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$169,000
1 Beds ⋅ 1 Baths ⋅ 498918963 MLS
Darling move-in ready single level unit with tall vaulted ceilings, wood floors, new mini-split with heating & cooling, solar tubes, laundry in unit, fenced patio area with french doors, dedicated parking spot, storage in basement. No Rent Cap, 30 day minimum. Easy living, the perfect spot within a few blocks you'll find an eclectic mix of independent restaurants, pubs, food carts, coffee shops, small boutiques, Cathedral Park, St Johns Theater, grocery and so much more! Come see it today!

7302 N NEW YORK AVE Unit #2, Portland
$859,000
390757578 MLS
PRIME INVESTMENT OPPORTUNITY- 4 Plex in a highly walkable Portsmouth Neighborhood with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 4-unit multifamily property. Situated on 0.29 acers in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features four 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-occupied looking for solid long term assets in a sought after neighborhood. Property is part of a two-lot offering, call for details!

8323 8329 N DWIGHT AVE, Portland
$565,000
382993162 MLS
Charming University Park Duplex. Set on an elevated corner lot across from Portsmouth Park these units are in a prime location. Each unit features 2 beds, 1 full bath plus in-unit washer and dryer. There are hardwood floors in the living rooms and bedrooms. Unit 7110 has had the kitchen updated and features a stainless-steel appliance suite and eat-in kitchen. This unit also has a small patio and yard space. The corner unit, 7106, is slightly larger with a dining room adjacent to the kitchen. The garages tuck under the property and each unit has a secure 1-car garage for parking and/or storage. All appliances included. The property has been thoughtfully maintained by the long-term owners. Enjoy Portsmouth Park, the University of Portland, St. John's, and more. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244684]

7106 N HODGE AVE, Portland
$349,000
2 Beds ⋅ 2 Baths ⋅ 783280142 MLS
Striking modern design defines this light filled corner condo in the heart of Portland’s popular St. Johns neighborhood. A thoughtfully designed open floor plan is enhanced by expansive windows, high ceilings, and light wood grain luxury vinyl plank flooring that is both durable and easy to maintain. The custom kitchen impresses with slab quartz countertops, a tiled backsplash, built-in appliances, and a freestanding electric range—perfect for everyday living and entertaining alike.Custom built-ins and clever under-stair storage maximize functionality, while the primary bathroom adds a touch of luxury with statement green tile and a quartz vanity. Comfort is prioritized with ducted air conditioning throughout the home and an upgraded heat pump/mini-split HVAC system, delivering energy efficiency without compromising year-round comfort.Step outside to your fenced private side yard, ideal for summer BBQs and casual gatherings. Located just 0.2 miles from New Seasons Market and boasting an impressive 95 Bike Score, this home offers exceptional convenience, connectivity, and modern urban living at its best.

7557 N GILBERT AVE, Portland
$1,718,000
271936638 MLS
PRIME INVESTMENT OPPORTUNITY- 8 Plex in a highly walkable Portsmouth Neighborhood on two separate lots, with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 8-unit multifamily property. Situated on 0.58 acers in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features eight 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-operators looking for solid long term assets in a sought after neighborhood.

8309 8315 N DWIGHT AVE, Portland
$4,123,900
390824442 MLS
Located in Portland’s highly desirable St. Johns neighborhood, this offering represents a rare new-construction cottage cluster consisting of 11 detached homes on N Bank St. The detached configuration and fee-simple ownership structure provide long-term operational flexibility, simplified management, and strong resale optionality—either as a portfolio hold or future individual dispositions, subject to buyer strategy and local regulations. Purpose-built for efficiency and durability, each residence features energy-efficient mini-split systems for year-round heating and cooling, supporting lower operating costs and broad tenant appeal. The project was delivered by a multi-year Street of Dreams builder and Builder of the Year award winner, offering confidence in construction quality, design execution, and long-term performance. The cohesive site layout balances privacy and density, enhancing tenant satisfaction while maintaining an approachable neighborhood scale. The St. Johns location continues to demonstrate strong rental demand driven by proximity to major employers, recreation, and everyday amenities. Residents enjoy quick access to Cathedral City Park, St. Johns Park, Pier Park, and the St. Johns Bridge, along with nearby dining, coffee, and breweries including Two Stroke Coffee, Affogato, John Street Cafe, Leisure Public House, StormBreaker Brewing, Wonderwood Springs, and The Fixin’ To. This amenity-rich environment supports rent stability, reduced vacancy, and long-term appreciation. Overall, this asset delivers a compelling combination of detached new construction, efficient mechanical systems, walkable neighborhood amenities, and flexible ownership structure, making it well-suited for investors seeking durable cash flow, low near-term capital needs, and strong exit optionality in one of North Portland’s most established submarkets.

