7428 N St Louis Ave, Portland, OR 97203

Listing agent Mark Lisac Show Phone

Listing office Legacy Realty Group A***@legacyrenw.com 561 NW 4th Ave, Gresham, OR Show Phone

Listing date Jan 26, 2024

Report an issue

MLS# 24466986 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

---

Overview

This level multifamily lot is located next to the north side of the Lombard commercial strip in the St Johns neighborhood of Portland. Two newer multifamily buildings are situated next door. Tentative plans have been drawn for either a 12-unit studio building or an 8-unit building with a mix of unit sizes, including mostly larger 2-bedroom dwellings. The lot size is 0.1 acres. The project is anticipated to be an easy build, and the location is considered desirable.

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Portland

County

Washington

State

Oregon

Longitude

-122.75656

Latitude

45.59322

Nearby Similar for Sale

• 

  $2,000,000

  6,070 SF

  Six-Unit Apartment Community

  2019-built six-unit community with in-unit laundry and off-street parking on a low-density lot.

  8300 SE Flavel St, Portland, OR 97266

  View Details
• 

  $629,990

  3,120 SF

  Single-Level Fourplex with Garages

  Four 2-bedroom units each with a fenced yard, detached garage, and washer/dryer hookups.

  18321 NE WASCO St, Portland, OR 97230

  View Details
• 

  $4,313,900

  11,578 SF

  Detached Cottage Multifamily Portfolio

  Twelve new construction detached two-bedroom cottages with modern in-unit features and efficient mini-split climate control.

  7033 SE 60th Ave, Portland, OR 97206

  View Details
• 

  $1,739,900

  4,868 SF

  New Construction Cottage Portfolio

  Four detached homes near St. Johns with strong rental potential.

  6603 N Seneca St, Portland, OR 97203

  View Details
• 

  $1,969,900

  4,815 SF

  New Multifamily Investment by Park

  Five-unit townhome investment across from Peninsula Park in Portland, Oregon.

  6179 N Albina Ave, Portland, OR 97217

  View Details
• 

  $899,000

  5,982 SF

  Versatile Commercial Property with Warehouse

  Mixed-use property featuring storefronts, restaurant, and warehouse space.

  1218 N Killingsworth Street, Portland, OR 97217

  View Details
• 

  $2,889,900

  7,179 SF

  Rose City Park Multifamily Investment

  New 7-unit multifamily property in Portland's Rose City Park.

  2938 NE 62nd Ave, Portland, OR 97213

  View Details
• 

  $1,979,900

  4,588 SF

  New Cottage Homes in Beaumont-Wilshire

  Four newly built detached cottage homes in NE Portland.

  4895 NE CESAR E CHAVEZ Blvd, Portland, OR 97211

  View Details
• 

  $1,200,000

  3,950 SF

  Four-Unit Residential Income Property

  Four-unit setup with covered parking and updated exterior elements suitable for income-focused ownership.

  12369 SW WALNUT St, Portland, OR 97223

  View Details
• 

  $589,000

  3,111 SF

  Craftsman Triplex with Three Meters

  1910 Craftsman triplex with three electric meters and hot water tanks, recently improved exterior systems, and interiors needing updates.

  535 NE KNOTT St, Portland, OR 97212

  View Details
• 

  $699,999

  3,892 SF

  North Portland Mixed-Use Triplex

  Cash-flowing triplex with commercial flexibility in a prime location.

  7521 N GLOUCESTER Ave N, Portland, OR 97203

  View Details
• 

  $799,999

  3,438 SF

  Classic Irvington Duplex with Income

  Spacious Portland duplex with market rents and further potential.

  1917 1919 NE 10TH Ave NE, Portland, OR 97212

  View Details

FAQs

What type of property is this?

Residential land & home lot - Level lot near Lombard commercial strip, St Johns neighborhood.

Where is this residential land & home lot located?

The property is located at 7428 N St Louis Ave Portland, OR.

What is the asking price?

The asking price for this property is $295,000.

What are key features of this property?

This property features: Multifamily lot in desirable St Johns location next to the Lombard commercial strip.; Tentative plans available for either a 12‑unit studio building or an 8‑unit building with a mix of unit sizes.; Option for larger 2‑bedroom units in the 8‑unit building plan.