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$705,000
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Property Description
Don't miss this well maintained and thoughtfully cared-for triplex in the heart of Irvington, one of Portland's most iconic and desirable neighborhoods. Offering strong investment appeal and exceptional livability, this property boasts a Walk Score of 88 and a perfect Bike Score of 100, placing it minutes from shops, dining, parks and transit. Listed below appraised value for a tremendous investment opportunity. This townhouse-style, two-story triplex features three spacious 2 bedroom 1 bath units, all located on the upper level and set back from the street for added privacy. Each unit offers approximately 850 square feet and is equipped with highly efficient mini-split systems for heating and cooling, in unit washers and dryers, and dedicated off-street parking for each tenant. Mature landscaping with lush trees on the south side offers cool shade and additional peace of mind. Tenants enjoy a locked bicycle shed and each unit has a private patio area. With long-term ownership, a history of low vacancy and a prime central location, this is a rare opportunity to acquire a character-rich income property in one of Portland's most walkable and bikeable communities. Please make all offers subject to interior inspection and do not disturb tenants.
Full Property Details
Full Property Details for 2120 NE 7th Ave
General
- Sold For: $705,000
- Taxes: $10,059 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 254858238
- Added to Site: 122 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Parking
- Total Spaces: 3
- Parking Features: Off Street
Location
- County: Multnomah
- Subdivision: Irvington
- Driving Directions: NE Broadway to NE 7th Ave
School Information
- Midd School District: Harriet Tubman
- Elementary School: Irvington
- Middle School: Harriet Tubman
- High School: Grant
Community
- Community Name: 142 - Portland Northeast
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Mini Split
- Heating Type: Mini Split
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Crawl Space
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 2,550
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size: 5, 000 to 6, 999 SqFt
- Frontage: Paved
Financial Considerations
- Operating Expenses: $13,337
- Tax Amount: $10,059.62
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: R301279
Listed by Real Broker (855) 450-0442, Marc Zemp (503) 501-6925
Sold by Opt (503) 908-4908, Brian Spear
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Schools
Schools serving 2120 NE 7th Ave
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Irvington Elementary School 1320 Northeast Brazee Street, Portland, OR 97212 | K-5 | 0.3 mi |
Harriet Tubman Middle School 2231 North Flint Avenue, Portland, OR 97227 | 6-8 | 0.5 mi |
Grant High School 2245 Northeast 36th Avenue, Portland, OR 97212 | 9-12 | 1.5 mi |
Jefferson High School, Portland, OR 5210 North Kerby Avenue, Portland, OR 97217 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2120 NE 7th Ave
Date
Details
Price
Change
Source
4/17/2026
Sold
$705,000
-2.76%
MLS
1/17/2026
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2120 NE 7th Ave, Portland, OR 97212 (MLS# 254858238) is a Multi-Family property that was sold at $705,000 on April 17, 2026. Want to learn more about 2120 NE 7th Ave? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

