7555 N PORTSMOUTH AVE, Portland, OR 97203

$825,000
3,576
SqFt

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List Price
$825,000
Price Change
▼ $24,000 1781928592
Days on Market
96
MLS#
185951818
Property Type
Multifamily
Sqft. of Residence
3,576
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland North
Status
ACTIVE

Property Description

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 $4,545 monthly. The vacant and fully remodeled fourth unit with new flooring, cabinets, countertops, and bathroom could increase that to $6,480 ($77,760 annually) . 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!

Additional Information

Tax Amount
$10,132
Year Built
1970
High School
Roosevelt
Elementary School
Astor
Middle School
Astor
Acres
0.16
Living Area
3,576
Stories
2
Subdivision
St Johns
Lot Size Dimension
6750
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Electricity
Heating Description
Zoned
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Cement Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Off Street, Paved
Parking Description
Off Street, Paved
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Sq Ft
800
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1560
Unit Type Three Sq Ft
900
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
1575
Unit Type Four Sq Ft
900
Unit Type Four Units Total
1

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