8328 N Bank ST, Portland
$349,900
2 Beds ⋅ 2 Baths ⋅ 185723038 MLS
Hello from St. Johns! I’m part of a rare new-construction cottage cluster at 8350 N Bank St, where 11 detached homes are thoughtfully arranged to balance privacy, connection, and modern living. Unlike many other new construction homes, I am not a condo and have no HOA, offering true fee-simple ownership with added flexibility. I was designed with efficiency and comfort in mind, featuring energy-efficient mini-split systems that provide reliable year-round heating and cooling. Every detail of my community reflects intentional craftsmanship and thoughtful design, proudly presented by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association. Together, we create a cohesive neighborhood that blends contemporary style with the approachable scale and charm that make cottage clusters so special. My location places you right in the heart of one of North Portland’s most vibrant areas. I’m just minutes from Cathedral City Park, St. Johns Park, and Pier Park, along with the iconic St. Johns Bridge, offering trails, open green space, and scenic river views close to home. Everyday favorites are nearby too—grab coffee at Two Stroke Coffee or Affogato, enjoy a meal at John Street Cafe, The Garrison, or Leisure Public House, or unwind at Wonderwood Springs, StormBreaker Brewing, and The Fixin’ To. I offer a compelling blend of detached new construction, efficient systems, and an unbeatable neighborhood setting—perfect for those seeking modern living with a strong sense of place in the heart of St. Johns. [Home Energy Score = 10. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10243871] [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243871]

8350 N Bank ST, Portland
$349,900
2 Beds ⋅ 2 Baths ⋅ 406873884 MLS
Hello from St. Johns! I’m part of a rare new-construction cottage cluster at 8338 N Bank St, where 11 detached homes are thoughtfully arranged to balance privacy, connection, and modern living. Unlike many other new construction homes, I am not a condo and have no HOA, offering true fee-simple ownership with added flexibility. I was designed with efficiency and comfort in mind, featuring energy-efficient mini-split systems that provide reliable year-round heating and cooling. Every detail of my community reflects intentional craftsmanship and thoughtful design, proudly presented by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association. Together, we create a cohesive neighborhood that blends contemporary style with the approachable scale and charm that make cottage clusters so special. My location places you right in the heart of one of North Portland’s most vibrant areas. I’m just minutes from Cathedral City Park, St. Johns Park, and Pier Park, along with the iconic St. Johns Bridge, offering trails, open green space, and scenic river views close to home. Everyday favorites are nearby too—grab coffee at Two Stroke Coffee or Affogato, enjoy a meal at John Street Cafe, The Garrison, or Leisure Public House, or unwind at Wonderwood Springs, StormBreaker Brewing, and The Fixin’ To. I offer a compelling blend of detached new construction, efficient systems, and an unbeatable neighborhood setting—perfect for those seeking modern living with a strong sense of place in the heart of St. Johns. [Home Energy Score = 10. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10243873] [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243873]

