2475 NW RALEIGH ST Portland, OR $ 1,295,000
2475 NW RALEIGH ST
$ 1,295,000
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2475 NW RALEIGH ST

Portland, OR, 97210
$ 1,295,000
Bedrooms1 Baths2.0

Monthly Estimate*

$ 7,974

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Multi-Family Home for sale in Portland, OR

for $1,295,000 with 1 bedroom and 2 full baths. This home was built in 1941 on a lot size of 0.11.

Exceptional location! Walkability 10/10. Very low utility costs. Charming, single-level building. Each unit has a great layoutand a home-like feeling. Wood floors throughout. Excellent tenants in place. Easy to rent. Low turnover rate. Wallace Park isacross the street. Walk to restaurants, coffee, shops, grocery stores, schools and hospital. Unfinished basement with 1296 sq ft w/ much potential for additional storage units and more! Zoned R2 - may allow up to 3+ stories. Please do not disturb tenants. Interior viewing of units is subject to accepted offer. Sellers are licensed OR real estate brokers. Listing Agent is a member of LLC ownership of this property.

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Multi-Family Active

Price

$ 1,295,000

Bedrooms

1

Full Bath

2

Property Type

Multi-Family

Taxes

$ 10,254

Style

Lot Size

0.11

Year Built

1941

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

185985486

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling WindowUnit
Roof Composition
Zoning R2
Security Features SecurityLights
Year Built 1941
Stories Count 1
Tax Year 2025
Parcel Number R171386
Gross Income 90900.0
County Multnomah
Net Operating Income 67900.0
Operating Expense 23000.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions Between NW 25th & NW 23rd on Raleigh
High School Lincoln
City Portland
Number Of Units Total 6
MLS Area _148
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional
Elementary School Chapman
Tax Annual Amount 10254.31
Middle/Junior High School West Sylvan
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description GOLDSMITHS ADD BLOCK 8 LOT 15 EXC E 6 OF S 50'
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Interior
Basement FullBasement Unfinished
Storage Basement
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OnStreet
Lot Features Level OnBusline
Water Source PublicWater
Exterior Description Other
Foundation Details ConcretePerimeter
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 2475
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* Excluded Features
List By
Windermere Realty Trust

Broker

503-539-1143

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Affordability Calculator

$8,828
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,974
Monthly Property Taxes
$855
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
1949026 Elementary School
1948992 Middle School
Lincoln High School High School
Pricing History
DatePricePrice ChangeDescription
4/6/2026$1,295,000 Listed Price

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2475 NW RALEIGH ST, Portland, OR, 97210 is a Multi-Family Home for sale at $1,295,000 with a lot size of 0.11. 2475 NW RALEIGH ST has 1 bedrooms, 2.0 baths, and was built in 1941. The property's zip code is 97210 which is in Portland, OR