• Primary Photo - Meridian 40

Meridian 40

1524 NE 40th Ave, Portland, OR 97232

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Meridian 40
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Highlights

  • Walker's Paradise
  • Controlled Access
  • Balcony
  • Patio

About Meridian 40

Introducing BRAND NEW modern designed and flawlessly executed apartments at MERIDIAN 40, located at 1524 NE 40th Ave in the Hollywood District. *Please refer to the floor plan photo shown for the exact layout.* Apply after touring and receive a 4-week free rental concession. MERIDIAN 40 offers studio and one-bedroom floor plans, ranging between 292 to 594 square feet, designed to maximize usable space and natural light. Proudly minimalistic, each home features an in-unit washer/dryer, stainless steel appliances, and various layouts to fit your interior design needs. A majority of the apartments have private balconies! TRANSPORTATION WALLET: Each new resident will receive a FREE Transportation Wallet ($200 value - $100 Biketown bike share credit, and $100 Trimet Hop Card)! The building also features storage space that can be yours for an additional fee. FAIR REGULATIONS: *This property is not an Accessible Dwelling Unit *Applications accepted on 12/9/2023 after 5 pm *$58 non-refundable screening fee *Screening Criteria can be found on our Sleep Sound Property Management website. APPLY IN 3 STEPS 1. Schedule a showing online via our tour company Showdigs. 2. View the property or have a proxy view the property on your behalf. 3. Apply online on our website, Sleep Sound Property Management. NOTE: Applications are processed first-come, first-serve. You must complete steps (2) and (3) for the application to be valid. Utilities Paid by Resident: $90/mo. covers water, sewer, and garbage. Electricity is based on consumption. PETS: Dogs and cats are accepted upon approval, and subject to breed restrictions. INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED. CONCESSIONS SUBJECT TO CHANGE. INTERNAL USE Team: Blue Ad: JK Photos: V V: 20231206V1

Meridian 40 is an apartment community located in Multnomah County and the 97232 ZIP Code. This area is served by the Portland School District 1j attendance zone.

Community Amenities

Controlled Access

Recycling

24 Hour Access

Storage Space

  • Wi-Fi
  • Controlled Access
  • 24 Hour Access
  • Recycling
  • Storage Space

Apartment Features

Washer/Dryer

Dishwasher

High Speed Internet Access

Granite Countertops

  • High Speed Internet Access
  • Washer/Dryer
  • Heating
  • Smoke Free
  • Tub/Shower
  • Dishwasher
  • Granite Countertops
  • Stainless Steel Appliances
  • Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Vinyl Flooring
  • Balcony
  • Patio

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Location
1524 NE 40th Ave, Portland,
OR 97232
Get Directions
Neighborhood

Named for the historic Hollywood Theater in its center, the Hollywood neighborhood in northeast Portland lies close to downtown for a quick commute. A short walk takes residents to a busy commercial area full of shopping, dining, and entertainment options. A few blocks west, spacious Grant Park provides trails for strolling or jogging within reach of your apartment.

For an afternoon snack, sip some freshly brewed coffee and munch on a bagel at the Nectar Cafe. If you crave Asian cuisine, check out the popular Bluefin Sushi Bar. After dark, head to Moon and Sixpence British Pub and try their British fare.

Learn more about living in Hollywood 
Average Prices by Area

Compare neighborhood and city base rent averages by bedroom.

Hollywood Portland, OR
Studio $1,223 $1,246
1 Bedroom $1,487 $1,516
2 Bedrooms $1,880 $1,811
3 Bedrooms - $2,106
Education
Colleges & Universities Distance
Colleges & Universities Distance
Concordia University-Portland
Drive: 10 min 3.2 mi
Pacific Northwest Coll. Of Art
Drive: 8 min 3.6 mi
Portland Community College
Drive: 10 min 3.7 mi
Portland C.C., Cascade Campus
Drive: 9 min 5.3 mi
Meridian 40 is within 10 minutes or 3.2 miles from Concordia University-Portland. It is also near Pacific Northwest Coll. Of Art and Portland Community College.
Schools
Beverly Cleary School
Public Elementary & Middle School
Grades K-8
604 Students
Attendance Zone
Sabin Elementary School
Public Elementary School
Grades PK-5
312 Students
Nearby
Grant High School
Public High School
Grades 9-12
2,156 Students
Attendance Zone
All Saints School
Private Elementary & Middle School
Grades PK-8
467 Students
Nearby
Grades 9-12
42 Students
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology

Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation

Transportation options available in Portland include Lloyd Center/Ne 11Th, located 1.9 miles from Meridian 40. Meridian 40 is near Portland International, located 5.9 miles or 15 minutes away.

Transit / Subway Distance
Transit / Subway Distance
Lloyd Center/Ne 11Th
Drive: 4 min 1.9 mi
Hollywood/Ne 42Nd Ave Max Station
Drive: 4 min 2.2 mi
Ne 7Th
Drive: 5 min 2.2 mi
Ne 7Th & Halsey
Drive: 5 min 2.3 mi
Ne 60Th
Drive: 8 min 4.7 mi
Commuter Rail Distance
Commuter Rail Distance
Portland
Drive: 8 min 3.9 mi
Vancouver
Drive: 19 min 11.0 mi
Beaverton Transit Center (West Side Express)
Drive: 20 min 12.2 mi
Tigard Transit Center
Drive: 22 min 12.6 mi
Hall/Nimbus
Drive: 22 min 14.0 mi
Airports Distance
Airports Distance
Portland International
 Drive: 15 min 5.9 mi

Walkability Near Meridian 40

Getting Around
Exceptionally Walkable
Walkability
90 / 100
Strong Public Transit
Transit
80 / 100
Moderately Drivable
Drivability
60 / 100
Moderately Bikeable
Bikeability
60 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
Busy
Soundscore™
66 / 100

Traffic

Busy

Airport

Calm

Businesses

Active

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from Meridian 40.

Shopping Centers Distance
Shopping Centers Distance
Hollywood Crossing
Walk: 3 min 0.2 mi
39th & Sandy Shopping Center
Walk: 3 min 0.2 mi
Hollywood Market Square
Walk: 4 min 0.2 mi
Meridian 40 has 3 shopping centers within 0.2 mile, which is about a 4-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Grant Park and Beverly Cleary Sculpture Garden
 Walk: 12 min 0.7 mi
Laurelhurst Park
 Drive: 3 min 1.1 mi
Rose City Park
 Drive: 5 min 1.4 mi
Rosemont Bluff Natural Area
 Drive: 4 min 2.0 mi
Mt. Tabor Park
 Drive: 10 min 3.0 mi
Meridian 40 has 5 parks within 3.0 miles, including Grant Park and Beverly Cleary Sculpture Garden, Laurelhurst Park, and Rose City Park.
Hospitals Distance
Hospitals Distance
Providence Portland Medical Center
Walk: 15 min 0.8 mi
Legacy Emanuel Medical Center
Drive: 8 min 3.8 mi
Legacy Good Samaritan Medical Center
Drive: 11 min 5.8 mi
Meridian 40 has 3 hospitals within 5.8 miles, the nearest is Providence Portland Medical Center which is 0.8 mile away and a 15 minute walk.
Military Bases Distance
Military Bases Distance
Portland Airport Air Guard Station
Drive: 12 min 4.6 mi
Camp Bonneville Military Reservation
Drive: 39 min 23.0 mi
Meridian 40 is 4.6 miles from Portland Airport Air Guard Station, and is convenient to other military bases, including Camp Bonneville Military Reservation.

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