7555 N PORTSMOUTH AVE

Portland, OR 97203

$899,000

Incredible investment opportunity to own this updated North Portland four-plex near University of Portland. Conventional financing as owner-occupied available. Each unit has two bedrooms and one bathroom over roughly 800-900 square feet. Three of the units are already rented at a combined $4,730 monthly. The vacant and fully remodeled fourth… Read MoreRead Less

Listing courtesy of Real Broker.

Listing Snapshot

Days Online

Last Updated

May 15, 2026

Square Ft.

3,576

Lot Size

0.16 Acres

Year Built

1970

MLS Number

185951818

30 Days Snapshot Of 97203

$465k

-4%

(avg) sold price

+2%

homes sold

-40%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Basement

Basement: CrawlSpace

Building

Building Area Total: 3576, Built in 1970, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4

Community

Community Features: Laundry

Disclosures

Disclosures: Disclosure

Expenses

Operating Expense Scheduled: 21857, Operating Expense: $21,857

Exterior Features

Exterior Description: CementSiding, WoodSiding

Heating

Heating: Zoned

Income

CAP Rate: 3.88, Gross Income: $56,760, Gross Rent Multiplier: 15.84, Gross Scheduled Income: $77,760, Net Operating Income: $34,903, Net Scheduled Income: 55903

Lot

Size Acres: 0.16, Size Dimensions: 6750, Size Range: SqFt7000to9999, Size Square Feet: 6,969, Size: 7,000 to 9,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner

Parking

Features: OffStreet, Paved, 4 total parking spots

Property

Number Of Units Total: 4, Property Condition: UpdatedRemodeled, Zoning: R-1

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $10,133, Legal Description, Tax Year: 2025

Unit One

Area: 800, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Two

Actual Rent: $1,595, Area: 800, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Three

Actual Rent: $1,560, Area: 900, Features: Deck, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Four

Actual Rent: $1,575, Area: 900, Features: Deck, Range, Refrigerator, Units Total: 1, 1 total bathroom, 2 total bedroom

Utilities

Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than eXp Realty, LLC are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on May 15, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on May 15, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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