$1,899,000
NEW CONSTRUCTION $100K PRICE DROP

7206 N Saint Louis Ave Portland, OR 97203

Cathedral Park Neighborhood

Estimated payment $11,908/month

Total Views 12,229
7 Beds
5 Baths
4,416 Sq Ft
$430 Price per Sq Ft

Highlights

  • New Construction
  • Corner Lot
  • Zoned Heating

About This Home

Diversify your investment portfolio in one pkg w/this rare opportunity to own 7 units with; 6 new construction condos + a detached house!New construction units feat high-end quality finishes throughout the light&bright open concept flrpln from the beautiful kitch w/custom cabs,slab counters,SS apps to the neutral tones, tasteful tile &great variety of well performing 0-3 bed units!Detached 2bed home w/basement provides tons of storage&comfortable living! 94 BikeScore/91 WalkScore in hot N PDX!

Listing Agent

Darryl Bodle

Keller Williams Realty Portland Premiere Brokerage Phone: 503-709-4632 License #199910100 Listed on: 05/23/2022

Keller Williams Realty Portland Premiere

Co-Listing Agent

Kelly Christian

Keller Williams Realty Portland Premiere Brokerage Phone: 503-709-4632 License #201231606

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Corner Lot

Home Design

  • Composition Roof

Interior Spaces

  • 4,416 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Schools

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

Utilities

  • No Cooling
  • Zoned Heating

Listing and Financial Details

  • Assessor Parcel Number R191962

Community Details

Overview

  • 7 Units
  • Cathedral Park Subdivision

Building Details

  • Operating Expense $29,228
  • Gross Income $129,262
  • Net Operating Income $100,034

Property Details

Home Type

Multi-Family

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 2022
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 7
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: CornerLot
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling: Other
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: RM2
  • Parcel #: R191962

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 14.69
  • Annual Gross Income: 129262.0
  • Property Net Operating Income: 100034.0
  • Annual Operating Expense: 29228.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2025 07/25/25 For Sale $1,899,000 0.0% $430 / Sq Ft
06/19/2025 06/19/25 Off Market $1,899,000 -- --
06/28/2023 06/28/23 For Sale $1,899,000 0.0% $430 / Sq Ft
05/21/2023 05/21/23 Off Market $1,899,000 -- --
10/20/2022 10/20/22 Price Changed $1,899,000 -5.0% $430 / Sq Ft
05/23/2022 05/23/22 For Sale $1,999,000 +380.5% $453 / Sq Ft
10/15/2018 10/15/18 Sold $416,000 -0.9% $248 / Sq Ft View Prior Sale
09/04/2018 09/04/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $419,900 -- $250 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22390670

Regional Multiple Listing Service (RMLS)

APN: 1N1W01CD 09000

Oregon Multnomah County Portland 97203 Cathedral Park

7206 N Saint Louis Ave, Portland, OR

For Sale

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Darryl Bodle
Listing Agent
Darryl Bodle
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Keller Williams Realty Portland Premiere
(503) 850-2989