University Park, located in Portland, Oregon's Multnomah County, is a charming suburban neighborhood that offers a variety of property types including condos, townhouses, single-family homes, and multi-family residences. Known for its Cape Cod and Arts and Crafts architectural styles, the area features homes with prices ranging from $415,000 to $650,000 and an average price per square foot of $312. The neighborhood's housing market has seen a slight dip with an average home sale price of $508,706, down 8% over the past year. University Park is highly appealing to families due to its proximity to well-rated Portland Public Schools and the University of Portland. The neighborhood is also known for its lush parks like Columbia and McKenna Park, and its vibrant local scene along North Lombard Street. Residents enjoy a small-town feel with convenient access to amenities and events in Portland, making it a desirable location for both buyers and renters, including those interested in mobile homes and other diverse living options.