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$817,000
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Property Description
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 $4,545 monthly. The vacant and fully remodeled fourth unit with new flooring, cabinets, countertops, and bathroom could increase that to $6,480 ($77,760 annually) . 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
Full Property Details for 7555 N Portsmouth Ave
General
- Sold For: $817,000
- Taxes: $10,132 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 185951818
- Added to Site: 169 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
- Midd School District: Astor
- 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
- Disclosures/Reports: Disclosure
- Property ID: R248738
Listed by Real Broker (855) 450-0442, Marc Zemp (503) 501-6925
Sold by MORE Realty (503) 353-6673, David Waite
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Schools
Schools serving 7555 N Portsmouth Ave
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Astor Elementary School, Portland, OR 5601 North Yale Street, Portland, OR 97203 | K-8 | 0.4 mi |
Roosevelt High School, Portland, OR 6941 North Central Street, Portland, OR 97203 | 9-12 | 0.9 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
Date
Details
Price
Change
Source
9/09/2026
Sold
$817,000
-0.97%
MLS
6/19/2026
Price Reduced
$825,000
-2.83%
MLS
5/18/2026
Price Reduced
$849,000
-5.56%
MLS
4/23/2026
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7555 N Portsmouth Ave, Portland, OR 97203 (MLS# 185951818) is a Multi-Family property that was sold at $817,000 on September 09, 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.

