7207 N CHICAGO AVE, Portland, OR 97203 | MLS #380628513 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of Realty First- MLS# 380628513MLS ProviderContact Information: 503-708-0250

7207 N CHICAGO AVEPortland, OR 97203

Multi-Family
$585,000 Active

7207 N CHICAGO AVE Overview

Time on Site:
72 days
Visits:
1

Historic Victorian on large lot zoned RM2. Tons of possibilities. Buyer to do due diligence with city and county. Basement may not conform , Buyer to verify. Property currently used as a duplex. Hi Ceiling, Hardwoods, 2 large kitchens. Great investment opportunity close to shopping , Resturants , University of Portland college. Investors dream! Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10245964

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7207 N CHICAGO AVE Facts & Features

  • Type Multi-Family

Details

General

School Information

  • Elementary School: James John
  • Middle Or Junior School: George
  • High School: Roosevelt

Income/Expenses

  • Gross Income: 33000.0
  • Net Operating Income: 29000.0
  • Operating Expense: 0

Building Information

  • Year Built: 1890

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 141 - Portland North
  • Subdivision Name: CATHEDRAL PARK

Rent/Lease Information

  • Rent Includes: Sewer,Water

Tax Information

  • Tax Annual Amount: 8713.43
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R191966
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: RM2

Interior

General Information

  • Heating: Forced Air
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Features: Corner Lot
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

7207 N CHICAGO AVE Neighborhood

Community

97203 (PORTLAND) Demographics

32
Median Age
3,309
Population Density (per sq. mile)
52%
College Educated
$67,229
Estimated Median Income
7,360
Estimated Total Home Owners
5,445
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7207 N CHICAGO AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7207 N CHICAGO AVE Market Data

Based on the last 30 days in this zip code

$441,913
Average List Price
$309
Average Price per Square Foot
38
Properties Sold
92
Average Days on Market
137
Properties for Sale
Calculations provided by Reliance Network

7207 N CHICAGO AVE History

Date Event Value Agent
5/22/2026Source: Regional MLS Status Change
Active
5/9/2026Source: Regional MLS Status Change
Pending
4/27/2026Source: Regional MLS Price Reduction
$585,000 -6.4%
4/18/2026Source: Regional MLS Added to Database
April 18, 2026