8338 N Bank ST, Portland
$339,900
2 Beds ⋅ 2 Baths ⋅ 268854437 MLS
Hello from St. Johns! I’m part of a rare new-construction cottage cluster at 8334 N Bank St, where 11 detached homes are thoughtfully arranged to balance privacy, connection, and modern living. Unlike many other new construction homes, I am not a condo and have no HOA, offering true fee-simple ownership with added flexibility. I was designed with efficiency and comfort in mind, featuring energy-efficient mini-split systems that provide reliable year-round heating and cooling. Every detail of my community reflects intentional craftsmanship and thoughtful design, proudly presented by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association. Together, we create a cohesive neighborhood that blends contemporary style with the approachable scale and charm that make cottage clusters so special. My location places you right in the heart of one of North Portland’s most vibrant areas. I’m just minutes from Cathedral City Park, St. Johns Park, and Pier Park, along with the iconic St. Johns Bridge, offering trails, open green space, and scenic river views close to home. Everyday favorites are nearby too—grab coffee at Two Stroke Coffee or Affogato, enjoy a meal at John Street Cafe, The Garrison, or Leisure Public House, or unwind at Wonderwood Springs, StormBreaker Brewing, and The Fixin’ To. I offer a compelling blend of detached new construction, efficient systems, and an unbeatable neighborhood setting—perfect for those seeking modern living with a strong sense of place in the heart of St. Johns. [Home Energy Score = 10. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10243877] [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243877]

8334 N Bank ST, Portland
$324,900
2 Beds ⋅ 2 Baths ⋅ 781758531 MLS
Hello from St. Johns! I’m part of a rare new-construction cottage cluster at 8332 N Bank St, where 11 detached homes are thoughtfully arranged to balance privacy, connection, and modern living. Unlike many other new construction homes, I am not a condo and have no HOA, offering true fee-simple ownership with added flexibility. I was designed with efficiency and comfort in mind, featuring energy-efficient mini-split systems that provide reliable year-round heating and cooling. Every detail of my community reflects intentional craftsmanship and thoughtful design, proudly presented by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association. Together, we create a cohesive neighborhood that blends contemporary style with the approachable scale and charm that make cottage clusters so special. My location places you right in the heart of one of North Portland’s most vibrant areas. I’m just minutes from Cathedral City Park, St. Johns Park, and Pier Park, along with the iconic St. Johns Bridge, offering trails, open green space, and scenic river views close to home. Everyday favorites are nearby too—grab coffee at Two Stroke Coffee or Affogato, enjoy a meal at John Street Cafe, The Garrison, or Leisure Public House, or unwind at Wonderwood Springs, StormBreaker Brewing, and The Fixin’ To. I offer a compelling blend of detached new construction, efficient systems, and an unbeatable neighborhood setting—perfect for those seeking modern living with a strong sense of place in the heart of St. Johns.[Home Energy Score = 10. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10243876] [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243876]

8332 N Bank ST, Portland
$339,900
2 Beds ⋅ 2 Baths ⋅ 554938973 MLS
Hello from St. Johns! I’m part of a rare new-construction cottage cluster at 8330 N Bank St, where 11 detached homes are thoughtfully arranged to balance privacy, connection, and modern living. Unlike many other new construction homes, I am not a condo and have no HOA, offering true fee-simple ownership with added flexibility. I was designed with efficiency and comfort in mind, featuring energy-efficient mini-split systems that provide reliable year-round heating and cooling. Every detail of my community reflects intentional craftsmanship and thoughtful design, proudly presented by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association. Together, we create a cohesive neighborhood that blends contemporary style with the approachable scale and charm that make cottage clusters so special. My location places you right in the heart of one of North Portland’s most vibrant areas. I’m just minutes from Cathedral City Park, St. Johns Park, and Pier Park, along with the iconic St. Johns Bridge, offering trails, open green space, and scenic river views close to home. Everyday favorites are nearby too—grab coffee at Two Stroke Coffee or Affogato, enjoy a meal at John Street Cafe, The Garrison, or Leisure Public House, or unwind at Wonderwood Springs, StormBreaker Brewing, and The Fixin’ To. I offer a compelling blend of detached new construction, efficient systems, and an unbeatable neighborhood setting—perfect for those seeking modern living with a strong sense of place in the heart of St. Johns. [Home Energy Score = 10. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10243869] [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243869]

