7206 N Saint Louis Ave, Portland, OR 97203

Local realty services provided by:Knipe Realty ERA Powered
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 premiere
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

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Home facts

  • Year built:2022
  • Listing ID #:22390670
  • Added:1119 day(s) ago
  • Updated:February 20, 2026 at 12:14 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

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)
MLS LogoAll 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 Knipe Realty ERA Powered 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: February 20, 2026

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