North Tabor, a neighborhood in Portland, Oregon, offers a unique blend of residential charm and urban accessibility, with potential opportunities for multi-family home buyers seeking investment properties. The area, located in Multnomah County, features a variety of housing types, although single-family homes dominate the landscape. The neighborhood's development history, influenced by early 20th-century streetcar lines, contributes to its architectural diversity, including mid-century moderns and colorful Victorians. While specific multi-family units are less prevalent, the recent listing for a fully entitled 5-unit multifamily development site on NE Flanders indicates potential growth in this sector. The neighborhood's average home sale price has decreased by 15% over the last year, reflecting broader market trends. North Tabor is served by well-regarded schools such as Glencoe Elementary and Mt. Tabor Middle School, making it appealing for families. The community's proximity to downtown Portland via Interstate 84, along with access to parks like Mt. Tabor Park, enhances its appeal for those seeking a balance between city life and outdoor recreation.