8330 N Bank ST, Portland
$379,900
2 Beds ⋅ 2 Baths ⋅ 429727968 MLS
Hello there, I’m a brand new cottage in the heart of St. Johns, thoughtfully designed for easy, low maintenance living. I offer a private, fully fenced yard with artificial grass, ideal for pets while eliminating mowing, watering, and seasonal upkeep. The backyard includes a covered patio with cedar soffits and a ceiling fan for comfortable year round enjoyment. Inside, the main floor features a spacious great room layout with wainscoting and direct backyard access, tall ceilings, and oversized windows that fill the home with natural light. Durable, high quality finishes are built to last. I live as a two bedroom home with two full bathrooms upstairs, a convenient half bath on the main level, and upstairs laundry for added efficiency. Built by a local boutique builder renowned for elevated finishes, signature millwork, and exceptional architectural detailing that gives every home a custom feel. Where elevated craftsmanship becomes everyday living. I also include a 2-10 Builder Warranty for peace of mind, and the builder is offering a limited time appliance package upgrade promotion with an acceptable offer. Enjoy a five minute walk to popular food carts, just .2 miles to New Seasons Market, and close proximity to Roosevelt High School, the iconic St. Johns Bridge, and Cathedral Park. With a Walk Score of 72 and Bike Score of 91, getting around is easy. Energy efficient mini split systems provide year round comfort. Unlike many new construction homes, I am not a condo and have no HoA. You own the underlying lot outright and have no additional monthly dues to worry about. My list price is for buyers eligible for Portland Housing Bureau’s System Development Charge Exemption program. Contact my people for details. [Home Energy Score = 10. HES Report at https://us.greenbuildingregistry.com/green-homes/OR10242577] [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242577]

7472 N Polk AVE, Portland
$529,000
4 Beds ⋅ 2 Baths ⋅ 435671427 MLS
Exceptional opportunity to own a fully restored bungalow in the heart of North Portland, directly across from Portsmouth Park and just minutes from the University of Portland. This move-in ready home has been thoughtfully updated with both style and function in mind.Recent improvements include:New roof95% high-efficiency furnaceNew energy-efficient windowsNew sewer lineDecommissioned oil tankUpdated full bathroom on main levelNewly added full bathroom in basementThe main level features an open-concept living and dining area, an updated kitchen, and a spacious primary bedroom with a gas fireplace—a rare and cozy feature. Step outside to enjoy a custom-designed back patio, perfect for entertaining or relaxing in a private setting.The lower level offers flexible living space with potential for dual living arrangements, guest quarters, or a home office setup.Located within walking distance to local shops, restaurants, and public transit, this home combines comfort, efficiency, and convenience in one of Portland’s most desirable neighborhoods.A must-see property—schedule your showing today. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10203184]

7307 N STANFORD AVE Unit #A, Portland
$609,950
4 Beds ⋅ 3 Baths ⋅ 102445122 MLS
NEW PRICE! Charming 4-Bedroom Home – Prime Location! Just a 3-minute drive to a prestigious University. Gorgeous, brand new vinyl plank flooring on main floor, including bedrooms and bathrooms. Brand new carpet on upstairs' bedrooms. Spacious Living with 4 generously-sized bedrooms and 3 bathrooms. Cozy Living Room featuring a wood-burning fireplace for warm, inviting evenings. Functional and open floor plan with remodeled kitchen perfect for family gatherings. Step out onto your private deck overlooking a fenced yard—ideal for relaxation, pets, or entertaining. This home is designed for families, students, or professionals seeking convenience and comfort. This gem won't last long! Make this beautiful home yours. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241466]

7206 N AMHERST ST, Portland
$379,000
2 Beds ⋅ 2 Baths ⋅ 165189094 MLS
New Construction in University Park by K & C Custom Homes. This thoughtfully designed home blends contemporary Japandi aesthetics with modern functionality, creating a home that truly stands out. Ideally located next to Portsmouth Park and just minutes from the University of Portland and all the vibrant amenities North Portland has to offer. The home features a smart and spacious floor plan with two en-suite bedrooms upstairs and an open-concept main level—perfect for both relaxing and entertaining. Enjoy the ease of low-maintenance living with the comfort and feel of a single-family home. Don’t miss the opportunity to live in one of Portland’s most sought-after neighborhoods. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10243902]

