7521 N GLOUCESTER N AVE, Portland, OR 97203
- $725,000
7521 N GLOUCESTER N AVE, Portland, OR 97203
- $725,000
Overview
- 3892 Sqft
- 1909
- MultiFamily
- 653794194
- 0.1 Acres
- Living Room Realty
- Jessica Burke
Description
Rare CM2 mixed-use triplex in North Portland — all three units leased and cash-flowing from day one. This converted farmhouse offers a turnkey investment with genuine commercial flexibility in a zoning classification that’s increasingly scarce.Unit 1: 1BR | hardwood floors, wood-burning fireplace, updated kitchen and bathUnit 2: 2BR | hardwood floors, built-ins, remodeled kitchen and bath with penny tile, clawfoot tub, and original hardwareUnit 3: 2BR + bonus room | new carpet, new HVAC, refreshed kitchen — ideal for residential, office, or commercial use at lease endEvery unit has basement storage. Shared backyard, deck, front porches, and coin-op laundry. Approximately 50 feet adjoining a parking lot with driveway easement potential. CM2 zoning supports wellness, medical, professional office, retail, and more — with long-term redevelopment upside within the Prosper Portland Interstate Urban Renewal Area. Under one mile to University of Portland and New Seasons. Transit lines 75 and 35.
Details
Updated on May 15, 2026 at 9:56 pm-
MLS# 653794194
-
Price $725,000
-
Property Size 3892 Sqft
-
Land Area 0.1 Acres
-
Garage Size x x
-
Year Built 1909
-
Property Type MultiFamily
-
Property Status Active
-
Office Name Living Room Realty
-
Agent Name Jessica Burke
-
Office Phone 503-719-5588
Additional details
-
Listing Terms Cash, Contract, Conventional, FHA, VALoan
-
Roof Shingle
-
Sewer Public Sewer
-
Cooling Central Air, Window Unit
-
Heating Forced Air
-
County Multnomah
-
Property Type MultiFamily
-
Parking On Street
-
Elementary School Astor
-
Middle School Astor
-
High School Roosevelt
-
Community Features All Landscaping, Laundry
Walkscore
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
PMI
-
Monthly HOA Fees
Contact Information
Similar Listings
- SingleFamilyResidence, Residential
- $1,495,000
- $1,585,000
- SingleFamilyResidence, Residential
- $600,000
- Condominium, Residential
- $335,000
- $350,000
The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion.
IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified. 
