7424 Saint Louis AvePortland, OR 97203

For Sale
$2,225,000

12-Unit Apartment Building, $2.225M

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 12-unit apartment building, constructed in 2020, presents a compelling investment opportunity in Portland, Oregon's vibrant St. Johns neighborhood. Located at 7424 N Saint Louis Ave, this contemporary multifamily property boasts a mix of studio, one-, and two-bedroom units, each featuring high-end finishes. Residents enjoy stainless steel appliances, quartz countertops, wood vinyl flooring, large windows, air conditioning, and in-unit washer/dryers. Community amenities enhance the resident experience, including a dedicated dog and bike washing area, secure entry, and bike storage. The property's prime location offers easy access to the bustling St. Johns dining, retail, and entertainment scene, while also providing proximity to the serene Cathedral Park and the extensive trails of Forest Park, easily accessible via the iconic St. Johns Bridge. This meticulously maintained property offers a blend of urban convenience and outdoor recreation, making it an attractive option for discerning renters and investors alike. The asking price is $2,225,000. This represents a strong investment in a thriving Portland neighborhood with excellent potential for future growth and appreciation. The property's modern design and desirable amenities ensure high occupancy rates and strong rental income. The building's excellent condition and recent construction minimize ongoing maintenance costs. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a highly sought-after location.

Highlights

  • 2020 construction, contemporary design.
  • High-end finishes and desirable amenities.
  • Bike wash, pet wash station, and secure building access.
  • Excellent urban access and proximity to outdoor recreation.

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5930343
Longitude
-122.7569092
7424 Saint Louis Ave, Portland, Oregon

FAQs

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7424 Saint Louis Ave
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