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Listed by Opt
$865,000
Est. payment /mo
3,020 SqFt
New
2315 N LOMBARD ST Portland, OR 97217
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,020 sqft
Price per Sqft $286
Subdivision North Portland
MLS Listing ID 166298703
Year Built 1996
Annual Tax Amount $10,172
Tax Year 2025
Lot Size 4,791 Sqft
Property Description
A standout opportunity in the heart of North Portland's sought-after Kenton neighborhood, this well-maintained 4-plex offers the perfect combination of location, versatility, and investment potential. Built in 1996, the property features four spacious units with open, functional floor plans, including (2) 2-bedroom, 1-bath units and (2) 1-bedroom, 1-bath units. Each residence has its own covered front porch or deck, creating a welcoming sense of privacy and outdoor space. The property is currently occupied by long-term, stable tenants, offering an established rental history and added appeal for investors seeking an income-producing property. Around back, a paved and fully fenced parking area provides dedicated off-street parking for four vehicles, a huge bonus in this popular neighborhood. The building's nicely kept condition makes this an appealing option for investors looking to add a strong multifamily property to their portfolio or an owner-occupant ready to live in one unit while generating income from the others. Just six blocks from downtown Kenton and close to neighborhood restaurants, shops, parks, and everyday amenities, this is a fantastic chance to own a multifamily property in one of North Portland's most vibrant and desirable communities.
Location
State OR
County Multnomah
Area _141
Zoning R1
Interior
Heating Zoned
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Peninsula
Middle Schools Ockley Green
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://mls.ricoh360.com/688d1317-2627-4482-9f13-0b08b3479056

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