7307 N STANFORD AVE Unit #B, Portland
$299,900
2 Beds ⋅ 1 Baths ⋅ 508374414 MLS
lender credit available! Sustainably-Built New Construction Townhome Across from Northgate Park — Corner Unit with No HOA. Be the first to own this sustainably-built new construction townhome, ideally located adjacent to Northgate Park. Home is situated on its own lot with no HOA, offering true fee-simple ownership. This 2-bedroom, 1.5-bathroom home is thoughtfully designed with high-end finishes throughout, including quartz countertops, tile backsplashes, and stainless-steel appliances. Enjoy the benefits of spacious outdoor living with a spacious, private fenced backyard — perfect for entertaining, gardening, or simply unwinding in your own oasis. Built to Earth Advantage Platinum standards, this home delivers exceptional energy efficiency and sustainable design.Special Pricing Note: The listed price is available to buyers who qualify for Portland's SDC waiver program (household income of $140,280 or less and owner-occupancy required). Buyers who do not qualify will pay an additional $25,000. Don’t miss this opportunity to own a modern, eco-conscious home in a prime North Portland location. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10241446]

5465 N Fessenden ST, Portland
$269,999
1 Beds ⋅ 1 Baths ⋅ 466115840 MLS
!!!Open House Sunday, 6/21 from 11-1pm!!! Airy townhouse with an open flow at a new price!Welcome home to the perfect park side condo in St Johns! This house features great use of space while being easy to maintain, and it does not have neighbors above or below it, only one shared wall! Enjoy the remodeled kitchen with quartz counters, smart stainless steel appliances, pantry, cook's island, and a beautiful cut of Cathedral Park and the St. Johns bridge right outside the kitchen window. The living room brings comfort with a view over the balcony to the courtyard and neighborhood hummingbirds. Updated bathroom provides calm vibes with cool color tones, floating shelving, vanity lights, and medicine cabinet for extra storage. The bedroom comes with built in shelving for ample closet space. The loft, with views of the park and bridge, creates flexibility for an office or zen space. The upstairs W/D combo allows for convenience when doing laundry. The house stays comfy during the colder months with the electric fireplace and zoned heating. Parking is easy with the attached garage, and it has extra depth for storage and potential gym space. New garage door opening system installed May 2026, warranty included. Come enjoy the lightness of this condo while partaking of St Johns' offerings, great restaurants, bars, the river, the bridge, the park, and Cathedral Park Jazz Fest. The perfect nook here in Portland. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10165119]

8655 N CRAWFORD ST, Portland
$1,799,900
24513832 MLS
Don’t miss this incredible chance to expand your portfolio with 5 beautifully designed detached homes, each featuring 2 bedrooms and 2.1 baths, located in the highly desirable St. Johns neighborhood. These impeccably crafted residences are just 0.3 miles from an array of amenities, including coffee shops, grocery stores, parks, and trendy restaurants. Each home boasts an open-concept layout that is perfect for modern living. You’ll be impressed by the kitchens, showcasing warm cabinetry, stunning tilework, sleek black finishes, and gleaming stainless steel appliances. The seamless flow from the kitchen to the dining area and living room makes these homes ideal for entertaining or simply enjoying time with loved ones. Each living room opens to a private yard space, enhancing outdoor enjoyment. Upstairs, discover spacious primary suites and additional bedrooms, all drenched in natural light from lofty ceilings and expansive windows. Invest confidently in this new construction, complete with a 1-year builder warranty from a 2025 Builder of the Year award winner and respected multi-year Street of Dreams builder. This is a fantastic opportunity to bolster your investment portfolio in a thriving community.

