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    7537 N Heppner Ave Portland, OR 97203

    For Sale
    $824,900

    MULTI_FAMILY - Portland, OR

    Property size:
    3,132 SF
    Lot size:
    0.18 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 7537 N Heppner Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RM1
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 1
    Bedrooms
    2
    APN
    R227553
    Size
    3,132 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1970
    Floors in Building
    2
    Number of units
    4

    John L. Scott (503) 230-8600 [email protected]

    Listing agent Adam Shepard (503) 230-8600

    Listing date Nov 5, 2025

    MLS# 378914688 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 Fourplex in Thriving Neighborhood

    This fourplex is located in North Portland, offering investment potential and flexibility for owner-occupancy. The property is situated in a thriving neighborhood with access to amenities, parks, dining, and public transit, and is near the University of Portland. Each unit includes 2 bedrooms and 1 full bath. Three units are currently rented with tenants, generating cash flow. The property size is 3132 square feet, situated on a lot of 0.18 acres. The zoning is RM1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.737279
    Latitude
    45.587394

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    FAQs

    What type of property is this?
    Quadplex - Fourplex in North Portland with investment and owner-occupant potential.
    Where is this quadplex located?
    The property is located at 7537 N Heppner Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $824,900.
    What are key features of this property?
    This property features: - Income-producing 4-plex in North Portland.; - Three units currently rented with reliable tenants, generating cash flow.; - Ideal for investors or owner-occupants.
    (503) 230-8600
    Request Owner's contact information
    7537 N Heppner Ave Portland, OR 97203
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    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
    7537 N Heppner Ave Portland, OR 97203
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