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

7206 N Saint Louis Ave Portland, OR 97203

Cathedral Park Neighborhood

Estimated payment $12,478/month

Total Views 10,676
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: 503-597-2444 License #199910100 Listed on: 05/23/2022

Keller Williams Realty Portland Premiere

Co-Listing Agent

Kelly Christian

Keller Williams Realty Portland Premiere Brokerage Phone: 503-597-2444 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

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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)

Similar Homes in Portland, OR

  • 7011 N Oswego Ave, Portland, OR 97203

    $1,749,900

    • 9 Beds
    • 5 Baths
    • 7,070 Sq Ft
    • 7011 N Oswego Ave
    • Portland, OR

    Don't miss out on this exceptional investment opportunity! This impeccably maintained and professionally managed 9-plex in the highly sought-after Cathedral Park neighborhood offers a perfect blend of strong rental income and unbeatable location. Featuring 6 spacious two-bedroom units, 2 one-bedroom units, and a charming two-bedroom house, this property provides diverse rental options for maximum

    Cindy Somsanith Farrell Realty & Property Management, Inc

    Section Image
  • 2404 SE 89th Ave, Portland, OR 97216

    $2,000,000

    • 8 Beds
    • 4 Baths
    • 2404 SE 89th Ave
    • Portland, OR

    Incredible investment opportunity to own an entire cul-de-sac featuring three detached single-family homes and a 5-plex. Two of the single-family homes have 3 bedrooms, and the other has 2 bedrooms. Each unit of the 5-plex is a 2-bedroom. Designed for low-maintenance ownership, the homes feature vinyl siding and updated systems, ensuring long-term durability and minimal upkeep. Interior

    Jim McCartan Cascade Hasson Sotheby's International Realty

    Section Image
  • 16360 SE Stark St, Portland, OR 97233

    $2,200,000

    • 6 Beds
    • 4 Baths
    • 13,514 Sq Ft
    • 16360 SE Stark St
    • Portland, OR

    Great, 16 unit Gresham apartment complex with on site laundry and plenty of parking. Priced to sell at $137.5k per unit, you will find this property very competitive. Great occupancy history. Two units recently remodeled and several others greatly updated. Current Cap rate is low due to two units being empty for over a year caused by two separate water damage losses. With them finished and

    Chris Gordon Gordon Properties

    Section Image
  • 17941 SE Main St, Portland, OR 97233

    $1,595,000

    • 7 Beds
    • 5 Baths
    • 17941 SE Main St
    • Portland, OR

    Rare Multi-Family Portfolio Opportunity – Seller Carry Terms Available!This professionally managed, fully rented portfolio consists of three income-producing properties:1210 SE 179th Ave (MLS# 767340896) – $2,495/mo1214 SE 179th Ave (MLS# 206884563) – $1,895/mo17941 SE Main St (MLS# 546685047) – $1,875/moCombined gross monthly rent: $6,265. Offered together under MLS# 631555811 for $1,595,000.

    Nicole Richards eXp Realty, LLC

    Section Image
See All Homes in Portland

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

This home is located at 7206 N Saint Louis Ave, Portland, OR 97203 and is currently priced at $1,899,000, approximately $430 per square foot. This property was built in 2022. 7206 N Saint Louis Ave is a home located in Multnomah County with nearby schools including James John Elementary School, George Middle School, and Roosevelt High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) 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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes
Darryl Bodle
Listing Agent
Darryl Bodle
Section Image
Keller Williams Realty Portland Premiere
(971) 318-5559