7555 N PORTSMOUTH AVE Portland, OR $ 899,000
7555 N PORTSMOUTH AVE
$ 899,000
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7555 N PORTSMOUTH AVE

Portland, OR, 97203
$ 899,000
Bedrooms8 Baths4.0 Sq 3,576

Monthly Estimate*

$ 5,535

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Multi-Family Home for sale in Portland, OR

for $899,000 with 8 bedrooms and 4 full baths. This 3,576 square foot home was built in 1970 on a lot size of 0.16.

Incredible investment opportunity to own this updated North Portland four-plex near University of Portland. Conventional financing as owner-occupied available. Each unit has two bedrooms and one bathroom over roughly 800-900 square feet. Three of the units are already rented at a combined $4,730 monthly. The vacant and fully remodeled fourth unit with new flooring, cabinets, countertops, and bathroom could increase that to $6,680. This is a lovely spot to call home with sunrooms for top floor tenants and sunny patios on the lower level. All residents enjoy shared garden space, laundry, and plenty of tenant parking. Delightful Portsmouth location near parks, New Seasons, Fred Meyer, and a vibrant mix of coffee shops, restaurants, and bars!

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Multi-Family Active

Price

$ 899,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,132

Style

Lot Size

0.16

Year Built

1970

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

185951818

Features
General
Sewer PublicSewer
Heating Zoned
Roof Composition
Zoning R-1
Year Built 1970
Stories Count 2
Tax Year 2025
Parcel Number R248738
Gross Income 56760.0
Community Features Laundry
County Multnomah
Net Operating Income 34903.0
Operating Expense 21857.0
Property Type MultiFamily
HOA N
Subdivision Name St Johns
Rent Includes Sewer TrashCollection Water
Status Active
Directions N Lombard to N Portsmouth
High School Roosevelt
City Portland
Disclosures Disclosure
Number Of Units Total 4
MLS Area _141
Lot Size Square Feet 6969.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Astor
Tax Annual Amount 10132.88
Middle/Junior High School Astor
Property Condition UpdatedRemodeled
Standard Status Active
TaxOtherAnnualAssessmentAmount 0
Accessory Dwelling Unit Y/N N
Legal Description PORTSMOUTH VILLA EXTD BLOCK E LOT 4
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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 4 Baths Total 1
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features OffStreet Paved
Water Source PublicWater
Total Parking 4.0
Exterior Description CementSiding WoodSiding
Building Area Total 3576.0
Lot Dimensions 6750
Lot Size Acres 0.16
Road Surface Type Paved
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Internal Only
Street Number 1 7555
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* Excluded Features
List By
Real Broker

Broker

marc@zempdevelopment.com

Contact

Affordability Calculator

$6,380
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,535
Monthly Property Taxes
$844
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
1949762 Elementary School
1950192 Middle School
Roosevelt High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$899,000 Listed Price

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7555 N PORTSMOUTH AVE, Portland, OR, 97203 is a Multi-Family Home for sale at $899,000 with 3,576 sqft and a lot size of 0.16. 7555 N PORTSMOUTH AVE has 8 bedrooms, 4.0 baths, and was built in 1970. The property's zip code is 97203 which is in Portland, OR