2120 NE 7TH AVE, Portland, OR 97212

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Sold Price
$705,000
List Price
$725,000
Closing Date
Apr 17, 2026
Days on Market
90
MLS#
254858238
Property Type
Multifamily
Sqft. of Residence
2,550
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland Northeast
Status
SOLD

Property Description

Don’t miss this well maintained and thoughtfully cared-for triplex in the heart of Irvington, one of Portland’s most iconic and desirable neighborhoods. Offering strong investment appeal and exceptional livability, this property boasts a Walk Score of 88 and a perfect Bike Score of 100, placing it minutes from shops, dining, parks and transit. Listed below appraised value for a tremendous investment opportunity. This townhouse-style, two-story triplex features three spacious 2 bedroom 1 bath units, all located on the upper level and set back from the street for added privacy. Each unit offers approximately 850 square feet and is equipped with highly efficient mini-split systems for heating and cooling, in unit washers and dryers, and dedicated off-street parking for each tenant. Mature landscaping with lush trees on the south side offers cool shade and additional peace of mind. Tenants enjoy a locked bicycle shed and each unit has a private patio area. With long-term ownership, a history of low vacancy and a prime central location, this is a rare opportunity to acquire a character-rich income property in one of Portland’s most walkable and bikeable communities. Please make all offers subject to interior inspection and do not disturb tenants.

Additional Information

Tax Amount
$10,059
Year Built
1979
High School
Grant
Elementary School
Irvington
Middle School
Harriet Tubman
Acres
0.12
Living Area
2,550
Stories
2
Subdivision
Irvington
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
Mini Split
Fuel Description
Electricity
Heating Description
Mini Split
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Aluminum
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Off Street
Parking Description
Off Street
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1650
Unit Type One Sq Ft
850
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1675
Unit Type Three Sq Ft
850
Unit Type Three Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Real Broker. Selling Office: Opt.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.