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Single-Level Multifamily Building
New
For Sale
$1,295,000

2475 NW RALEIGH ST, Portland, OR 97210

The property includes an unfinished basement and wood flooring throughout.

Property SizeContact for details
Days on Market7

Property Features for 2475 NW RALEIGH ST

General Information

Standard status Active
Property subtype Land
Zoning R2

Building Details

Buildings 1
Stories 1
Listing Agency: Windermere Realty Trust
Listed By: Reese Iris · License #200210121
Source: Belroserealtors
Added: Oct 1 Changed: Oct 4 Last Checked: Oct 5 at 6:13PM

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.

Built in 1941, this single-level multifamily property has wood floors throughout and an unfinished basement measuring 1,296 square feet. Tenants are in place, and interior access to the units is subject to an accepted offer.

The property is zoned R2 and is located across the street from Wallace Park. Restaurants, coffee shops, retail, grocery stores, schools, and a hospital are within walking distance, and the property is on a bus line.

Key Highlights

  • 1,296‑square‑foot unfinished basement
  • Single‑level building with wood floors throughout
  • R2 zoning

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Daycare Center (Bike/Boat/Book/etc) Store Supermarket Mobile Phone Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,489
Businesses Nearby

Demographics for 97210, OR

13,016
Population
7,910
Households
1.6
Avg Household Size
38
Median Age
76%
College-Educated
97%
High-School Grad
8.9 sq mi
ZIP Area
1,462
Density / Sq Mi
$87,942
Median Household Income
$66,429
Median Earnings
$1,577
Median Rent
$991,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - The property includes an unfinished basement and wood flooring throughout.
Where is this multifamily property located?
The property is located at 2475 NW RALEIGH ST Portland, OR.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 1,296‑square‑foot unfinished basement; Single‑level building with wood floors throughout; R2 zoning
More about this property
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