This home's estimate is 5.5% higher than the average sale price ($767K) of 6 comparable homes.
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7424 NE Halsey St, Portland, OR 97213
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About this home
Located in Portland’s desirable Montavilla neighborhood, this well-maintained 4-plex offers a strong investment opportunity or an ideal owner-occupant setup. Each of the four 2-bed, 1-bath units features a functional layout and sits on a generous corner lot just steps from freeway access making it an attractive option for tenants and commuters alike. Currently, three units are fully occupied. One unit will require some repairs prior to occupancy. The shared basement includes a co-op laundry area that generates approximately $100/month in additional income. With ample space and separate entry, the basement also offers potential for development into a fifth unit, buyer to verify with the city. DO NOT DISTURB TENANTS.

Redfin Estimate
Market trends in Montavilla, OR
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- $699,0004 beds2 baths3,337 sq ft2326 NE 48th Ave, Portland, OR 97213C. Morgan Davis • Keller Williams PDX Central
- $675,0004 beds2 baths2,428 sq ft2530 NE 58th Ave, Portland, OR 97213Ariel Sasser • Property Group NW
- $785,0003 beds2 baths2,671 sq ft4297 NE Laurelhurst Pl, Portland, OR 97213Aimee Virnig • Windermere Realty Trust
- 3D WALKTHROUGH$549,0002 beds3 baths2,628 sq ft6144 NE Failing St, Portland, OR 97213Jacob York • RE/MAX Equity Group
- 3D WALKTHROUGH$815,0004 beds2 baths2,176 sq ft2838 NE 46th Ave, Portland, OR 97213Jim Arnal • Windermere Realty Trust
- 3D WALKTHROUGH$595,0002 beds2 baths1,248 sq ft904 NE 67th Ave, Portland, OR 97213Karoline Ashley • Windermere Realty Trust
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Sale and tax history for 7424 NE Halsey St
- Sale History
- Tax History
$264/sq ft
$270/sq ft
$275/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
- Public record
- Zoning
- Permits
R5
Residential 5,000 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.Include but are not limited to:
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
Electrical
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, Paved
- Parking Total: 2
Interior
- Appliances
- Hot Water Description: Electricity
- Interior Features
- Storage: Basement
- Basement: Exterior Entry, Storage Space, Unfinished
- Multi Unit Information
- # Of Units Total: 4
- Unit Information
- Unit Type: 1, 2, 3, 4
- Unit Type 1 Information
- Actual Rent: $1,500
- Area: 690
- Baths Total: 1
- Beds Total: 2
- Features: Range, Refrigerator
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $1,595
- Area: 690
- BathsTotal: 1
- Beds Total: 2
- Features: Range, Refrigerator
- Units Total: 1
- Unit Type 3 Information
- Actual Rent: $1,550
- Area: 690
- Baths Total: 1
- Beds Total: 2
- Features: Range, Refrigerator
- Units Total: 1
- Unit Type 4 Information
- Area: 690
- Baths Total: 1
- Beds Total: 2
- Units Total: 1
Exterior
- Exterior Features
- Roof: Composition, Shingle
- Exterior Description: Brick, Shingle Siding, Wood Siding
- Unreinforced Masonry Bldg: Unknown
- Lot Information
- Lot Size Square Feet: 7,840
- Lot Size Range: 7,000 to 9,999 SqFt
- Lot Size Acres: 0.18
- Lot Size: 7,000 to 9,999 SqFt
- Lot Features: Corner Lot, Level
- Parcel Number: R194891
- Road Surface Type: Concrete
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Existing
- View YN: No
- Building Information
- Year Built: 1953
- Building Area Total: 2,760
- Foundation Details: Concrete Perimeter
Financial
- Tax Information
- Tax Year: 2024
- Tax Legal Description: KATHARINE, BLOCK 8, LOT 1
- Tax Annual Amount: $8,910.61
- Rent Information
- Rent Includes: Trash Collection, Water
- Lease / Rent Information
- CAP Rate: 7.97
- Gross Rent Multiplier: 9.78
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Gas
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: Yes
- Heating: Baseboard
- Cooling YN: No
Location
- School Information
- Elementary School: Vestal
- Middle Or Junior School: Roseway Heights
- High School: Leodis McDaniel
- Location Information
- Directions: East on NE Halsey Street to Property
- Unparsed Address: 7424 NE HALSEY ST, Portland, OR 97213
- Community Information
- Community Features: Laundry
- Zoning: R5
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Multnomah County
- APN: R194891
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public K-5 • Assigned • 0.7mi
Public 6-8 • Assigned • 1.9mi
Public 9-12 • Assigned • 0.6mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 91° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
19 unhealthy days expected this year, 21 days in 30 years
Sun exposure
In this area, properties receive around 9.7 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 97213
Home values near 7424 NE Halsey St
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 2120 Sq. Ft. | $355,573 |
3 Beds | 2 Baths | 1888 Sq. Ft. | $517,101 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2025 Sq. Ft. | $533,289 |
2 Beds | 2 Baths | 1553 Sq. Ft. | $483,854 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 872 Sq. Ft. | $385,697 |
4 Beds | 2 Baths | 1633 Sq. Ft. | $465,600 |
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