Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2475 NW Raleigh St Portland, OR 97210

    New
    For Sale
    $1,349,000

    MULTI_FAMILY - Portland, OR

    Property size:
    4,218 SF
    Lot size:
    0.11 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 2475 NW Raleigh St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2
    Rooms
    Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2
    Bedrooms
    2
    APN
    R171386
    Size
    4,218 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1941
    Floors in Building
    1
    Number of units
    6
    Roof type
    Composition

    Windermere Realty Trust (503) 220-1144 [email protected]

    Listing agent Reese Iris (503) 284-7755

    Listing date Dec 3, 2025

    MLS# 139468306 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Portland Multifamily Building Near Park

    This multifamily property is a charming, single-level building with wood floors throughout. Each unit features a layout that provides a home-like feeling. The property benefits from very low utility costs and excellent tenants are in place, contributing to an easy rental process and low turnover rate. An unfinished basement offers 1296 square feet with potential for additional storage units. The property is zoned R2, which may allow for up to 3-4 stories. Located in Portland, Oregon, the property has a walkability score of 10/10. Wallace Park is located across the street. The location provides convenient access to restaurants, coffee shops, grocery stores, schools, and a hospital. The lot size is 0.11 acres and the property size is 4218 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Hair Salon Spa & Massage Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.702418
    Latitude
    45.534219

    Nearby Similar for Sale

    • $3,600,000
      4.51 Acres

      Forested Acres with Rental Units

      Unique investment opportunity near downtown Portland with high revenue potential.
      8720 SW Katherine Ln, Portland, OR 97225
      View Details
    • New
      $989,000
      0.08 Acres

      Innovative Duplex in Portland, Oregon

      Versatile duplex with potential for multi-generational living or rental income.
      16505 NW Liberty St, Portland, OR 97229
      View Details
    • New
      $370,000
      1,109 SF

      Renovated Loft in Pearl District

      Stunning, remodeled loft with commercial potential in prime location.
      1314 NW Irving St, Portland, OR 97209
      View Details
    • $1,075,000
      3,007 SF

      Office/Medical Building on Beaverton-Hillsdale Highway

      Well-maintained office/medical building in prime location with development opportunities.
      7303 SW Beaverton Hillsdale Hwy, Portland, OR 97225
      View Details
    • $1,475,000
      5,899 SF

      Turn-Key Multifamily Investment Opportunity

      Well-maintained, income-generating property in desirable Mill Park neighborhood.
      2448 SE 117Th Ave, Portland, OR 97216
      View Details
    • $690,000
      0.11 Acres

      Richmond Duplex: Investment Opportunity

      Charming 1912 duplex in the heart of Richmond.
      3504 SE Sherman St, Portland, OR 97214
      View Details

    FAQs

    What type of property is this?
    Apartment building - Charming multifamily property in an exceptional, walkable location near Wallace Park.
    Where is this apartment building located?
    The property is located at 2475 NW Raleigh St Portland, OR.
    What is the asking price?
    The asking price for this property is $1,349,000.
    What are key features of this property?
    This property features: - Exceptional location with a walkability score of 10/10, close to amenities.; - Unfinished basement with 1296 sq ft offering development potential, zoned R2.; - Low utility costs and easy to rent with excellent tenants.
    (503) 284-7755
    Request Owner's contact information
    2475 NW Raleigh St Portland, OR 97210
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2475 NW Raleigh St
    Portland, OR 97210
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2475 NW Raleigh St Portland, OR 97210
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.