7107 N Albina Ave Unit 7115 Portland, OR 97217
Piedmont NeighborhoodEstimated payment $3,817/month
Highlights
- Private Lot
- Storage
- Forced Air Heating System
- Woodlawn Elementary School Rated 9+
- Property is near a bus stop
- High Speed Internet
About This Home
Investment opportunity awaits in the heart of Portland's Piedmont district! This well-maintained duplex features two units, perfect for owner-occupiers looking to offset their mortgage or savvy investors seeking reliable rental income. The main unit offers a comfortable 4-bedroom, 2-bathroom layout with 2 wood burning fireplaces, hardwood floors and updated kitchen, while the secondary unit provides a desirable 2-bedroom, 1-bathroom configuration. Live comfortably in one unit while generating passive income from the other, or capitalize on the strong rental demand in this prime location. Enjoy the convenience of Piedmont's amenities and vibrant community. Important: Please respect the privacy of the tenants in unit 7117 and do not disturb them. Don't miss this chance to own an income-producing property in a fantastic Portland neighborhood.
Listing Agent
Keller Williams Capital City Brokerage Phone: 971-804-2532 License #201215354 Listed on: 04/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,929
Year Built
- Built in 1954
Lot Details
- Private Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Storage
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Parking
- Driveway
- On-Street Parking
Location
- Property is near a bus stop
Schools
- Woodlawn Elementary School
- Ockley Green Middle School
- Jefferson High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number R225594
Community Details
Overview
- 2 Units
- Piedmont/Albina Subdivision
Building Details
- Operating Expense $5,088
- Gross Income $57,000
- Net Operating Income $51,912
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,929 | $184,210 | -- | -- |
| 2023 | $4,929 | $178,850 | $0 | $0 |
| 2022 | $4,637 | $173,650 | $0 | $0 |
| 2021 | $4,558 | $168,600 | $0 | $0 |
| 2020 | $4,182 | $163,690 | $0 | $0 |
| 2019 | $4,028 | $158,930 | $0 | $0 |
| 2018 | $3,910 | $154,310 | $0 | $0 |
| 2017 | $3,747 | $149,820 | $0 | $0 |
| 2016 | $3,430 | $145,460 | $0 | $0 |
| 2015 | $3,340 | $141,230 | $0 | $0 |
| 2014 | $3,289 | $137,120 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2025 08/30/25 | Price Changed | $644,950 | -0.8% | $228 / Sq Ft |
| 07/11/2025 07/11/25 | Price Changed | $649,950 | -5.1% | $230 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $685,000 | -2.0% | $242 / Sq Ft |
| 04/30/2025 04/30/25 | Price Changed | $699,000 | -5.4% | $247 / Sq Ft |
| 04/10/2025 04/10/25 | For Sale | $739,000 | +111.1% | $261 / Sq Ft |
| 01/17/2014 01/17/14 | Sold | $350,000 | -10.3% | $124 / Sq Ft |
| 12/13/2013 12/13/13 | Pending | -- | -- | -- |
| 04/19/2013 04/19/13 | For Sale | $390,000 | -- | $138 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | Nextitle | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $125,000 | Ticor Title Insurance |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $168,000 | Credit Line Revolving | |
| Previous Owner | $95,000 | Seller Take Back |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 277125376
APN: R225594
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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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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