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$899,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
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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 unit with new flooring, cabinets, countertops, and bathroom could increase that to $6,680. This is a lovely spot to call home with sunrooms for top floor tenants and sunny patios on the lower level. All residents enjoy shared garden space, laundry, and plenty of tenant parking. Delightful Portsmouth location near parks, New Seasons, Fred Meyer, and a vibrant mix of coffee shops, restaurants, and bars!

Full Property Details for 7555 N Portsmouth Ave

General

  • Price: $899,000
  • Taxes: $10,132 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 185951818
  • Updated: 4/24/2026
  • Added to Site: 5 day(s) ago

Rental Information

  • Rent Includes: Sewer, Trash Collection, Water

Parking

  • Total Spaces: 4
  • Parking Features: Off Street, Paved

Location

  • County: Multnomah
  • Subdivision: St Johns
  • Driving Directions: N Lombard to N Portsmouth

School Information

  • Elementary School: Astor
  • Middle School: Astor
  • High School: Roosevelt

Community

  • Community Name: 141 - Portland North

Heating & Cooling

  • Heating Type: Zoned
  • 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: 3,576
  • Year Built: 1970
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,969
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Lot Dimensions: 6750
  • Frontage: Paved

Financial Considerations

  • Operating Expenses: $21,857
  • Tax Amount: $10,132.88
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: PORTSMOUTH VILLA EXTD, BLOCK E, LOT 4
  • Disclosures/Reports: Disclosure
  • Property ID: R248738

Listed by Real Broker (855) 450-0442, Marc Zemp (503) 501-6925

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Listing agent

— 7555 N Portsmouth Ave —

  • Marc Zemp

    Real Broker

    855-450-0442

marc@zempdevelopment.com

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 7555 N Portsmouth Ave

School District:Portland School District 1j
NameGradesDistance
Astor Elementary School, Portland, OR
5601 North Yale Street, Portland, OR 97203
K-80.4 mi
Roosevelt High School, Portland, OR
6941 North Central Street, Portland, OR 97203
9-120.9 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 7555 N Portsmouth Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/23/2026
Listed
$899,000
146.3%
MLS
11/21/2013
Sold
$365,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7555 N Portsmouth Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,133
4%
$376,060
3%
2024
$9,769
4%
$365,110
3%
2023
$9,393
4%
$354,480
6%
2021
$9,034
-2%
$334,140
-3%
2022
$9,190
2%
$344,160
6%
2021
$9,034
10%
$324,410
3%
2019
$8,230
6%
$314,970
3%
2018
$7,748
4%
$305,800
3%
2017
$7,426
9%
$296,900
3%
2016
$6,796
3%
$288,260
3%
2015
$6,618
19%
$279,870
1%
2014
$5,542
27%
$277,800
8%
2013
$4,363
—
$257,420
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Real Broker (855) 450-0442, Marc Zemp (503) 501-6925

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7555 N Portsmouth Ave, Portland, OR 97203 (MLS# 185951818) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 7555 N Portsmouth Ave is currently listed for $899,000 and was received on April 23, 2026. Want to learn more about 7555 N Portsmouth 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.

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