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Listed by Real Broker • marc@zempdevelopment.com
$ 725,000
Est. payment /mo
Pending
2120 NE 7TH AVE Portland, OR 97212
2,550 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $284
Subdivision Irvington
MLS Listing ID 254858238
Year Built 1979
Annual Tax Amount $10,059
Tax Year 2025
Lot Size 5,227 Sqft
Property Description
Don't miss this well maintained and thoughtfully cared-for triplex in the heart of Irvington, one of Portland's most iconic and desirable neighborhoods. Offering strong investment appeal and exceptional livability, this property boasts a Walk Score of 88 and a perfect Bike Score of 100, placing it minutes from shops, dining, parks and transit. Listed below appraised value for a tremendous investment opportunity. This townhouse-style, two-story triplex features three spacious 2 bedroom 1 bath units, all located on the upper level and set back from the street for added privacy. Each unit offers approximately 850 square feet and is equipped with highly efficient mini-split systems for heating and cooling, in unit washers and dryers, and dedicated off-street parking for each tenant. Mature landscaping with lush trees on the south side offers cool shade and additional peace of mind. Tenants enjoy a locked bicycle shed and each unit has a private patio area. With long-term ownership, a history of low vacancy and a prime central location, this is a rare opportunity to acquire a character-rich income property in one of Portland's most walkable and bikeable communities. Please make all offers subject to interior inspection and do not disturb tenants.
Location
State OR
County Multnomah
Area _142
Zoning RM1
Rooms
Basement Crawl Space
Interior
Heating Mini Split
Cooling Mini Split
Exterior
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Irvington
Middle Schools Harriet Tubman
High Schools Grant
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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