7521 N Gloucester Ave N

Portland, OR 97203
  • $650,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 3,892

    SqFt
  • 0.1

    Acre

About the Listing ROOM01 - BURKEJES

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.

Listing Highlights for 7521 N Gloucester Ave N

Status Active
Days on Site 156
Property Type Multi-Family
MLS ® 653794194
Year Built 1909
Total Square Footage 3,892
Lot/Acreage 0.1
County Multnomah
Elementary School Astor
Middle School Astor
High School Roosevelt

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Central Air,Window Unit(s)
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Basement: Daylight,Exterior Entry,Storage Space
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: On Busline,Trees
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 50' x 85'
  • Zoning: CM2
  • Roof: Shingle
  • Others: Updated/Remodeled
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $6,899
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R248754
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

7521 N Gloucester Ave N Portland, OR 97203

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Originating MLS: Regional Multiple Listing Service, Inc.

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