Listing provided courtesy of Northwest Realty Source- MLS# 484529939MLS ProviderContact Information: [email protected]

7661 N Vancouver AVEPortland, OR 97217

Multi-Family · 1,680 Sq. ft. | 0.12 Acres
$465,000 Active

7661 N Vancouver AVE Overview

Time on Site:
33 days
Visits:
0

Welcome to this well maintained single-level duplex nestled in North Portland's desirable North Piedmont neighborhood. Each of the two units offers a comfortable 2-bedroom, 1-bathroom layout thoughtfully updated for modern living. Both units have been tastefully upgraded with vinyl windows, luxury vinyl flooring, and remodeled kitchens and bathrooms ,delivering a move-in ready experience for tenants. Fresh exterior paint rounds out a property that has been carefully cared for throughout. Currently self-managed with month-to-month tenancies, this investment presents a compelling value-add opportunity with rents priced below market, offering immediate upside potential for the savvy investor. Each unit includes in-unit laundry hookups and dedicated off-street parking, with space for up to four vehicles. Ideally situated near parks, shopping, public transportation, and with easy freeway access, this property combines convenience with lasting appeal. Both units are currently occupied, please respect tenants and do not disturb. Don't miss out on this great opportunity!

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7661 N Vancouver AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,680
  • Price/Sq.ft. $277
  • Lot 0.12 Acres

Details

General

School Information

  • Elementary School: Woodlawn
  • Middle Or Junior School: Ockley Green
  • High School: Jefferson

Income/Expenses

  • Gross Income: 30000.0
  • Net Operating Income: 22661.0
  • Operating Expense: 8739.0

Building Information

  • Year Built: 1971

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 141 - Portland North
  • Subdivision Name: PEIDMONT

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 4843.34
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R209445
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: RM1

Interior

Building Interior

  • Building Area Total: 1680.0

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard
  • Security Features: Security Lights
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway,Off Street
  • Parking Total: 4.0

Lot Information

  • Lot Features: Level,Sloped
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

7661 N Vancouver AVE Neighborhood

Community

97217 (Portland) Demographics

37
Median Age
1,915
Population Density (per sq. mile)
62%
College Educated
$88,017
Estimated Median Income
8,644
Estimated Total Home Owners
6,194
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7661 N Vancouver AVE Market Data

Based on the last 30 days in this zip code

$436,098
Average List Price
$291
Average Price per Square Foot
63
Properties Sold
97
Average Days on Market
234
Properties for Sale
Calculations provided by Reliance Network

7661 N Vancouver AVE History

Date Event Value Agent
5/28/2026Source: Regional MLS Added to Database
May 28, 2026