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Single-Level Multifamily Building

2475 NW RALEIGH St, Portland, OR 97210

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For Sale

$1,295,000

MULTI_FAMILY - Portland, OR

Lot size:

0.11 Acres

HighLights

Zoned R2—listing notes potential for up to 3+ stories
Unfinished basement with 1,296 sq ft, offering additional storage and expansion possibilities
Wood floors throughout
Forced‑air heating and window unit(s) cooling
Single‑level building built in 1941 with a composition roof
Wallace Park is across the street

We can help!

Listing Contact

Reese Iris

For Sale

$1,295,000

MULTI_FAMILY - Portland, OR

Lot size:

0.11 Acres

Added:: Apr 6, 2026
Days on Market:: 73
Last Refresh:: Jun 17 at 7:06 am

Property Features for 2475 NW RALEIGH St

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R2
Bedrooms: 1
Bathrooms: 2
Rooms: Bathroom 2, Bathroom 1, Bedroom 1
Standard status: Active
APN: R171386
Lot size: 0.11 Acres

Taxes and HOA fees

Tax Description: GOLDSMITHS ADD, BLOCK 8, LOT 15 EXC E 6 OF S 50'
Tax Annual Amount: 10254

Utilities

Heating system: Forced Air
Cooling system: Window Unit(s)

Building Details

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

We can help!

Listing Contact

Reese Iris

Listing agent Reese Iris License #200210121

Listing office Windermere Realty Trust 2045 NE Martin Luther King Blvd, Portland, OR

Listing date Apr 6, 2026

MLS# 185985486 Listing URL

Copyright © 2026 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.

HighLights

Zoned R2—listing notes potential for up to 3+ stories
Unfinished basement with 1,296 sq ft, offering additional storage and expansion possibilities
Wood floors throughout
Forced‑air heating and window unit(s) cooling
Single‑level building built in 1941 with a composition roof
Wallace Park is across the street

Overview

This single-level multifamily building offers a residential layout with wood floors throughout. The property includes multiple units with a “home-like” feel, and an unfinished basement area of 1,296 square feet that may support additional storage uses. Zoning is R2, which may allow additional height development, subject to applicable approvals.

The property is located at 2475 NW Raleigh St in Portland, Oregon, within Multnomah County. Wallace Park is across the street, and the surrounding area is described as walkable to restaurants, coffee, shops, grocery stores, schools, and a hospital.

For buyers seeking an easier-to-operate residential income property, the listing notes strong in-place tenancy with low turnover and an emphasis on being “easy to rent.” Interior viewing of the units is subject to an accepted offer, and prospective buyers are directed to contact the listing agent for additional information.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.702418
Latitude: 45.534219

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For sale
Apartment buildings
OR
Portland
97210
2475 NW RALEIGH St

What type of property is this?

Apartment building - Wood-floored apartments in a single-level layout with an unfinished basement for additional storage options.

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 $1,295,000.

What are key features of this property?

This property features: Zoned R2—listing notes potential for up to 3+ stories; Unfinished basement with 1,296 sq ft, offering additional storage and expansion possibilities; Wood floors throughout

2475 NW RALEIGH St, Portland, OR 97210

MULTI_FAMILY - Portland, OR

Property Features for 2475 NW RALEIGH St

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Community

Single-Level Fourplex with Garages

Detached Cottage Multifamily Portfolio

Modern 4-Unit Residential Property

New Construction Cottage Portfolio

New Multifamily Investment by Park

Versatile Commercial Property with Warehouse

1907 Duplex with Separate Entrances

Mixed-Use Development Fixer

Rose City Park Multifamily Investment

New Cottage Homes in Beaumont-Wilshire

Four-Unit Residential Income Property

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