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9300 N New York AVE, Portland
$1,779,400
118067984 MLS
Acquire a brand new townhome community in St. Johns, combining modern construction, private outdoor spaces and neighborhood convenience in a distinctive investment offering. A consistent layout across the community provides a practical foundation for leasing and property oversight. Open main levels connect kitchens, dining and living areas, while ample windows welcome natural light. Heating and air conditioning via energy efficient mini splits provide comfort throughout the seasons, while contemporary finishes and upstairs laundry hookups add everyday convenience and tenant appeal. Tray ceilings and private primary ensuites add architectural detail and comfort, while fenced patios and yard spaces extend the living experience outdoors. An end home offers a larger yard that wraps around the home, creating an additional point of distinction when leasing. The walkable, bike friendly setting places neighborhood coffee shops, independent stores, dining and food carts nearby. Cathedral Park and Pier Park provide outdoor recreation, while the St. Johns Bridge connects to Forest Park and Northwest Portland. New construction and builder warranty coverage add appeal for investors seeking modern housing with fewer immediate renovation needs. Every detail reflects the vision of a multi-year Street of Dreams builder, blending elevated design with everyday livability and backing every home with an exceptional warranty. This is how your home was meant to be.

9300 N New York AVE, Portland

8045 N PRINCETON ST, Portland
$1,800,000
363113754 MLS
Princeton Court is a 10-unit apartment community at 8045 N Princeton St, two blocks off the St. Johns town center. Every unit is the same 810 SF two-bedroom, one-bath floor plan with in-unit laundry and dishwasher, and the property is 100% occupied on a mix of fixed-term and month-to-month leases. Tenants reimburse water, sewer, and trash, and the building carries an unusually low-maintenance shell: a Duro-Last flat roof with lifetime warranty, on-demand gas hot water, solar thermal panels, insulation, and energy-efficient windows.The trailing twelve months produced $133,936 of NOI, a 7.44% cap rate on the asking price with zero vacancy. The upside is already proven in-house: one unit rents at $1,858 while four sit between $1,449 and $1,500, so a buyer reaches the $1,850 market rent, 16.8% above the current average, through ordinary turnover rather than renovation risk. A non-revenue basement studio offers additional future income.

8045 N PRINCETON ST, Portland

8220 N EDISON ST, Portland
$1,650,000
177048273 MLS
8220-8236 N Edison Street is an attractive opportunity to acquire a well-located 9-unit multifamily asset in one of North Portland’s most walkable and character rich neighborhoods. Positioned in the heart of St. Johns, the property benefits from strong rental demand driven by the area’s neighborhood amenities and iconic views of the St.Johns Bridge.The property offers a desirable living environment with on-siteparking, bike storage, and shared laundry facilities in one of Portland’s most distinctive neighborhoods. Located just minutes from the St. Johns commercial district, tenants enjoy walkable access to local coffee shops, restaurants, parks, and everyday retail amenities. Cathedral Park, the Willamette River waterfront, and multiple transit options are all nearby, creating a highly livable, pedestrian friendlysetting that continues to attract a diverse renter base.For investors, this offers a stable multifamily investment in asupply constrained submarket with strong fundamentals. St. Johnscontinues to experience steady population growth and increasingdemand for well located rental housing. The property’s manageablescale, attractive neighborhood setting, and classic Portland character create an appealing opportunity for both seasoned investors and those seeking to enter the Portland multifamily market.8220 N Edison offers a combination of location, livability, and long term upside within one of Portland’s most distinctive neighborhoods.

8220 N EDISON ST, Portland

8309 8315 N DWIGHT AVE, Portland
$1,658,000
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

7206 N SAINT LOUIS AVE, 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

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 © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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