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Victorian Duplex with Large Lot
For Sale
$539,000

7207 N CHICAGO Ave, Portland, OR 97203

MultiFamily, Portland, OR

Property SizeContact for details
Days on Market154

Property Features for 7207 N CHICAGO Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM2
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Subdivision CATHEDRAL PARK
Elementary school James John
Middle school George
High school Roosevelt
Directions N Chicago Between Ivanhoe & Syracuse
Standard status Active
APN R191966

Taxes and HOA fees

Tax Description JAMES JOHNS ADD, BLOCK 35, LOT 1
Tax Annual Amount 8713
Legal Description JAMES JOHNS ADD, BLOCK 35, LOT 1

Utilities

Heating system Forced Air

Building Details

Year built 1890
Floors in Building 2
Number of units 2
Roof type Composition
Listing Agency: Realty First
Listed By: Mark Pitassi
Added: Apr 18 Changed: Sep 18 Last Checked: Sep 18 at 9:06AM
MLS# 380628513

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.

Investment Insights

Based on property information with market context.

Built in 1890, this Victorian property is currently used as a duplex and sits on a large lot. Interior features include high ceilings, hardwood floors, two large kitchens, two bedrooms, and two bathrooms. Forced-air heating and a composition roof are also present. The basement may not conform, and buyers should verify applicable conditions and requirements through their own due diligence.

The property is located at 7207 N CHICAGO Ave in Portland, near shopping and restaurants and approximately 5 minutes from the University of Portland. RM2 zoning provides the applicable land-use framework for further review. The reported Home Energy Score is 2.

Key Highlights

  • Current duplex use with two large kitchens
  • RM2 zoning on a large lot
  • Victorian property built in 1890

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Parking Lot & Garage Nail Salon HVAC Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

888
Businesses Nearby

Demographics for 97203, OR

33,763
Population
13,462
Households
2.5
Avg Household Size
34
Median Age
45%
College-Educated
90%
High-School Grad
10.8 sq mi
ZIP Area
3,126
Density / Sq Mi
$77,619
Median Household Income
$46,152
Median Earnings
$1,551
Median Rent
$468,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Currently configured as a duplex with two large kitchens and RM2 zoning.
Where is this duplex located?
The property is located at 7207 N CHICAGO Ave Portland, OR.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Current duplex use with two large kitchens; RM2 zoning on a large lot; Victorian property built in 1890
More about this property
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