7521 N Gloucester Ave N, Portland, OR 97203

Portland
Local realty services provided by:Columbia River Realty ERA Powered
7521 N Gloucester Ave N,Portland, OR 97203
$725,000
  • - Beds
  • - Baths
  • 3,892 sq. ft.
  • Multi-family
  • Active
Listed by: jessica burke
Office: living room realty503-719-5588
MLS#:653794194
Source:PORTLAND

Price summary

  • Price:$725,000
  • Price per sq. ft.:$186.28

About this home

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...

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Home facts

  • Year built:1909
  • Listing ID #:653794194
  • Added:1 day(s) ago
  • Updated:May 15, 2026 at 10:37 PM

Rooms and interior

  • Basement Description:Daylight, Exterior Entry, Storage Space
  • Living area:3,892 sq. ft.

Heating and cooling

  • Cooling:Central Air, Window Unit
  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1909
  • Building area:3,892 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:On Busline, Trees
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Roosevelt
  • Middle school:Astor
  • Elementary school:Astor

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$725,000
  • Price per sq. ft.:$186.28
  • Tax amount:$6,899 (2025)

Parking

  • Parking description:On street
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