PORTSMOUTH/UNIVERSITY PARK Real Estate

Welcome to Portsmouth/University Park, a vibrant and welcoming subdivision nestled in the heart of Portland, Oregon. This charming community, located in Multnomah County, perfectly blends urban convenience with the tranquility of suburban living. Known for its diverse neighborhoods and rich cultural heritage, Portsmouth/University Park is an ideal place for families, young professionals, and retirees alike.

As you stroll through the tree-lined streets, you'll discover an array of beautifully maintained homes, each with its own unique character. The architecture here ranges from classic bungalows to modern designs, offering something for everyone. The sense of community is palpable, with friendly neighbors and a strong commitment to maintaining a safe and welcoming environment.

Portsmouth/University Park is not just about picturesque homes; it’s also about lifestyle. Residents enjoy easy access to parks, including the expansive University Park, where you can take leisurely walks, enjoy a picnic, or let the kids play on the playground. The area is well-served by public transportation, making it easy to commute to downtown Portland or explore the surrounding neighborhoods.

For those who appreciate local amenities, Portsmouth/University Park boasts a variety of shops, restaurants, and cafes that reflect the eclectic spirit of Portland. Whether you’re grabbing a coffee at a local café or dining at a trendy eatery, you’ll find plenty of options to satisfy your cravings.

In Portsmouth/University Park, you’re not just buying a home; you’re investing in a lifestyle filled with community, convenience, and charm. Come and experience everything this delightful subdivision has to offer!

Newest Listings in PORTSMOUTH/UNIVERSITY PARK

$599,900

4 Beds ⋅ 2 Baths ⋅ 339290072 MLS

This 1907 classic has all the charm + none of the old house headaches. Remodeled + revamped from the inside out, this home offers peace of mind with modern systems, including: updated electrical, plumbing, sewer, added insulation, double-pane vinyl windows, plus a brand-new gas furnace + water heater. Nearly everything has been updated within the last 10 years or sooner, so you can spend your weekends enjoying your new home instead of working on it! High ceilings + windows in every direction fill the main floor with natural light. The open-concept layout includes a proper entryway, updated kitchen with quartz counters, stainless appliances + ample cabinetry, plus convenient main-level laundry. Two bedrooms (both with fantastic closets) + a full bath on the main floor, plus two more bedrooms (closets for days up here too) + another full bath upstairs. But the real draw is the detached, oversized dream shop/garage with tall ceilings, 100-amp power + room for all of your projects, hobbies + gear. An unfinished basement provides even more storage, so the shop stays clear for actual projects, not storage. An extra-long, extra-wide driveway offers plenty of off-street parking + space for an RV, boat, or a basketball hoop. Outside, enjoy kiwi, apples, figs, blueberries, raspberries, multiple varieties of pears, herbs + other perennials. All this in Portsmouth, close to food carts, Living Room Wines, brewpubs, New Seasons Market, University of Portland + the beautiful Columbia Park. Also conveniently located between all the fun in St. Johns + Kenton, and great for commuters with nearby I-5. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10251624]

7805 N HEREFORD AVE, Portland

$1,079,000

450186994 MLS

Exceptional income-producing multi-family opportunity in one of Portland's most desirable near-campus neighborhoods. This duplex sits in the charming University Park/Portsmouth area, just minutes from the University of Portland. It's perfectly positioned to attract strong student & professional tenant demand with excellent capitalization potential.Built in 1942, Unit 1 has a total of 1933 sq ft, 5 beds/2 baths and timeless character throughout. Original coved ceilings, oak hardwood flooring, fireplace, arched doorways, period fixtures and built-ins add to the charm! All new kitchen appliances and a quaint breakfast nook. The laundry area is located in the basement.Built in 2014, Unit 2 has a total of 1820 sq ft, 6 beds/2 baths, this unit provides modern living with updated granite counters & maple cabinetry in the kitchen and bathrooms. Large open living/kitchen area with plenty of space for large groups. Upper-level laundry for added convenience. In addition, this duplex has a newer roof and vinyl windows and is close to everyday amenities, including parks, transit, shops & restaurants. Whether you're an investor seeking reliable returns, or a buyer looking for a solid multi-family asset, this duplex delivers both timeless appeal and an investment with great cashflow and cap rate potential.

4745 N AMHERST ST, Portland

$650,000

653794194 MLS

Rare CM2 mixed-use triplex in North Portland — all three units leased and cash-flowing from day one. This converted farmhouse offers a turnkey investment with genuine commercial flexibility in a zoning classification that's increasingly scarce.Unit 1: 1BR | hardwood floors, wood-burning fireplace, updated kitchen and bathUnit 2: 2BR | hardwood floors, built-ins, remodeled kitchen and bath with penny tile, clawfoot tub, and original hardwareUnit 3: 2BR + bonus room | new carpet, new HVAC, refreshed kitchen — ideal for residential, office, or commercial use at lease endEvery unit has basement storage. Shared backyard, deck, front porches, and coin-op laundry. Approximately 50 feet adjoining a parking lot with driveway easement potential. CM2 zoning supports wellness, medical, professional office, retail, and more — with long-term redevelopment upside within the Prosper Portland Interstate Urban Renewal Area. Under one mile to University of Portland and New Seasons. Transit lines 75 and 35.

7521 N GLOUCESTER N AVE, Portland

Start Your Search

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.