7521 N GLOUCESTER AVE N Portland, OR 97203
Price:
$725,000
Units:
3
Acres:
0.1
Unit 1:
1 Bed 1.0 Bath $1,155/mo
Features: Deck, Fireplace, Hardwood Floors, Window Coverings
Unit 2:
2 Bed 1.0 Bath $1,520/mo
Features: Deck, Hardwood Floors, Storage, Window Coverings
Unit 3:
2 Bed 1.0 Bath $1,600/mo
Features: Air Conditioning, Refrigerator, Storage, Window Coverings
MLS#:
653794194
Lot Size:
3,000 to 4,999 SqFt
Type:
Multi
Zone:
CM2
Yr Built:
1909
Taxe/yr:
$6,899.49
County:
Multnomah
Status:
Active
Levels:
2
Heat:
Forced Air
Nhood/Bldg:
PORTSMOUTH/UNIVERSITY PARK
View:
Trees/Woods
Elem:
Astor
Middle:
Astor
High:
Roosevelt
Lot Desc:
On Busline, Trees
Area:
Portland North
Courtesy of:
Living Room Realty
Remarks:
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.
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