Income-Producing Multifamily Asset in Portland

7206 N SAINT LOUIS Ave, Portland, OR 97203

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For Sale

$1,899,000

MULTI_FAMILY - Portland, OR

Property size:

4,416 SF

Lot size:

0.11 Acres

Price / SF:

$430/SF

HighLights

Fully leased 7‑unit multifamily property in North Portland with diversified unit mix and stabilized income
Includes six newer‑construction condominium residences plus a detached single‑family home
Year built 2022 with composition roof and zoned heating
Unit mix ranges from studio to three‑bedroom residences
Detached two‑bedroom home includes a basement for added storage
Location near Cathedral Park (about 1.5 miles) plus Pier Park and Columbia Park (under 1 mile), and close to N Lombard St (about 0.75 miles)

We can help!

Listing Contact

Darryl Bodle

For Sale

$1,899,000

MULTI_FAMILY - Portland, OR

Property size:

4,416 SF

Lot size:

0.11 Acres

Price / SF:

$430/SF

Added:: May 23, 2022
Days on Market:: 1487
Last Refresh:: Jun 17 at 7:06 pm

Property Features for 7206 N SAINT LOUIS Ave

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RM2
Bedrooms: 7
Bathrooms: 5
Rooms: Bedroom 7, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 5, Bathroom 2, Bathroom 3, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 2, Bathroom 4
Standard status: Active
APN: R191962
Size: 4,416 SF
Lot size: 0.11 Acres

Taxes and HOA fees

Tax Description: JAMES JOHNS ADD, BLOCK 34, NW 1/2 OF LOT 2
Tax Annual Amount: 16512

Utilities

Heating system: Zoned

Building Details

Year built: 2022
Floors in Building: 3
Number of units: 7
Roof type: Composition

We can help!

Listing Contact

Darryl Bodle

Listing agent Darryl Bodle License #199910100

Listing office Keller Williams Realty Portland Premiere 7504 SW Bridgeport Rd, Portland, OR

Listing date May 23, 2022

MLS# 22390670 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.

HighLights

Fully leased 7‑unit multifamily property in North Portland with diversified unit mix and stabilized income
Includes six newer‑construction condominium residences plus a detached single‑family home
Year built 2022 with composition roof and zoned heating
Unit mix ranges from studio to three‑bedroom residences
Detached two‑bedroom home includes a basement for added storage
Location near Cathedral Park (about 1.5 miles) plus Pier Park and Columbia Park (under 1 mile), and close to N Lombard St (about 0.75 miles)

Overview

This fully leased, income-producing 7-unit multifamily asset is located in North Portland. It is suited for a 1031 exchange buyer seeking stable cash flow, a diversified unit mix, and modern construction. The property includes six newer-construction condominium residences plus a detached single-family home, offering multiple income streams. The newer units feature efficient, renter-driven open-concept layouts with contemporary finishes, solid surface countertops, modern cabinetry, and neutral design selections. The unit mix ranges from studio to three-bedroom residences. The detached two-bedroom home includes a basement providing substantial storage and functional flexibility. The property is fully occupied. Located near the Cathedral Park neighborhood, it is known for its riverfront setting beneath the iconic St. Johns Bridge, expansive green space, community events, and strong neighborhood identity. The location offers approximately 1.5 miles to Cathedral Park itself, under 1 mile to Pier Park and Columbia Park, and convenient access to dining, neighborhood retail, and services along N Lombard Street within roughly 0.75 miles. It has a 94 Bike Score and 91 Walk Score, nearby transit options, and proximity to employment centers and outdoor amenities. The property size is 4416 square feet, situated on a 0.11-acre lot. The zoning is RM2.

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.758833
Latitude: 45.592096

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For sale
Multifamily properties
OR
Portland
97203
7206 N SAINT LOUIS Ave

What type of property is this?

Multifamily property - Fully leased 7-unit multifamily property in North Portland.

Where is this multifamily property located?

The property is located at 7206 N SAINT LOUIS Ave Portland, OR.

What is the asking price?

The asking price for this property is $1,899,000.

What are key features of this property?

This property features: Fully leased 7‑unit multifamily property in North Portland with diversified unit mix and stabilized income; Includes six newer‑construction condominium residences plus a detached single‑family home; Year built 2022 with composition roof and zoned heating

7206 N SAINT LOUIS Ave, Portland, OR 97203

MULTI_FAMILY - Portland, OR

Property Features for 7206 N SAINT LOUIS Ave

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Community

Single-Level Fourplex with Garages

Detached Cottage Multifamily Portfolio

Modern 4-Unit Residential Property

New Construction Cottage Portfolio

New Multifamily Investment by Park

Versatile Commercial Property with Warehouse

1907 Duplex with Separate Entrances

Mixed-Use Development Fixer

Rose City Park Multifamily Investment

New Cottage Homes in Beaumont-Wilshire

Four-Unit Residential Income Property

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