7207 N ALBINA AVE Portland, OR $ 693,936
7207 N ALBINA AVE
$ 693,936
Recently Listed
Open House 8/22 11am - 1pm
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7207 N ALBINA AVE

Portland, OR, 97217
$ 693,936
Bedrooms5 Baths3.0 Sq 3,552

Monthly Estimate*

$ 4,382

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Multi-Family Home for sale in Portland, OR

for $693,936 with 5 bedrooms and 3 full baths. This 3,552 square foot home was built in 1958 on a lot size of 0.13.

This is the mid-century duplex of your dreams: beautifully preserved and maintained side-by-side units with garages and private yards, with RM1 zoning and the opportunity to expand! Perfect for a savvy owner occupant or investor, this property has been meticulously maintained and upgraded by its designer owner, with a focus on preserving its charm and character. Features like original hardwoods, tray ceilings, and vintage cabinetry and millwork pair with upgrades like newer heat pump water heaters, added insulation, and solar to keep energy costs low. Reach out to your agent for a copy of the Financials and Features list to read about the extensive upgrades through the years! Unit 7211 features three bedrooms and one and a half baths, including a primary with half bath, in-unit laundry, an attached garage, and a wrap-around private yard with fruiting trees. Unit 7207 features two beds, one bath, in-unit laundry and storage, and a private yard. There is also a second rentable garage for added income. The real bonus is down below- the full separate unfinished basement with exterior entrance located below unit 7207 has already been framed out with professionally installed floor drains and backflow valve and is ready to be finished! It can also be accessed from the interior of 7207 if expanding the size of that unit is more desirable to the buyer. This fantastic location in Piedmont near New Seasons Market, Peninsula Park, and the shops and restaurants on both Denver and Mississippi Avenues keeps tenant turnover low.

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Open House

8/22/2026 11:00 AM - 1:00 PM
7207 N ALBINA AVE Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 693,936

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,871

Style

Lot Size

0.13

Year Built

1958

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

562656944

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Composition
Zoning RM1
Garage Spaces 2.0
Security Features Unknown
Year Built 1958
Stories Count 2
Tax Year 2025
Parcel Number R225591
Gross Income 62124.0
County Multnomah
Net Operating Income 42813.0
Operating Expense 19311.0
Property Type MultiFamily
HOA N
Subdivision Name Piedmont
Rent Includes Electricity MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions From North Lombard South to North Albina
High School Jefferson
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _141
Lot Size Square Feet 5662.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Woodlawn
Tax Annual Amount 4871.35
Middle/Junior High School Ockley Green
Property Condition Existing
High School 2 Roosevelt
Virtual Tour https://my.matterport.com/show/?m=LR4c1kZeAsY&brand=0
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description NEWMARKET ROW BLOCK 3 LOT 5-8
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Interior
Basement ExteriorEntry FullBasement PartiallyFinished
Storage Basement Garage
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Garage Leased
Lot Features CornerLot Level OnBusline
Water Source PublicWater
Total Parking 4.0
Exterior Description Brick WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 3552.0
Lot Size Acres 0.13
Road Surface Type Paved
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Internal Only
Street Number 1 7207
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* Excluded Features
List By
Living Room Realty

Broker

kim@livingroomre.com

Email

Affordability Calculator

$4,788
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,382
Monthly Property Taxes
$406
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1951167 Elementary School
1950460 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
8/20/2026$693,936 Listed Price

Map


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7207 N ALBINA AVE, Portland, OR, 97217 is a Multi-Family Home for sale at $693,936 with 3,552 sqft and a lot size of 0.13. 7207 N ALBINA AVE has 5 bedrooms, 3.0 baths, and was built in 1958. The property's zip code is 97217 which is in Portland, OR