Portland, OR 97203,7040 N Leonard AVE
Portland, OR 97203,7040 N Leonard AVE
Portland, OR 97203,7040 N Leonard AVE
Portland, OR 97203,7040 N Leonard AVE
Portland, OR 97203,7040 N Leonard AVE
Portland, OR 97203,7040 N Leonard AVE
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Listed by Keller Williams Realty Portland Premiere
$ 1,479,900
Est. payment | /mo

$ 1,479,900
Est. payment | /mo

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision St Johns

MLS Listing ID 722164230

Year Built 2025

Property Description

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.

Location

State OR

County Multnomah

Area _141

Zoning R2.5

Interior

Heating Mini Split

Cooling Mini Split

Exterior

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools James John

Middle Schools George

High Schools Roosevelt

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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7040 N Leonard AVE