PORTSMOUTH/UNIVERSITY PARK Real Estate

PORTSMOUTH/UNIVERSITY PARK Real Estate

Welcome to Portsmouth/University Park, a hidden gem nestled in the vibrant city of Portland, Oregon. This charming subdivision, located in Multnomah County, is an inviting blend of community spirit and urban convenience, making it an ideal place for families, professionals, and retirees alike.

Portsmouth/University Park is characterized by its tree-lined streets, friendly neighbors, and a rich tapestry of local amenities. Residents enjoy the best of both worlds, with the tranquility of suburban living paired with the dynamic energy of Portland just a stone's throw away. The area is home to a variety of parks, including the sprawling University Park, which offers ample green space for picnics, jogging, and outdoor activities.

The subdivision is also conveniently located near the University of Portland, fostering a lively atmosphere filled with cultural events, educational opportunities, and a youthful vibe. You'll find a diverse selection of local shops, cafes, and restaurants that reflect the area’s unique character, perfect for those who appreciate a thriving local economy.

Accessibility is a key highlight of Portsmouth/University Park, with easy access to public transportation and major highways, allowing for effortless commutes to downtown Portland and beyond.

Whether you’re looking to settle down in a cozy home or seeking a vibrant community to explore, Portsmouth/University Park offers a warm welcome and an exceptional quality of life. Come discover the charm and convenience of this delightful Portland neighborhood—your new home awaits!

Newest Listings in PORTSMOUTH/UNIVERSITY PARK

4745 N AMHERST ST, Portland
$999,000
450186994 MLS
Exceptional income-producing multi-family opportunity in one of Portland's most desirable near-campus neighborhoods. This duplex sits in the charming University Park/Portsmouth area, just minutes from the University of Portland. It's perfectly positioned to attract strong student & professional tenant demand with excellent capitalization potential.Built in 1942, Unit 1 has a total of 1933 sq ft, 5 beds/2 baths and timeless character throughout. Original coved ceilings, oak hardwood flooring, fireplace, arched doorways, period fixtures and built-ins add to the charm! All new kitchen appliances and a quaint breakfast nook. The laundry area is located in the basement.Built in 2014, Unit 2 has a total of 1820 sq ft, 6 beds/2 baths, this unit provides modern living with updated granite counters & maple cabinetry in the kitchen and bathrooms. Large open living/kitchen area with plenty of space for large groups. Upper-level laundry for added convenience. In addition, this duplex has a newer roof and vinyl windows and is close to everyday amenities, including parks, transit, shops & restaurants. Whether you're an investor seeking reliable returns, or a buyer looking for a solid multi-family asset, this duplex delivers both timeless appeal and an investment with great cashflow and cap rate potential.

4745 N AMHERST ST, Portland
7521 N GLOUCESTER N AVE, Portland
$650,000
653794194 MLS
Rare CM2 mixed-use triplex in North Portland — all three units leased and cash-flowing from day one. This converted farmhouse offers a turnkey investment with genuine commercial flexibility in a zoning classification that's increasingly scarce.Unit 1: 1BR | hardwood floors, wood-burning fireplace, updated kitchen and bathUnit 2: 2BR | hardwood floors, built-ins, remodeled kitchen and bath with penny tile, clawfoot tub, and original hardwareUnit 3: 2BR + bonus room | new carpet, new HVAC, refreshed kitchen — ideal for residential, office, or commercial use at lease endEvery unit has basement storage. Shared backyard, deck, front porches, and coin-op laundry. Approximately 50 feet adjoining a parking lot with driveway easement potential. CM2 zoning supports wellness, medical, professional office, retail, and more — with long-term redevelopment upside within the Prosper Portland Interstate Urban Renewal Area. Under one mile to University of Portland and New Seasons. Transit lines 75 and 35.

7521 N GLOUCESTER N AVE, Portland
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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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