Active

Price cut: $40K (7/7)

$545,000

7207 N Chicago Ave, Portland, OR 97203

2beds

1,884sqft

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Multi Family

Built in 1890

-- sqft lot

$-- Zestimate^®

$289/sqft

$-- HOA

What's special

Historic victorianLarge lot

Historic Victorian on large lot zoned RM2. Tons of possibilities. Buyer to do due diligence with city and county. Basement may not conform , Buyer to verify. Property currently used as a duplex. Hi Ceiling, Hardwoods, 2 large kitchens. Great investment opportunity close to shopping , Resturants , University of Portland college. Investors dream! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10245964]

80 days

362

17

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Appliances

Included: Electric Water Heater

Interior area

Total structure area: 1,884
Total interior livable area: 1,884 sqft

Property

Features

Stories: 2

Lot

Features: Corner Lot, SqFt 10000 to 14999

Details

Parcel number: R191966
Zoning: RM2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Lap Siding, Wood Siding
Roof: Composition

Condition

Approximately
Year built: 1890

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Cathedral Park

Location

Region: Portland

Financial & listing details

Price per square foot: $289/sqft
Tax assessed value: $868,110
Annual tax amount: $8,713
Date on market: 4/18/2026
Listing terms: Cash,Conventional
Total actual rent: 2700

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/7/2026	Price change	$545,000-6.8%$289/sqft
Source: RMLS (OR) #380628513 Report a problem
5/22/2026	Listed for sale	$585,000$311/sqft
Source: RMLS (OR) #380628513 Report a problem
5/9/2026	Pending sale	$585,000$311/sqft
Source: RMLS (OR) #380628513 Report a problem
4/27/2026	Price change	$585,000-6.4%$311/sqft
Source: RMLS (OR) #380628513 Report a problem
4/18/2026	Listed for sale	$625,000+101.9%$332/sqft
Source: RMLS (OR) #380628513 Report a problem
10/13/2006	Sold	$309,500$164/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,713 +3.7%	$323,380 +3%
2024	$8,400 +4%	$313,970 +3%
2023	$8,078 +2.2%	$304,830 +3%
2022	$7,903 +1.7%	$295,960 +3%
2021	$7,769 +9%	$287,340 +3%
2020	$7,127 +3.8%	$278,980 +3%
2019	$6,865	$270,860 +3%
2018	$6,865 +3%	$262,980 +3%
2017	$6,663 +14%	$255,330 +3%
2016	$5,845	$247,900 +3%
2015	$5,845	$240,680

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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