Discover this 4 plex in the heart of vibrant North Portland, offering a perfect blend of investment potential and owner-occupant flexibility. Nestled in a thriving neighborhood with easy access to local amenities, parks, dining, public transit and near University of Portland. This property is an ideal opportunity for investors or those looking to live in one unit while renting out the others. Each unit features 2 large bedrooms and 1 full bath. Three units are currently rented w/ reliable tenants, generating steady cash flow. Your chance to own a versatile income-producing property in one of Portland’s most dynamic neighborhoods!
Active
$824,900
7537 N Heppner Ave, Portland, OR 97203
8beds
3,132sqft
Est.:
Multi Family
Built in 1970
-- sqft lot
$-- Zestimate®
$263/sqft
$-- HOA
What's special
- 57 days |
- 472 |
- 36 |
Zillow last checked: 8 hours ago
Listing updated: November 05, 2025 at 08:30am
Listed by:
Adam Shepard neportland@johnlscott.com,
John L. Scott Portland Central
Source: RMLS (OR),MLS#: 378914688
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Storage
- Basement: Partial,Storage Space
Interior area
- Total structure area: 3,132
- Total interior livable area: 3,132 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off Street
Features
- Stories: 2
Lot
- Size: 7,840.8 Square Feet
- Features: SqFt 7000 to 9999
Details
- Parcel number: R227553
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $263/sqft
- Annual tax amount: $8,506
- Date on market: 10/14/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 6200
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2025 | Listed for sale | $824,900$263/sqft |
Source:  RMLS (OR) #378914688 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$4,927/mo
Principal & interest
$3985
Property taxes
$653
Home insurance
$289
Climate risks
Neighborhood: St.Johns
Nearby schools
GreatSchools rating
- 5/10James John Elementary SchoolGrades: K-5Distance: 0.8 mi
- 5/10George Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Roosevelt High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: James John
- Middle: George
- High: Roosevelt
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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