$1,479,900
NEW CONSTRUCTION

Estimated payment $7,989/month

Total Views 3
6 Beds
9 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • New Construction
  • Corner Lot
  • Mini Split Heat Pump
  • View of Trees or Woods
  • Cooling Available

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.

Listing Agent

Darryl Bodle

Keller Williams Realty Portland Premiere License #199910100 Listed on: 05/29/2025

Keller Williams Realty Portland Premiere

Co-Listing Agent

Kelly Christian

Keller Williams Realty Portland Premiere License #201231606

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,617

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Views of Woods

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 9 Bathrooms

Schools

  • James John Elementary School
  • George Middle School
  • Roosevelt High School

Utilities

  • Cooling Available
  • Mini Split Heat Pump
  • Electric Water Heater

Community Details

  • 4 Units
  • St Johns Subdivision

Listing and Financial Details

  • Assessor Parcel Number New Construction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,617

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2025
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Open House: No
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: James John
  • High School: Roosevelt
  • Middle Or Junior School: George

Lot Info

  • Zoning: R2.5
  • Parcel #: New Construction

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,617 $58,670 $58,670 $0
2022 $1,974 $73,910 $0 $0
2021 $1,940 $71,760 $0 $0
2020 $1,780 $69,670 $0 $0
2019 $1,715 $67,650 $0 $0
2018 $1,664 $65,680 $0 $0
2017 $1,595 $63,770 $0 $0
2016 $1,460 $61,920 $0 $0
2015 $1,422 $60,120 $0 $0
2014 $1,400 $58,370 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $1,479,900 +604.7% --
07/25/2022 07/25/22 Sold $210,000 0.0% $360 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $210,000 -- $360 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Fidelity National Title
Personal Reps Deed $175,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $875,046 New Conventional
Closed $225,250 New Conventional
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 722164230

Regional Multiple Listing Service (RMLS)

APN: R263694