PORTSMOUTH/UNIVERSITY PARK Real Estate

Welcome to Portsmouth/University Park, a vibrant and welcoming subdivision nestled in the heart of Portland, Oregon, within the picturesque Multnomah County. This charming neighborhood seamlessly blends the allure of suburban living with the excitement of urban amenities, making it an ideal place for families, young professionals, and retirees alike.

Portsmouth/University Park is known for its diverse community, rich history, and beautiful surroundings. The area boasts an array of parks and green spaces, including the expansive University Park, which features walking trails, playgrounds, and picnic spots perfect for weekend gatherings or leisurely strolls. The nearby Columbia River offers stunning views and recreational opportunities, from kayaking to cycling along the scenic waterfront.

The neighborhood is conveniently located near Portland’s renowned public transportation system, providing easy access to downtown and other key areas of the city. Residents enjoy a variety of local shops, cafes, and restaurants, fostering a strong sense of community. The presence of educational institutions, including the esteemed University of Portland, adds to the area’s appeal, making it a hub for learning and growth.

Real estate in Portsmouth/University Park features a mix of charming single-family homes, modern townhouses, and cozy apartments, catering to diverse lifestyles and budgets. Whether you’re looking for a quaint starter home or a spacious residence, this neighborhood offers a variety of options to suit your needs.

Discover the unique charm of Portsmouth/University Park, where community spirit meets the beauty of nature, and vibrant city life is just a stone's throw away. Your dream home awaits in this delightful Portland enclave!

Newest Listings in PORTSMOUTH/UNIVERSITY PARK

$599,900

4 Beds ⋅ 2 Baths ⋅ 339290072 MLS

This 1907 classic has all the charm + none of the old house headaches. Remodeled + revamped from the inside out, this home offers peace of mind with modern systems, including: updated electrical, plumbing, sewer, added insulation, double-pane vinyl windows, plus a brand-new gas furnace + water heater. Nearly everything has been updated within the last 10 years or sooner, so you can spend your weekends enjoying your new home instead of working on it! High ceilings + windows in every direction fill the main floor with natural light. The open-concept layout includes a proper entryway, updated kitchen with quartz counters, stainless appliances + ample cabinetry, plus convenient main-level laundry. Two bedrooms (both with fantastic closets) + a full bath on the main floor, plus two more bedrooms (closets for days up here too) + another full bath upstairs. But the real draw is the detached, oversized dream shop/garage with tall ceilings, 100-amp power + room for all of your projects, hobbies + gear. An unfinished basement provides even more storage, so the shop stays clear for actual projects, not storage. An extra-long, extra-wide driveway offers plenty of off-street parking + space for an RV, boat, or a basketball hoop. Outside, enjoy kiwi, apples, figs, blueberries, raspberries, multiple varieties of pears, herbs + other perennials. All this in Portsmouth, close to food carts, Living Room Wines, brewpubs, New Seasons Market, University of Portland + the beautiful Columbia Park. Also conveniently located between all the fun in St. Johns + Kenton, and great for commuters with nearby I-5. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251624]

7805 N HEREFORD AVE, Portland

$1,079,000

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

$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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