7040 N Leonard St, Portland, OR 97203
Local realty services provided by:ERA Freeman & Associates, Realtors



Listed by:darryl bodle
Office:keller williams realty portland premiere
MLS#:722164230
Source:PORTLAND
Price summary
- Price:$1,419,900
About this home
Exceptional Four-Unit Investment Opportunity in the Heart of St. Johns. Located in one of Portland’s most vibrant and scenic neighborhoods, this thoughtfully designed fourplex offers modern living, strong rental potential, and a rare opportunity to own a quality-built multifamily property in a prime location. Each unit features an open-concept Great Room layout with soaring ceilings and large windows that provide abundant natural light and a spacious feel. High-end finishes include stainless steel appliances, solid surface countertops, tile backsplashes, custom cabinetry, and open shelving in the kitchens. Units also offer a convenient half bath on the main level, with two bedrooms and two full bathrooms upstairs—including a private ensuite in each primary bedroom. All units enjoy access to a fenced-in patio space and one unit with a large shared backyard—ideal for tenants who value outdoor living, gardening, or pet-friendly amenities. Situated near Cathedral, Northgate, McKenna, St. Johns, and Pier Parks, and just across the St. Johns Bridge from Forest Park, this property is surrounded by popular local businesses including John Street Café, Two Stroke Coffee, The Fixin’ To, and top neighborhood breweries. Built by a respected local Street of Dreams builder, this property will be an excellent addition to any investment portfolio with strong rental appeal, quality construction, and a location tenants will love.
Contact an agent
Home facts
- Year built:2025
- Listing Id #:722164230
- Added:82 day(s) ago
- Updated:August 20, 2025 at 11:56 AM
Heating and cooling
- Heating:Mini Split
Structure and exterior
- Roof:Composition
- Year built:2025
Schools
- High school:Roosevelt
- Middle school:George
- Elementary school:James John
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,419,900
New listings near 7040 N Leonard St
- New$649,000Active4 beds 3 baths2,620 sq. ft.
8813 NE Clackamas St, Portland, OR 97220
MLS# 614657680Listed by: MORE REALTY - New$329,900Active2 beds 1 baths1,148 sq. ft.
6555 SE 71st Ave, Portland, OR 97206
MLS# 572001255Listed by: JAG REALTY GROUP LLC - New$397,500Active2 beds 2 baths1,617 sq. ft.
24600 NW St. Helens Rd #M20, Portland, OR 97231
MLS# 122479099Listed by: PREMIERE PROPERTY GROUP, LLC - New$425,000Active0.16 Acres
7420 N Wall Ave, Portland, OR 97203
MLS# 234282219Listed by: JOHN L. SCOTT - New$425,000Active4 beds 1 baths2,805 sq. ft.
7420 N Wall Ave, Portland, OR 97203
MLS# 693289780Listed by: JOHN L. SCOTT - New$149,900Active-- beds 1 baths384 sq. ft.
10985 E Burnside St #27, Portland, OR 97216
MLS# 752434698Listed by: KELLER WILLIAMS REALTY PORTLAND PREMIERE - New$275,000Active1 beds 1 baths505 sq. ft.
1500 SW 11th Ave #605, Portland, OR 97201
MLS# 156454804Listed by: SEAN Z BECKER REAL ESTATE - New$75,000Active1.4 Acres
Levy Code 001, Portland, OR 97221
MLS# 318996685Listed by: WINDERMERE COMMUNITY REALTY - New$649,000Active4 beds 4 baths2,767 sq. ft.
11147 SW Torland St, Portland, OR 97223
MLS# 574559041Listed by: AETNA PROPERTIES, INC. - New$440,000Active4 beds 2 baths1,357 sq. ft.
11611 SE Lincoln St, Portland, OR 97216
MLS# 795752896Listed by: EXP REALTY, LLC