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Four-Unit Multifamily Property
For Sale
Contact for pricing
Pending

3227 NE 7th Ave, Portland, OR 97212

Four one-bedroom units feature hardwood floors, original tile, and multiple entrances, plus an unfinished basement with laundry.

Property SizeContact for details
Days on Market115

Property Features for 3227 NE 7th Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 4

Amenities

hardwood floors
original tile work
spacious floor plans
multiple entrances
laundry
garage parking
additional storage
Listing Agency: HFO Investment Real Estate
Listed By: Adam Smith · License #OR 201221968
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Aug 1 at 5:09PM

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 HFO Investment Real Estate

Investment Insights

Based on property information with market context.

This four-unit multifamily property includes four large one-bedroom units. The units feature hardwood floors, original tile work, and spacious floor plans, with multiple entrances for each unit.

A full unfinished basement is included and offers laundry space. The property also provides garage parking and additional storage for residents.

With the combination of in-unit features and shared basement amenities, the building supports straightforward residential income use within its existing configuration.

Key Highlights

  • Four one‑bedroom units in the historic Eliot neighborhood of Portland
  • Units feature hardwood floors and original tile work
  • Spacious floor plans with multiple entrances for each unit

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Home Appliance Store Pet Grooming Service Accounting Firm

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,636
Businesses Nearby

Demographics for 97212, OR

26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
Median Home Value

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 - Four one-bedroom units feature hardwood floors, original tile, and multiple entrances, plus an unfinished basement with laundry.
Where is this multifamily property located?
The property is located at 3227 NE 7th Ave Portland, OR.
What are key features of this property?
This property features: Four one‑bedroom units in the historic Eliot neighborhood of Portland; Units feature hardwood floors and original tile work; Spacious floor plans with multiple entrances for each unit
More about this property
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