2120 NE 7TH AVE Portland, OR $ 725,000
2120 NE 7TH AVE
$ 725,000
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2120 NE 7TH AVE

Portland, OR, 97212
$ 725,000
Bedrooms6 Baths3.0 Sq 2,550

Monthly Estimate*

$ 4,464

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Multi-Family Home for sale in Portland, OR

for $725,000 with 6 bedrooms and 3 full baths. This 2,550 square foot home was built in 1979 on a lot size of 0.12.

Open House Sunday 1/18 from 2-4pm! Don’t miss this well maintained and thoughtfully cared-for triplex in the heart of Irvington, one of Portland’s most iconic and desirable neighborhoods. Offering strong investment appeal and exceptional livability, this property boasts a Walk Score of 88 and a perfect Bike Score of 100, placing it minutes from shops, dining, parks and transit. Listed below appraised value for a tremendous investment opportunity. This townhouse-style, two-story triplex features three spacious 2 bedroom 1 bath units, all located on the upper level and set back from the street for added privacy. Each unit offers approximately 850 square feet and is equipped with highly efficient mini-split systems for heating and cooling, in unit washers and dryers, and dedicated off-street parking for each tenant. Mature landscaping with lush trees on the south side offers cool shade and additional peace of mind. Tenants enjoy a locked bicycle shed and each unit has a private patio area. With long-term ownership, a history of low vacancy and a prime central location, this is a rare opportunity to acquire a character-rich income property in one of Portland’s most walkable and bikeable communities. Please make all offers subject to interior inspection and do not disturb tenants.

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Multi-Family Active

Price

$ 725,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 10,059

Style

Lot Size

0.12

Year Built

1979

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

363373174

Features
General
Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Zoning RM1
Year Built 1979
Stories Count 2
Tax Year 2025
Parcel Number R301279
Gross Income 61200.0
County Multnomah
Net Operating Income 47863.0
Operating Expense 13337.0
Property Type MultiFamily
HOA N
Subdivision Name Irvington
Rent Includes Sewer TrashCollection Water
Status Active
Directions NE Broadway to NE 7th Ave
High School Grant
City Portland
Disclosures Disclosure
Number Of Units Total 3
MLS Area _142
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Irvington
Tax Annual Amount 10059.62
Middle/Junior High School Harriet Tubman
Virtual Tour https://unbranded.virtuance.com/listing/2120-ne-7th-ave-portland-oregon
Standard Status Active
TaxOtherAnnualAssessmentAmount 0
Accessory Dwelling Unit Y/N N
Legal Description WEST IRVINGTON BLOCK 119 LOT 13
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
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 OffStreet
Water Source PublicWater
Total Parking 3.0
Exterior Description Aluminum
Building Area Total 2550.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 2120
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* Excluded Features
List By
Keller Williams Sunset Corridor

Broker

503-501-6925

Contact

Affordability Calculator

$5,302
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$838
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
1949256 Elementary School
2416933 Middle School
Grant High School High School
Pricing History
DatePricePrice ChangeDescription
1/17/2026$725,000 Listed Price

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2120 NE 7TH AVE, Portland, OR, 97212 is a Multi-Family Home for sale at $725,000 with 2,550 sqft and a lot size of 0.12. 2120 NE 7TH AVE has 6 bedrooms, 3.0 baths, and was built in 1979. The property's zip code is 97212 which is in Portland, OR