7521 N GLOUCESTER N AVE, Portland, OR 97203
- $650,000
- 3,892
- SqFt
Listing courtesy of Living Room Realty.
- List Price
- $650,000
- Status
- ACTIVE
- MLS#
- 653794194
- Price Change
- ▼ $49,999 1785182419
- Days on Market
- 74
- Finished SqFt
- 3,892
- Lot Size (sq ft)
- 4,356
Property 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.
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Additional Information
- List Date
- 2026-05-15 00:00:00
- Community
- PORTSMOUTH/UNIVERSITY PARK
- Stories
- 2
- Potential Terms
- Cash, Contract, Conventional, FHA, VA Loan
- Year Built
- 1909
- View
- Trees/Woods
- Elementary School
- Astor
- Middle School
- Astor
- High School
- Roosevelt
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