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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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7521 N Gloucester Ave N , Portland, OR 97203
$699,999
Est. Payment: $3,519.71/mo
5 Bed
3 Bath
3892 Sqft
Status: active | Days on site: 17
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Jessica Burke , 971-404-9673 Living Room Realty , 503-719-5588. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.1

Year Built

1909

County

Multnomah

Area

141 - Portland North

Neighborhood

Portsmouth/University Park

Listing ID

653794194

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:3
  • Full Bathrooms:3
Air Cond:Central Air,Window Unit(s)
Fireplaces:
Basement:Daylight,Exterior Entry,Storage Space
Other:Public Water

Exterior Features

Lot:On Busline,Trees
Lot Dimensions:50' x 85'
Garage Capacity:0
Zoning:CM2
Roof:Shingle
Others:Updated/Remodeled
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$3,520
Taxes
$575

Home Price

$699,999

Loan Details

30 yrs
6.446%

Down Payment

20%
$140,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,519.71

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,519.71 $574.96 $0.00 $4,094.67
Yearly $42,236.54 $6,899.49 $0.00 $49,136.03
Total $1,267,096.32 $206,984.70 $0.00 $1,474,081.02

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 2026-07-24T05:14:11.000Z

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