MISSISSIPPI AVE Real Estate

Welcome to Mississippi Avenue, a vibrant and eclectic neighborhood nestled in the heart of Portland, Oregon! Located in Multnomah County, this charming subdivision is renowned for its unique blend of urban living and community spirit, making it a sought-after destination for families, young professionals, and artists alike.

Mississippi Avenue boasts an array of local boutiques, cozy cafes, and trendy restaurants that reflect the area’s creative ethos. Stroll down the avenue to discover everything from artisanal coffee shops to vintage clothing stores, ensuring there’s always something new to explore. Don’t miss the local farmers' market, held weekly, where you can savor fresh produce and artisanal goods while mingling with friendly neighbors.

The community is also known for its rich cultural scene, featuring live music venues and art galleries that showcase the talents of local artists. Whether you’re catching a show or attending a gallery opening, you’ll find that Mississippi Avenue is alive with creativity and inspiration.

For those who appreciate the outdoors, the nearby parks and green spaces provide a perfect backdrop for picnics, jogging, or simply unwinding in nature. The neighborhood is well-connected to Portland’s public transit, making it easy to explore the broader city while enjoying the comforts of a close-knit community.

With its vibrant atmosphere, diverse amenities, and welcoming residents, Mississippi Avenue is not just a place to live; it’s a lifestyle. Come discover your new home in this dynamic Portland neighborhood, where every day offers a new adventure!

Newest Listings in MISSISSIPPI AVE

$584,900

3 Beds ⋅ 1 Baths ⋅ 309804710 MLS

Positioned on a prominent 5,000 sq ft corner lot at 4836 N Albina Ave, this prime RM2-zoned property offers an unparalleled combination of immediate cash flow, flexible land-banking, and high-density development potential. Featuring an advantageous 3:1 Floor Area Ratio (FAR) that supports up to 15,000 sq ft of future allowable buildable area, the site represents a rare urban infill opportunity in the heart of North Portland's highly sought-after Mississippi and Williams corridors. The property currently generates over $2,000 per month in holding revenue from a reliable month-to-month occupant, allowing an investor or builder to enjoy consistent passive income while securing permits and finalizing project designs. The existing structure is a well-maintained, move-in-ready home complete with a multi-level floor plan, an updated kitchen with granite counters and stainless steel appliances, classic millwork, and rare off-street parking. Whether your strategy is to hold and collect cash flow, execute an immediate multi-unit development, or capitalize on Portland’s growing demand for urban density, this property delivers unbeatable positioning and maximum future upside.

4836 N ALBINA AVE, Portland

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