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Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$1,519,900
Est. payment /mo
4,274 SqFt
Open Sat 10AM-12PM
7387 N Mobile AVE Portland, OR 97217
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Open House
Sat Nov 01, 10:00am - 12:00pm
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,274 sqft
Price per Sqft $355
Subdivision Arbor Lodge
MLS Listing ID 678898068
Year Built 2025
Property Description
Investor Opportunity: This attached 4-plex property at 7385 N Mobile Ave offers multiple income streams under one roof in a high-demand North Portland neighborhood. Each unit is individually metered for convenience, there are no HOA fees, and the property is fee simple, giving you full ownership and control. All units are move-in ready, making tenant turnover easy and minimizing downtime between leases. Low vacancy risk, shared site costs, and simple management make this an ideal owner-operator or portfolio addition. Nearby amenities make it highly tenant-friendly, including popular dining and bars like Casa Zoraya and Tulip Shop Tavern, coffee shops, and easy access to Peninsula Park. Walkable streets, bike-friendly routes, and transit access add to tenant appeal. This 4-plex provides immediate cash flow with long-term upside in a growing Portland submarket.
Location
State OR
County Multnomah
Area _141
Zoning RM2
Rooms
Basement Crawl Space
Interior
Heating Mini Split
Cooling Mini Split
Exterior
View Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Chief Joseph
Middle Schools Ockley Green
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional, VALoan
Listing Terms Cash, Conventional, VALoan
Virtual Tour https://www.youtube.com/watch?v=kz46-nwTUJI
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