- For Sale $1,500,000
- Property Type Multi-Family
- Property Size 4,211 SF
- Units 7
- Lot Size 0.11 Acre
- Year Built 1909
- Date Updated Jul 23, 2026
Description
Situated in the historic Irvington neighborhood of Northeast Portland, just north of Broadway with quick access to downtown, the Lloyd District, Legacy Emanuel Medical Center, and transit corridors.Norris & Stevens, Inc., as the exclusive listing agent, is pleased to present Irvington Seven, a seven-unit
multifamily investment opportunity located at 1804 NE 14th Avenue and 1407 NE Schuyler Street,
Portland, OR 97212, in the heart of Portland's highly desirable Irvington neighborhood. Originally
constructed in 1909, this historic property has been thoughtfully maintained and enhanced through
numerous interior and exterior renovations, blending classic architectural character with modern tenant
appeal. The property is fully occupied and professionally managed, offering investors immediate,
stabilized cash flow in one of Portland's most sought-after residential submarkets.
Irvington Seven consists of seven well-appointed apartment homes situated on a prominent corner lot
within a neighborhood known for its historic charm, walkability, and enduring demand. The property's
extensive updates have helped preserve its historic integrity while improving functionality and livability
for today's renters, positioning the asset to continue attracting quality tenants.
The Irvington neighborhood is widely recognized as one of Portland's premier residential districts,
featuring tree-lined streets, distinctive period architecture, and a strong sense of community. Residents
enjoy convenient access to the vibrant retail, dining, and entertainment destinations along Broadway,
Fremont Street, and the Lloyd District, as well as excellent connectivity to downtown Portland and
major employment centers. The neighborhood's timeless appeal, strong renter demographics, and
limited multifamily inventory continue to support long-term demand and value appreciation.
Irvington Seven presents a rare opportunity to acquire a stabilized, character-rich multifamily asset
in one of Portland's most established and desirable neighborhoods. With professional management
already in place, a history of thoughtful improvements, and a premier Irvington location, the property
offers an attractive combination of current income and long-term investment potential.
Highlights
- Historic Character with Modern Updates – Originally built in 1909 and extensively renovated throughout, offering a blend of classic architecture and contemporary living.
- Long-Term Appreciation Potential – Located in an established neighborhood with enduring appeal, strong demographics, and a history of value growth.
- Premier Irvington Location – Situated in one of Portland's most desirable and historically significant neighborhoods with strong long-term renter demand.
- Professionally Managed Asset – Experienced management in place provides operational efficiency and a seamless transition for new ownership.
- Stabilized Cash Flow – Fully occupied seven-unit property with an established operating history and immediate income stream.
- Strong Rental Market Fundamentals – Irvington's limited multifamily inventory, high barriers to entry, and desirable location support sustained occupancy.
- Walkable Urban Amenities – Convenient access to NE Broadway, Fremont Street, the Lloyd District, public transit, restaurants, shopping, and major employment centers.
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Contacts
Raymond Duchek
Norris & Stevens
Location
Located at 1804 NE 14th Avenue and 1407 NE Schuyler Street, Portland, OR 97212, this property is part of the Irvington neighborhood and Portland market.
Contact Listing Broker
Raymond Duchek
Norris & Stevens