Listed price in listed location currency (USD).
$699,999

000

MLS® 653794194

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $6,899
Days Active 41
Lot Size 
Approx. Age 1909
MLS® Number 653794194

Property Address: 7521 N Gloucester Ave, Portland, OR, 97203-5940

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number653794194
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1909
BasementDaylight, Exterior Entry, Storage Space
DrivewayOn Street
Garage Spaces
HeatForced Air
A/CCentral Air, Window Unit

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 15, 2026List Date
$699,999List Price
  • Commute

Commute

Starting Address
Destination Address
7521 N Gloucester Ave, Portland, OR

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties