NEW! Buy and sell safely with virtual options - Learn More
About the Listing ROOM01 - BURKEJES
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.
Listing Highlights
Status
Active
Days on Site
19
Property Type
Multi-Family
MLS ®
653794194
Year Built
1909
Total Square Footage
3,892
Lot/Acreage
0.1
County
Multnomah
Neighborhood
Portsmouth/University Park
Area
141 - Portland North
Elementary School
Astor
Middle School
Astor
High School
Roosevelt
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central Air,Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Daylight,Exterior Entry,Storage Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: On Busline,Trees
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 50' x 85'
- Zoning: CM2
- Roof: Shingle
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $6,899
- Taxes w/Assessments: N/A
- Tax/Property ID: R248754
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
7521 N Gloucester Ave N Portland, OR 97203
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
