$725000

Price cut: $25K (06-04-2025)

4 Bed
2 Bath
2404 SqFt
68 DOM
Built: 1925
Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

Versatile space, boundless possibilities! This solid, move-in ready mixed-use property offers a prime opportunity for residential, commercial or investment purposes. The 864 sq. ft. garage/shop, built in 1989, has room for three vehicles, a workshop area, a loft for storage, and is outfitted with 220V-240V 1PH single phase power. There are four more off street parking spaces, ideal for a business or multi-vehicle household. The house is legally a duplex, zoned CM2, and has been used over the years both as a home and as various businesses, including automotive, sales, massage, and more. The main home has three bedrooms and one full bathroom, as well as a spacious living/dining room, and a full kitchen with eating area. There are hardwood floors under the current flooring in the living and dining room, and the two bedrooms on the main floor. Upstairs, there is a large open bedroom with a walk-in closet and extra flex space. The lower unit, renovated in 1992, has one bedroom and one full bathroom and is currently rented to a residential tenant. If desired, the house could easily be restored to a single family home by unlocking one connected door. Recent updates include a new main water line to the house and replacement of column bases in front. The roof was installed in 2013 and is a 30-year roof. Invest in your future: whether a personal residence or profitable business, this property delivers! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236879]

Listing Provided Courtesy of Kate Uva, Redfin

General Information

MLS #798533969
Type
Days on Market 68 DOM
Beds4
Lot Size
Baths2
SqFt2404
Year built1925
ZoningCM2
CountyMultnomah
Tax IDR249436
ElemBridger
MiddleHarrison Park
HighFranklin 5/10
PropCategoryMultiFamily
PropType
Neighborhood (Legal)POWELL ST ADD, BLOCK 11, LOT 14

Listing Provided Courtesy of Kate Uva, Redfin

Krishna Realty data last checked: Jun 30, 2025 06:23 | Listing last modified Jun 04, 2025 12:45, Source:

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Residence Information

Upper SqFt
Main SqFt
Lower SqFt
Total SqFt2404
SFSrc
TotUp/Mn
Fireplaces
Bdrms4
Full Bath
Partial Bath
Total Bath2
RoofComposition
Garage3,
Style
ParkingGarage,OffStreet
Levels3
Year Built1925
Green CertYes
Energy Eff
ExteriorWoodSiding
Bsmt/FndExteriorEntry,Finished,SeparateLivingQuartersApartmentAuxLivingUnit
RV
URM
BasementExteriorEntry,Finish
FoundationConcretePerimeter
Windows
Amenities

Features and Utilities

Living
Kitchen
Interior
Exterior
Accessibility
CoolCentralAir
WaterElectricity
HeatForcedAir
SewerPublicSewer
Hot WaterElectricity
FuelElectricity

Financial

PTax/Yr6210.19
HOA0
HOA InclSewer,Water
HOA Fee
Other Dues
Terms ConsideredCash,Conventional,FHA,VALoan
List Date03-28-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 68
CDOM 94
Sold Date
TermsCash,Conventional,FHA,VALoan
Original Price$750,000
List Price$725,000
Sold Price
Last ModifiedJun 04, 2025 12:45

Schools

Elementary : Bridger N/A Ratings

Middle : Harrison Park N/A Ratings

public High : Franklin 5/10 Ratings

Map

Listing courtesy of Redfin.

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 © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Jun 30, 2025 06:23 | Listing last modified Jun 04, 2025 12:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

7421 SE POWELL BLVD