Fantastic turnkey fourplex centrally located in NE Portland. Each unit features hard wood floors, timeless tile finishes, and charming craftsman built ins. In the basement, there is untapped potential with high ceilings and more space to finish. Collect extra income from the coin operated laundry and private storage units. Three garages included and plenty of off street parking. Great location, walking distance to Peninsula Park and New Seasons Market!
*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
Permits
Beds
4
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
7,500 Sq. Ft.
Year renovated
1944
Sq. Ft.
2,716
Year built
1944
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R199277
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM2
H
Residential Multi-Dwelling 2 zone
The RM2 zone is a medium-scale multi-dwelling zone that is generally applied in and around a variety of centers and corridors that are well-served by transit. Allowed housing is characterized by buildings of up to three or four stories with a higher percentage of building coverage than in the RM1 zone, while still providing opportunities for landscaping and outdoor spaces that integrate with residential neighborhood characteristics. The major types of new housing development will be a diverse range of multi-dwelling structures and other compact housing that contribute to the intended urban scale of centers and corridors, while providing transitions in scale and characteristics to lower-scale residential neighborhoods.
Zone overlays
Aircraft Landing Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Apr 13, 2026 • Active
Electrical
Electrical
Apr 10, 2026 • Active
Mechanical
Replace a furnace in the same location with no new penetrations.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Driveway, Open
Parking Total: 3
Garage Information
Garage Spaces: 3
Interior
Virtual Tour Information
Virtual Tour Type: Photo Slide Show
Has Virtual Tour Unbranded: Yes
Virtual Tour Type 2: Virtual
Has Virtual Tour Unbranded 2: Yes
Virtual Tour Type 3: Virtual
Has Virtual Tour Unbranded 3: Yes
Appliances
Hot Water Description: Electricity, Gas
Interior Features
Storage: Basement
Basement: Full Basement, Partially Finished
Multi Unit Information
# Of Units Total: 4
Unit Information
Unit Type: 1, 2, 3, 4
Unit Type 1 Information
Actual Rent: $1,350
Area: 750
Baths Total: 1
Beds Total: 1
Features: Hardwood Floors, Range, Refrigerator
Units Total: 1
Unit Type 2 Information
Actual Rent: $1,300
Area: 650
BathsTotal: 1
Beds Total: 1
Features: Hardwood Floors, Range, Refrigerator
Units Total: 1
Unit Type 3 Information
Actual Rent: $1,350
Area: 650
Baths Total: 1
Beds Total: 1
Features: Hardwood Floors, Range, Refrigerator
Units Total: 1
Unit Type 4 Information
Actual Rent: $1,500
Area: 666
Baths Total: 1
Beds Total: 1
Features: Hardwood Floors, Range, Refrigerator
Units Total: 1
Exterior
Exterior Features
Roof: Composition
Exterior Description: Wood Siding
Lot Information
Lot Size Square Feet: 7,405
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size Acres: 0.17
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Corner Lot
Parcel Number: R199277
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Approximately
View YN: No
Building Information
Year Built: 1944
Building Area Total: 2,716
Foundation Details: Concrete Perimeter
Financial
Tax Information
Tax Year: 2023
Tax Legal Description: KIRKMAR, BLOCK 2, LOT 10 EXC N 50' & EXC PT IN ST, LOT 11 EXC N 5
Tax Annual Amount: $6,726.68
Rent Information
Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water
Lease / Rent Information
CAP Rate: 5.48
Gross Rent Multiplier: 13.44
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Gas
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: No
Location
School Information
Elementary School: Chief Joseph
Middle Or Junior School: Ockley Green
High School: Jefferson
Location Information
Directions: Rosa Parks/Haight
Unparsed Address: 407 N ROSA PARKS WAY NE, Portland, OR 97217
Community Information
Community Features: Laundry
Zoning: RM2h
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,716
Stories: 1.0
Lot Size: 7,500 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1944
Year Renovated: 1944
County: Multnomah County
APN: R199277
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
Chief Joseph Elementary School
Public K-5 • Assigned • 1.0mi
9/10
Ockley Green Middle School
Public 6-8 • Assigned • 0.6mi
8/10
Jefferson High School
Public 9-12 • Assigned • 0.6mi
5/10
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
7 days above 92° expected this year, 14 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 • 97217
Average low and high temperatures (°F)
47
36
50
38
57
44
65
46
70
52
76
56
82
60
82
62
77
58
64
49
54
44
51
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.5 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$795,000 – $962,000
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