Located in the highly sought after sub-market of NW Portland & nestled on a quiet residential street, providing a peaceful setting, but just steps away from all the amenities NW 23rd Ave, Nob Hill, & Pearl District offer. Comprised of 1BR/1BA & 2BR/1BA apts, each tenant is provided with a dedicated off-street parking space. Units are large and present an investor with a value-add opportunity through further renovation & bringing rents to market. Rare opportunity in the premiere NW neighborhood.
Multi-familyProperty Type
1968Year Built
$267Price/Sq.Ft.
Listed by Phillip Barry• Joseph Bernard LLC
Bought with Jerry Wallach• Premiere Property Group, LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
7
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1968
Sq. Ft.
3,477
Year built
1968
Style
Other
County
Multnomah County
APN
R111147
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM1
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Property details
Parking
Parking Information
Parking Features: Assigned
Interior
Virtual Tour Information
Has Virtual Tour Unbranded: Yes
Appliances
Hot Water Description: Electricity
Interior Features
Basement: Crawl Space
Exterior
Exterior Features
Roof: Composition
Exterior Description: T-111 Siding
Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Parcel Number: R111147
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Existing
View YN: No
Building Information
Year Built: 1968
Building Area Total: 3,477
Financial
Tax Information
Tax Year: 2019
Tax Legal Description: BALCHS ADD, BLOCK 319, LOT 3
Tax Annual Amount: $10,633.19
Rent Information
Rent Includes: Sewer, Trash Collection, Water
Lease / Rent Information
CAP Rate: 4.51
Gross Rent Multiplier: 13.46
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Baseboard
Cooling YN: No
Location
Multi Unit Information
# Of Units Total: 5
Unit Information
Unit Type: 1, 2
Unit Type 1 Information
Actual Rent: $1,122
Area: 500
Baths Total: 1
Beds Total: 1
Features: Range, Wood Floors
Units Total: 3
Unit Type 2 Information
Actual Rent: $1,425
Area: 800
BathsTotal: 1
Beds Total: 2
Features: Range, Wood Floors
Units Total: 2
School Information
Elementary School: Chapman
Middle Or Junior School: West Sylvan
High School: Lincoln
Location Information
Directions: NW Savier St/NW 25th Ave
Unparsed Address: 2521 NW SAVIER ST, Portland, OR 97210
Community Information
Zoning: R2
Public facts
Beds: 7
Baths: 5.0
Sq. Ft.: 3,477
Stories: 2.0
Lot Size: 5,000 square feet
Style: Other
Year Built: 1968
Year Renovated: 1968
County: Multnomah County
APN: R111147
Home facts updated by county records on Jul 15, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Chapman Elementary School
Public K-5 • Assigned • 0.2mi
5/10
West Sylvan Middle School
Public 6-8 • Assigned • 3.5mi
6/10
Lincoln High School
Public 9-12 • Assigned • 1.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
8 days above 92° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97210
Average low and high temperatures (°F)
47
36
50
38
57
43
65
45
71
51
77
55
82
59
84
62
77
58
63
48
53
44
50
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Work with an experienced agent and save on fees. 3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.