$1,519,900
OPEN SAT 10AM - 12PM NEW CONSTRUCTION

7387 N Mobile Ave Portland, OR 97217

Arbor Lodge Neighborhood

Estimated payment $9,475/month

Total Views 92
6 Beds
9 Baths
4,274 Sq Ft
$356 Price per Sq Ft

Highlights

  • New Construction
  • View of Trees or Woods
  • Board and Batten Siding
  • Chief Joseph Elementary School Rated 9+
  • Mini Split Air Conditioners
  • 5-minute walk to Gammans Park

About This Home

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.

Listing Agent

Darryl Bodle

Keller Williams Realty Portland Premiere Brokerage Phone: 503-709-4632 License #199910100 Listed on: 10/14/2025

Keller Williams Realty Portland Premiere

Co-Listing Agent

Kelly Christian

Keller Williams Realty Portland Premiere Brokerage Phone: 503-709-4632 License #201231606

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Board and Batten Siding
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,274 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 9 Bathrooms

Schools

  • Chief Joseph Elementary School
  • Ockley Green Middle School
  • Jefferson High School

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Electric Water Heater

Community Details

  • 4 Units
  • Arbor Lodge Subdivision

Listing and Financial Details

  • Assessor Parcel Number New Construction

Property Details

Home Type

Multi-Family

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2025
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Open House: Yes
  • Special Features: 4099
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Total Bedrooms: 6
  • Lot Size Range: SqFt0Kto2999

Exterior Features

  • Exterior Description: BoardBattenSiding,CementSiding,LapSiding
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Chief Joseph
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: RM2
  • Parcel #: New Construction

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2025 10/14/25 For Sale $1,519,900 -- $356 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 678898068

Regional Multiple Listing Service (RMLS)
Oregon Multnomah County Portland 97217 Arbor Lodge

7387 N Mobile Ave, Portland, OR

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Regional Multiple Listing Service (RMLS) 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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Darryl Bodle
Listing Agent
Darryl Bodle
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Keller Williams Realty Portland Premiere
(503) 300-4024