7015 NE Glisan St, Portland, OR 97213
Local realty services provided by:ERA Freeman & Associates, Realtors
7015 NE Glisan St,Portland, OR 97213
$610,000
- - Beds
- - Baths
- 3,416 sq. ft.
- Multi-family
- Active
Listed by: lee davies, bradley harper
Office: eleete real estate503-292-1500
MLS#:478813794
Source:PORTLAND
Price summary
- Price:$610,000
- Price per sq. ft.:$178.57
About this home
7015–7017 NE Glisan Street, the “70th Glisan Plex,” is a pair of garden-style duplexes offering four 2-bedroom units on a 0.23-acre CM-2-zoned corner lot in Southeast Portland. Each unit is approximately 854 square feet with in-unit laundry and full appliance packages, and the property is currently 100% occupied with long-term tenants, supporting a stabilized income stream and a concluded “as-is” leased-fee value of $610,000.Recent operating statements show consistent collections and strong net operating income from scheduled rents around $4,995 per month in 2026, with historical performance in 2024–2025 in a similar band despite one-time repairs and capital items. The buildings are considered Class C in average overall condition, with six paved off-street parking spaces and typical utilities, in a walkable location near transit, retail, and employment centers within the Southeast Portland multifamily submarket. Investors benefit from legally conforming CM-2 commercial/mixed-use zoning that allows a range of future uses—including additional multifamily or mixed-use redevelopment—while the current four-unit configuration continues to cash flow in a low-vacancy, rent-growth market....
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Home facts
- Year built:1953
- Subdivision & Development:MONTAVILLA
- Listing ID #:478813794
- Added:1 day(s) ago
- Updated:August 15, 2026 at 12:24 AM
Rooms and interior
- Basement Description:Unfinished
- Living area:3,416 sq. ft.
Heating and cooling
- Cooling:Window Unit
- Heating:Forced Air
Structure and exterior
- Roof:Composition, Shingle
- Year built:1953
- Building area:3,416 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Level, Public Road
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Leodis McDaniel
- Middle school:Harrison Park
- Elementary school:Vestal
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$610,000
- Price per sq. ft.:$178.57
- Tax amount:$5,592 (2025)
Parking
- Total parking spaces:6
- Parking description:Open, Paved
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