2120 NE 7th Ave

Portland, OR 97212

$725,000
Price
—
Beds
—
Baths
2,550 Sq. Ft.
$284 / Sq. Ft.
2,550
Sq. Ft.
$284
per Sq. Ft.
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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,...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.
  1. Listed by Marc Zemp • Keller Williams Sunset Corridor • 503-501-6925

Property Details for 2120 Northeast 7th Avenue

Subdivision
Irvington
Parking Features
Off Street
Zoning
RM1
Parking Total
3.00
LISTING UPDATED: 03/05/2026 12:12 AM

Property Details for 2120 Northeast 7th Avenue

StatusActive
MLS #363373174
Days on Market47
Taxes$10,060 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1979
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County
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Location

Listing Courtesy of Keller Williams Sunset Corridor
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Building Information for 2120 Northeast 7th Avenue

Stories2Residences3Year Built1979Building Size-Lot Size0.12 AC / 5,227 SF

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$4,372 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,534

Property Taxes

$838

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2120 Northeast 7th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: NE Broadway to NE 7th Ave
  • Road Surface: Paved
School Information
  • Elementary School: Irvington
  • High School: Grant
  • Middle Or Junior School: Harriet Tubman
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $10,059.62
  • Parcel Number: R301279
  • Tax Other Annual Assessment Amount: $.00
  • Tax Legal Description: WEST IRVINGTON, BLOCK 119, LOT 13
Property
Lot Information
  • Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 1979
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Electricity
  • Heating Description: Mini Split
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $61,200.00
  • Gross Income Projected: $61,200.00
  • Gross Rent Multiplier: $11.85
  • Investor Information: According To Owner, Leases
  • Net Income Actual: $47,863.00
  • Net Income Projected: 47863
  • Operating Expenses Projected: $13,337.00
  • Operating Expense: $13,337.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 2550
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Air Conditioning, Fireplace, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,650
  • Unit Type 1 SqFt: 850.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Air Conditioning, Fireplace, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,775
  • Unit Type 2 SqFt: 850.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Air Conditioning, Fireplace, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,675
  • Unit Type 3 SqFt: 850.0
  • Unit Type 3 Units Total: 1

Public Records for 2120 Northeast 7th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2010$3,420 ($285 / month)
Home Facts
Total Finished SqFt2,560 SqFtAbove Grade Finished SqFt2,560 SqFtLot Size5,000 SqFtYear Built1979ZoningR1CountyMULTNOMAHAPNR893602630Fireplace TypeStacked

Schools near 2120 Northeast 7th Avenue

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Irvington Elementary School
Public - K to 5
Harriet Tubman Middle School
Public - 6 to 8
Jefferson High School
Public - 9 to 12
Benson Polytechnic High School
Public - 9 to 12
Rating
School
Distance
Irvington Elementary School
PublicK to 5

Harriet Tubman Middle School
Public6 to 8

Jefferson High School
Public9 to 12

Benson Polytechnic High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2120 Northeast 7th Avenue, Portland, OR 97212

2120 Northeast 7th Avenue is a multi-family home for sale in Portland, OR 97212. This property was listed for sale on January 17, 2026 by Keller Williams Sunset Corridor, it's currently listed at $725,000. This listing's school district is Portland School District 1j. Nearby schools include Irvington Elementary School, Harriet Tubman Middle School and Jefferson High School. 2120 Northeast 7th Avenue is a 0-bed, 0-bath, 2,550 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Sunset Corridor

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 03/05/2026 12:12 AM