OR > Portland > Arbor Lodge
Portland, OR 97217,7387 N Mobile AVE
Portland, OR 97217,7387 N Mobile AVE
Portland, OR 97217,7387 N Mobile AVE
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Mike Farrell

Mike Farrell

+1(360) 910-1926
Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$1,509,900
Est. payment /mo
4,274 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,274 sqft

Price per Sqft $353

Subdivision Arbor Lodge

MLS Listing ID 678898068

Year Built 2025

Lot Size 3,484 Sqft

Property Description

Investor Opportunity: This attached 4-plex property at 7385 N Mobile Ave offers multiple income streams under one roof in a high-demand North Portland neighborhood. Each unit is individually metered for convenience, there are no HOA fees, and the property is fee simple, giving you full ownership and control. All units are move-in ready, making tenant turnover easy and minimizing downtime between leases. Low vacancy risk, shared site costs, and simple management make this an ideal owner-operator or portfolio addition. Nearby amenities make it highly tenant-friendly, including popular dining and bars like Casa Zoraya and Tulip Shop Tavern, coffee shops, and easy access to Peninsula Park. Walkable streets, bike-friendly routes, and transit access add to tenant appeal. This 4-plex provides immediate cash flow with long-term upside in a growing Portland submarket.

Location

State OR

County Multnomah

Area _141

Zoning RM2

Rooms

Basement Crawl Space

Interior

Heating Mini Split

Cooling Mini Split

Exterior

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Chief Joseph

Middle Schools Ockley Green

High Schools Jefferson

Others

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

Virtual Tour https://www.youtube.com/watch?v=kz46-nwTUJI

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Regional Multiple Listing Service (RMLS)
Mike Farrell

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(360) 910-1926

mikehomecenter@gmail.com

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7387 N Mobile AVE