# 7521 N GLOUCESTER Ave N, Portland, OR 97203

> **TL;DR:** 5bd/3ba residential multi family, $725,000 ($186/sqft), built 1909, 3,892 sqft.
> A/C. Est. $3,142/mo. Listed 17 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $725,000 |
| Price/sqft | $186 |
| Bedrooms | 5 |
| Bathrooms | 3 full |
| Square Feet | 3,892 |
| Year Built | 1909 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 17 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,142 |
| **Total** | **$3,142** |

## Nearby Schools

- **Elementary:** Astor
- **Middle:** Astor
- **High:** Roosevelt

## Key Amenities

- A/C

## Property Highlights

- Built in 1909
- 0.10 acre lot
- 2 stories

## Description

### Agent Description
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.

## Location

- **Address:** 7521 N GLOUCESTER Ave N, Portland, OR 97203
- **County:** Multnomah
- **Neighborhood:** PORTSMOUTH/UNIVERSITY PARK
- **Coordinates:** 45.582684, -122.72329
- **Google Maps:** https://www.google.com/maps?q=45.582684,-122.72329

## Listing Agent

- **Name:** Jessica Burke
- **Brokerage:** Living Room Realty
- **Phone:** 9714049673
- **Email:** jessie@equitydevelopmentlab.com

## Primary Photo

![7521 N GLOUCESTER Ave N - Primary Photo](http://lh.rdcpix.com/859cbc818fb1e163cb853a27edf2a93bl-f573831135r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/7521-n-gloucester-ave-n-portland-or-97203-53794194)*

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**MLS#:** 653794194 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/7521-n-gloucester-ave-n-portland-or-97203-53794194)

---

## Structured Data

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  "name": "7521 N GLOUCESTER Ave N, Portland, OR 97203",
  "description": "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, refresh",
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