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Charming Multifamily Building Near Wallace Park

2475 Northwest Raleigh Street Portland, OR 97210

2475 Northwest Raleigh Street, Portland, OR, 97210
$1,295,000
For Sale
$1,295,000

Single-level multifamily property with excellent tenants and low utility costs.

Property Size400 SF
Price / SF$3,237
Days on Market104

Property Features for 2475 Northwest Raleigh Street

General Information

Standard status
Active
Size
400 SF
Property subtype
Multi Family

Building Details

Year Built
1941
Listing Agency Windermere Realty Trust
Listed by Reese Iris · License #200210121
Source Compass
Added: Apr 6 Checked: Jul 17 at 4:37 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Realty Trust


Investment Insights

Based on property information with market context.

This charming, single-level multifamily building is situated in an exceptional location with a walkability score of 10/10. The property features very low utility costs and wood floors throughout. Each unit has a great layout and a home-like feeling, contributing to the excellent tenants currently in place and a low turnover rate. Wallace Park is located across the street, and the property is within walking distance of restaurants, coffee shops, grocery stores, schools, and a hospital. The unfinished basement offers 1296 square feet with potential for additional storage units and more. Zoned R2, the property may allow for up to 3+ stories. The property size is 400 square feet.

Key Highlights

  • Exceptional location with a perfect 10/10 walkability score, across from Wallace Park, and close to amenities.
  • Unfinished 1296 sq ft basement offers development potential.
  • Zoned R2, potentially allowing for up to 3+ stories.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

HVAC Service Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Supermarket Mobile Phone Store Locksmith Grocery & Convenience Store Clothing & Fashion Store

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

FAQs

What type of property is this?
Multifamily property - Single-level multifamily property with excellent tenants and low utility costs.
Where is this multifamily property located?
The property is located at 2475 Northwest Raleigh Street Portland, OR.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Exceptional location with a perfect 10/10 walkability score, across from Wallace Park, and close to amenities.; Unfinished 1296 sq ft basement offers development potential.; Zoned R2, potentially allowing for up to 3+ stories.
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