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Listing provided courtesy of Windermere Realty Trust- MLS# 185985486MLS ProviderContact Information: 503-539-1143

2475 NW RALEIGH STPortland, OR 97210

Multi-Family · 0.11 Acres
$1,295,000 Active

2475 NW RALEIGH ST Overview

Time on Site:
84 days
Visits:
1

Seller financing available:Call Agent for more info. Exceptional location! Walkability 10/10. Very low utility costs. Charming, single-level building. Each unit has a great layout and a home-like feeling. Wood floors throughout. Excellent tenants in place. Easy to rent. Low turnover rate. Wallace Park is across the street. Walk to restaurants, coffee, shops, grocery stores, schools and hospital. Unfinished basement with 1296 sq ft w/ much potential for additional storage units and more! Zoned R2 - may allow up to 3+ stories. Please do not disturb tenants. Interior viewing of units is subject to accepted offer. Sellers are licensed OR real estate brokers. Listing Agent is a member of LLC ownership of this property. Call Listing Agent for more info.

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2475 NW RALEIGH ST Facts & Features

  • Type Multi-Family
  • Lot 0.11 Acres

Details

General

School Information

  • Elementary School: Chapman
  • Middle Or Junior School: West Sylvan
  • High School: Lincoln

Income/Expenses

  • Gross Income: 90900.0
  • Gross Scheduled Income: 91200.0
  • Net Operating Income: 67900.0
  • Operating Expense: 23000.0

Building Information

  • Year Built: 1941

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 148 - Portland NW/ SW/ S, Raleigh Hills

Rent/Lease Information

  • Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 10254.31
  • Tax Year: 2025

General Information

  • Listing Terms: Assumable,Cash,Conventional,Owner Will Carry
  • Parcel Number: R171386
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: R2

Interior

General Information

  • Basement: Full Basement,Unfinished
  • Cooling: Window Unit(s)
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Security Features: Security Lights
  • Stories: 1

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Features: Level,On Busline
  • Lot Size Acres: 0.11
  • Lot Size Square Feet: 4791.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 6
  • Sewer: Public Sewer

2475 NW RALEIGH ST Neighborhood

Community

97210 (PORTLAND) Demographics

34
Median Age
1,377
Population Density (per sq. mile)
80%
College Educated
$79,097
Estimated Median Income
2,319
Estimated Total Home Owners
4,006
Estimated Total Renters
37% / 63%
Estimated Owner / Renter Divide
2
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.

2475 NW RALEIGH ST 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.

2475 NW RALEIGH ST Market Data

Based on the last 30 days in this zip code

$970,581
Average List Price
$412
Average Price per Square Foot
10
Properties Sold
110
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

2475 NW RALEIGH ST History

Date Event Value Agent
4/6/2026Source: Regional MLS Added to Database
April 06, 2026