6917 N Bank ST, Portland
$319,900
2 Beds ⋅ 2 Baths ⋅ 24568304 MLS
No money down, 100% financing options available! Welcome home. I offer a fresh approach to detached new construction in St. Johns, pairing modern design with an accessible path to homeownership. Unlike many other new construction homes, I am not a condo and have no HoA. You own the underlying lot outright and have no additional monthly dues to worry about. Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, I showcase elevated finishes, abundant natural light, and an efficient use of space. Step inside to a bright, open main level designed for everyday living and easy entertaining. My kitchen features warm cabinetry, solid surface countertops, designer tilework, sleek black accents, stainless steel appliances, and an eat bar that connects seamlessly with the dining and living areas. A sliding glass door extends the living space outdoors to a private fenced yard, ready for pets, gardening, outdoor dining, or quiet evenings at home. Upstairs, lofty ceilings and expansive windows enhance both bedrooms. My primary suite offers a private ensuite bathroom, while the second bedroom provides flexibility for guests, a home office, or additional living space, with another full bath nearby. Efficient heating and cooling provide year round comfort. Step outside and enjoy a connected St. Johns lifestyle near Daydreamer Coffee and Public House, Taqueria Flores, El Coyote, Over Easy, Susy's Carniceria, and City Food Market, with Northgate Park and Fred Meyer also nearby. A one year builder warranty provides added peace of mind. My list price reflects buyer eligibility for the Portland Housing Bureau System Development Charge exemption program, a City of Portland affordable housing initiative designed to support more accessible new construction housing for qualifying buyers.

6909 N Bank ST, Portland
$339,900
2 Beds ⋅ 2 Baths ⋅ 24342814 MLS
No money down, 100% financing options available! Discover thoughtfully designed new construction in the heart of St. Johns, where modern finishes, efficient use of space, and everyday convenience come together. Unlike many other new construction homes, this is not a condo and has no HOA. You own the underlying lot outright and have no additional monthly dues to worry about. Built by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, this detached home reflects a commitment to quality craftsmanship and elevated design. Step inside to an open main level filled with natural light, where the living and dining areas flow seamlessly into a beautifully finished kitchen with warm cabinetry, solid surface countertops, designer tilework, sleek black accents, stainless steel appliances, and an eat bar. A sliding glass door extends the living space outdoors to a private fenced yard, creating an easy setting for pets, gardening, outdoor dining, or quiet evenings at home. Upstairs, lofty ceilings and expansive windows enhance both bedrooms. The primary suite offers a private ensuite bathroom, while the second bedroom provides flexibility for guests, a home office, or additional living space, with another full bath nearby. Enjoy the connected St. Johns lifestyle near Daydreamer Coffee and Public House, Taqueria Flores, El Coyote, Over Easy, Susy’s Carniceria, City Food Market, Northgate Park, and Fred Meyer. A one year builder warranty provides added peace of mind. My list price reflects buyer eligibility for the Portland Housing Bureau System Development Charge exemption program, a City of Portland affordable housing initiative designed to support more accessible new construction housing for qualifying buyers.

6921 N Bank ST, Portland
$1,899,000
22390670 MLS
Fully leased, income-producing 7-unit multifamily asset in North Portland, well suited for a 1031 exchange buyer seeking stable cash flow, diversified unit mix, and modern construction in a single acquisition. The property includes six newer-construction condominium residences plus a detached single-family home, offering multiple income streams and reduced operational concentration risk. The newer units feature efficient, renter-driven open-concept layouts with contemporary finishes, solid surface countertops, modern cabinetry, and neutral design selections that support strong leasing performance and long-term tenant retention. Unit mix ranges from studio to three-bedroom residences, allowing exposure to a broad tenant base and resilience across market cycles. The detached two-bedroom home includes a basement providing substantial storage and functional flexibility, enhancing tenant usability and operational convenience. The property is fully occupied, allowing an investor to step directly into stabilized income with no lease-up exposure. Located near the Cathedral Park neighborhood, one of North Portland’s most recognizable and tenant-favored areas, known for its riverfront setting beneath the iconic St. Johns Bridge, expansive green space, community events, and strong neighborhood identity that consistently drives rental demand. The location offers approximately 1.5 miles to Cathedral Park itself, under 1 mile to Pier Park and Columbia Park, and convenient access to dining, neighborhood retail, and services along N Lombard Street within roughly 0.75 miles. A 94 Bike Score and 91 Walk Score, nearby transit options, and proximity to employment centers and outdoor amenities further support long-term tenant appeal and durable rental performance. A rare opportunity to acquire a turnkey, stabilized multifamily investment combining modern construction, diversified income, and one of North Portland’s most sought-after neighborhood settings in a single cohesive package.

7206 N SAINT LOUIS AVE, Portland
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