- ADDRESS:
- 9404 N LOMBARD ST Portland, OR 97035
- Price:
- $1,500,000
- Units:
- 6
- Unit 1:
-
3 Bed
1.0 Bath
$1,945/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - Unit 2:
-
3 Bed
1.0 Bath
$1,630/mo
Features: Disposal, Range, Refrigerator, Washer/Dryer - Unit 3:
-
3 Bed
1.0 Bath
$1,895/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - Unit 4:
-
2 Bed
1.0 Bath
$1,585/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - Unit 5:
-
1 Bed
1.0 Bath
$1,330/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - Unit 6:
-
1 Bed
1.0 Bath
$1,295/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - MLS#:
- 719178355
- Lot Size:
- 10,000 to 14,999 SqFt
- Type:
- Multi
- Zone:
- RM2
- Yr Built:
- 1964
- Taxe/yr:
- $14,624.00
- County:
- Multnomah
- Status:
- Active
- Levels:
- 1
- Heat:
- WallHeater
- Elem:
- Sitton
- Middle:
- George
- High:
- Roosevelt
- Lot Desc:
- Corner Lot
- Area:
- Portland North
- Courtesy of:
- Constant Commercial Real Estate Inc
- Remarks:
- Exceptional 6-unit multifamily opportunity in the vibrant St. Johns neighborhood! This turnkey asset features a desirable mix of one, two, and three-bedroom units, all renovated within the last six years with modern upgrades, including new kitchens, flooring, vinyl windows, and fresh interior and exterior paint. Each unit is equipped with washer/dryer hookups and off street assigned parking. The property is platted as individual condominiums, providing future flexibility. A new roof (2022) and newer stainless steel appliances enhance long-term durability and appeal. Located in a prime area with easy access to major employers, dining, shopping, public transportation, and downtown Portland, this property ensures strong rental demand. The gross monthly income of $9,680 plus $415 in utility bill-backs delivers a solid cash flow, with assumable financing (3.47%!) available for qualified buyers. Don’t miss this rare opportunity to acquire a well-maintained, income-generating asset in one of Portland’s most sought-after rental markets!