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About This Home
This 5-bedroom, 3-bathroom residential multi family at 7521 N GLOUCESTER Ave N in Portland, OR is listed for $725,000 ($186 per sqft). Built in 1909, the home offers 3,892 sqft of living space on a 0.10 acres lot.
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 floo
rs, 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.
Key Features
- Built in 1909
- 0.10 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$3,877/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7521 N GLOUCESTER Ave N
Portland, OR 97203
PORTSMOUTH/UNIVERSITY PARK
Property Details
Heating
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 7521 N GLOUCESTER Ave N is listed at $725,000 ($186/sqft). The estimated monthly payment is $3,142 based on 20% down at 6.5% interest.
Key features include: Built in 1909, 0.10 acre lot, 2 stories.
This property is listed by Jessica Burke and can be reached at 9714049673 or jessie@equitydevelopmentlab.com.








