7206 N Saint Louis Ave, Portland, OR 97203
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
7206 N Saint Louis Ave,Portland, OR 97203
$1,899,000
- - Beds
- - Baths
- 4,416 sq. ft.
- Multi-family
- Active
Listed by: darryl bodle, kelly christian
Office: keller williams realty portland premiere503-597-2444
MLS#:22390670
Source:PORTLAND
Price summary
- Price:$1,899,000
- Price per sq. ft.:$430.03
About this home
Fully leased, income-producing 7-unit multifamily asset in North Portland, well suited for a 1031 exchange buyer seeking stable cash flow, diversified unit mix, and modern construction in a single acquisition. The property includes six newer-construction condominium residences plus a detached single-family home, offering multiple income streams and reduced operational concentration risk. The newer units feature efficient, renter-driven open-concept layouts with contemporary finishes, solid surface countertops, modern cabinetry, and neutral design selections that support strong leasing performance and long-term tenant retention. Unit mix ranges from studio to three-bedroom residences, allowing exposure to a broad tenant base and resilience across market cycles. The detached two-bedroom home includes a basement providing substantial storage and functional flexibility, enhancing tenant usability and operational convenience. The property is fully occupied, allowing an investor to step directly into stabilized income with no lease-up exposure. Located near the Cathedral Park neighborhood, one of North Portland’s most recognizable and tenant-favored areas, known for its riverfront setting beneath the iconic St. Johns Bridge, expansive green space, community events, and strong neighborhood identity that consistently drives rental demand. 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. A 94 Bike Score and 91 Walk Score, nearby transit options, and proximity to employment centers and outdoor amenities further support long-term tenant appeal and durable rental performance. A rare opportunity to acquire a turnkey, stabilized multifamily investment combining modern construction, diversified income, and one of North Portland’s most sought-after neighborhood settings in a single cohesive package....
Contact an agent
Home facts
- Year built:2022
- Subdivision & Development:CATHEDRAL PARK
- Listing ID #:22390670
- Added:1385 day(s) ago
- Updated:November 13, 2026 at 12:59 PM
Rooms and interior
- Living area:4,416 sq. ft.
Heating and cooling
- Heating:Zoned
Structure and exterior
- Roof:Composition
- Year built:2022
- Building area:4,416 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Corner Lot
- Levels:3 Stories
Schools
- High school:Roosevelt
- Middle school:George
- Elementary school:James John
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,899,000
- Price per sq. ft.:$430.03
- Tax amount:$16,512 (2025)
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: November 13, 2026New listings near 7206 N Saint Louis Ave
- Open Sat, 12:30 to 2:30pmNew
$489,500Active4 beds 3 baths1,485 sq. ft.14359 SE Bush St, Portland, OR 97236
MLS# 469714506Listed by: KNIPE REALTY ERA POWERED - New
$525,000Active3 beds 2 baths968 sq. ft.4540 SW Poplar Ln, Portland, OR 97225
MLS# 451340448Listed by: THE BROKER NETWORK, LLC - New
$665,000Active3 beds 2 baths1,674 sq. ft.11930 SW Hazelwood Loop, Portland, OR 97223
MLS# 231928432Listed by: REAL BROKER - New
$545,000Active2 beds 2 baths2,546 sq. ft.4015 SE 31st Ave, Portland, OR 97202
MLS# 269020690Listed by: EXP REALTY LLC - Open Sat, 10am to 12pmNew
$1,249,000Active5 beds 3 baths3,929 sq. ft.705 NW 87th Ter, Portland, OR 97229
MLS# 545273367Listed by: CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY - New
$223,000Active2 beds 1 baths705 sq. ft.8664 N Willamette Blvd, Portland, OR 97203
MLS# 186842845Listed by: LIMBRICK REAL ESTATE GROUP - New
$725,000Active6 beds 2 baths2,463 sq. ft.6540 N Williams Ave, Portland, OR 97217
MLS# 701370028Listed by: OREGON FIRST - Open Fri, 4 to 6pmNew
$589,000Active2 beds 2 baths1,456 sq. ft.3404 NE 55th Ave, Portland, OR 97213
MLS# 727633122Listed by: REAL BROKER - New
$475,000Active3 beds 2 baths2,552 sq. ft.8110 SE Madison St, Portland, OR 97215
MLS# 111711510Listed by: LIKE KIND REALTY - Open Sat, 1 to 4pmNew
$449,000Active3 beds 1 baths1,294 sq. ft.11244 NE Thompson St, Portland, OR 97220
MLS# 601822288Listed by: PREMIERE PROPERTY GROUP, LLC
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.