryers. Durable wood-style flooring adds a clean, modern feel throughout. The location is hard to beat, with popular dining, shopping, and daily conveniences just steps away. Walk Score 97, Bike Score 100.

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Multi-Family Active

Price

$ 989,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 9,769

Style

Lot Size

0.1

Year Built

2004

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

396251395

Features
General
Sewer PublicSewer
Heating WallHeater Zoned
Roof Composition
Zoning RM2
Year Built 2004
Stories Count 2
Tax Year 2025
Parcel Number R158630
Gross Income 71076.0
County Multnomah
Net Operating Income 57304.0
Operating Expense 13773.0
Property Type MultiFamily
HOA N
Subdivision Name LAURELHURST
Rent Includes MaintenanceGrounds
Status Active
Directions Burnside between NE 24th & NE 26th Ave
High School Cleveland
City Portland
Disclosures Disclosure
Number Of Units Total 3
MLS Area _142
Lot Size Square Feet 4356.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Buckman
Tax Annual Amount 9769.7
Middle/Junior High School Hosford
Property Condition UpdatedRemodeled
Virtual Tour https://unbranded.virtuance.com/listing/2507-e-burnside-st-portland-oregon
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ETNA BLOCK 5 LOT 12 EXC PT IN ST
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Assigned Carport
Lot Features Level OnBusline PublicRoad
Water Source PublicWater
Total Parking 3.0
Exterior Description CementSiding LapSiding
Foundation Details ConcretePerimeter
Building Area Total 2756.0
Lot Size Acres 0.1
Road Surface Type Paved
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Internal Only
Street Number 1 2507
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* Excluded Features
List By
Northwest Realty Source

Broker

info@nwrealtysource.com

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Affordability Calculator

$6,984
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,170
Monthly Property Taxes
$814
Monthly Home Insurance
--
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
1950873 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
12/11/2025$989,000 Listed Price

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2507 E Burnside ST, Portland, OR, 97214 is a Multi-Family Home for sale at $989,000 with 2,756 sqft and a lot size of 0.1. 2507 E Burnside ST has 6 bedrooms, 5.0 baths, and was built in 2004. The property's zip code is 97214 which is in Portland, OR