PORTSMOUTH/UNIVERSITY PARK Real Estate

Welcome to Portsmouth/University Park, a vibrant and welcoming subdivision nestled in the heart of Portland, Oregon. Located in Multnomah County, this charming neighborhood seamlessly blends the energy of urban living with the tranquility of suburban life, making it a perfect place to call home.

Portsmouth/University Park is renowned for its diverse community and rich cultural tapestry. The area boasts an array of parks and green spaces, including the beautiful University Park, which offers residents ample opportunities for outdoor activities, picnics, and leisurely strolls. Families will appreciate the proximity to top-rated schools, making it an ideal environment for raising children.

One of the standout features of this neighborhood is its accessibility. With convenient public transportation options and major roadways nearby, residents can easily navigate Portland and beyond. Whether you’re commuting to work or exploring the city’s vibrant arts and dining scene, Portsmouth/University Park puts you right in the heart of it all.

The real estate landscape here is diverse, featuring charming single-family homes, modern townhomes, and cozy bungalows, each reflecting the unique character of the neighborhood. With a strong sense of community and a variety of local amenities, Portsmouth/University Park is not just a place to live—it's a place to thrive.

Explore the possibilities that await you in Portsmouth/University Park, where community spirit meets the beauty of Portland living. Whether you’re a first-time homebuyer or looking to settle down, this neighborhood has something special for everyone. Come and discover your perfect home in this delightful corner of the Pacific Northwest!

Newest Listings in PORTSMOUTH/UNIVERSITY PARK

$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

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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.