$1479900

6 Bed
9 Bath
2740 SqFt
2 DOM
Built: 2025
Status: Active

Love this home?

Request Tour, Ask a Question or Start an Offer

Krishna Regupathy

Principal Broker

(503) 893-8874

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 Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere

General Information

MLS #722164230
Type
Days on Market 2 DOM
Beds6
Lot Size
Baths9
SqFt2740
Year built2025
ZoningR2.5
CountyMultnomah
Tax IDNew Construction
ElemJames John 2/10
MiddleGeorge 1/10
HighRoosevelt 2/10
PropCategoryMultiFamily
PropType
Neighborhood (Legal)TBD

Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere

Krishna Realty data last checked: May 31, 2025 13:25 | Listing last modified May 29, 2025 15:13, Source:

Download our Mobile app

Residence Information

Upper SqFt
Main SqFt
Lower SqFt
Total SqFt2740
SFSrc
TotUp/Mn
Fireplaces
Bdrms6
Full Bath
Partial Bath
Total Bath9
RoofComposition
Garage
Style
Parking
Levels2
Year Built2025
Green CertNo
Energy Eff
ExteriorCementSiding
Bsmt/Fnd
RV
URM
Basement
Foundation
Windows
Amenities

Features and Utilities

Living
Kitchen
Interior
Exterior
Accessibility
CoolMiniSplit
WaterElectricity
HeatMiniSplit
SewerPublicSewer
Hot WaterElectricity
FuelElectricity

Financial

PTax/Yr0
HOA
HOA InclNone
HOA Fee
Other Dues
Terms ConsideredCash,Conventional,FHA
List Date05-29-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 2
CDOM 2
Sold Date
TermsCash,Conventional,FHA
Original Price$1,479,900
List Price$1,479,900
Sold Price
Last ModifiedMay 29, 2025 15:13

Schools

public Elementary : James John 2/10 Ratings

public Middle : George 1/10 Ratings

public High : Roosevelt 2/10 Ratings

Map

Listing courtesy of Keller Williams Realty Portland Premiere.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: May 31, 2025 13:25 | Listing last modified May 29, 2025 15:13. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

7040 N Leonard AVE

$1,479,900