#508430934, Joel Hamley, Listing Office: John L. Scott Portland Central
7421 SE Powell Blvd Portland, OR 97206
Property details
About 7421 SE Powell Blvd
Versatile space, boundless possibilities! This solid, move-in ready mixed-use property offers a prime opportunity for residential, commercial or investment purposes. 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. 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. 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]
Highlights
Virtual tour
Summary
- MLS Number: 555464827
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Redfin
- Office Phone: (650) 350-9025
- Listing Agent: Kate Uva
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Last updated on: 4/8/2025, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$750,000
7421 SE Powell Blvd
$8,906
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $225,350 | $5,971 |
2022 | $218,790 | $5,842 |
2021 | $212,420 | $5,842 |
2020 | $206,240 | $5,743 |
2018 | $194,410 | $4,926 |
2017 | $188,750 | $4,721 |
History based on county public records data.
Nearby schools
4
Marysville Elementary School
Public District KG-5
0.8 mi
•7733 SE Raymond St
8
Arleta Elementary School
Public District KG-5
0.9 mi
•5109 SE 66th Ave
8
Atkinson Elementary School
Public District KG-5
1.0 mi
•5800 SE Division St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,016. The most common annual income of people living in Portland, OR is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 7421 SE Powell Blvd
This home is located at 7421 SE Powell Blvd in Portland, OR and zip code 97206 in the Southeast Portland neighborhood. This 2,404 square foot home, which was built in 1925, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $750,000.
In March 2025, from all listings sold in Portland, OR there were more than 260 sold above asking price, over 254 sold below and more than 174 were sold right at the asked price. In March 2025 in Portland, OR there were 11.5% more homes for sale than in February. The median list price of listings available in March 2025 was $547,107, while the average time on the real estate market was 58 days.