USAORPortlandMontavilla7015 Ne Glisan St
Listing image | Image 1

7015 Ne Glisan St, Portland, OR

House

For Sale

Listed price in listed location currency (USD).
$610,000

006

MLS® 478813794

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $5,592
Days Active 3
Lot Size 0.23 Acres
Approx. Age 1953
MLS® Number 478813794

Property Address: 7015 Ne Glisan St, Portland, OR, 97213-5517

Average square foot calculated using Size range provided by listing agent.

Description

7015–7017 NE Glisan Street, the “70th Glisan Plex, ” is a pair of garden-style duplexes offering four 2-bedroom units on a 0.23-acre CM-2-zoned corner lot in Southeast Portland. Each unit is approximately 854 square feet with in-unit laundry and full appliance packages, and the property is currently 100% occupied with long-term tenants, supporting a stabilized income stream and a concluded “as-is” leased-fee value of $610, 000.Recent operating statements show consistent collections and strong net operating income from scheduled rents around $4, 995 per month in 2026, with historical performance in 2024–2025 in a similar band despite one-time repairs and capital items. The buildings are considered Class C in average overall condition, with six paved off-street parking spaces and typical utilities, in a walkable location near transit, retail, and employment centers within the Southeast Portland multifamily submarket. Investors benefit from legally conforming CM-2 commercial/mixed-use zoning that allows a range of future uses—including additional multifamily or mixed-use redevelopment—while the current four-unit configuration continues to cash flow in a low-vacancy, rent-growth market.
MLS® Number478813794
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1953
BasementUnfinished
DrivewayOpen, Paved
Garage Spaces
HeatForced Air
A/CWindow Unit

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 14, 2026List Date
$610,000List Price
  • Commute

Commute

Starting Address
Destination Address
7015 Ne Glisan St, Portland, OR

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