9404 N LOMBARD ST

Portland, OR 97035
Square Ft.
4,450
$1,500,000
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 withRead MoreRead Less
Listing courtesy of Constant Commercial Real Estate Inc.
Listing Snapshot
Days Online
9
Last Updated
Square Ft.
4,450
Year Built
1964
MLS Number
719178355
30 Days Snapshot Of 97035
$1,128k
+29%
(avg) sold price
23
+4%
homes sold
77
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Concrete
Building
Building Area Total: 4450, Built in 1964, Storage: None, Stories: 1
Expenses
Operating Expense: $38,401
Exterior Features
Exterior Description: CementSiding
Heating
Heating: WallHeater
Income
CAP Rate: 5.13, Gross Income: $121,140, Gross Rent Multiplier: 12.38, Net Operating Income: $76,931
Lot
Features: CornerLot, Size Range: SqFt10000to14999, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner, RentRecords
Parking
Features: Assigned, OffStreet
Property
Number Of Units Total: 6, Property Condition: UpdatedRemodeled, Zoning: RM2
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $14,624, Legal Description, Tax Year: 2024
Unit Two
Actual Rent: $1,945, Area: 850, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 3 total bedroom
Unit Three
Actual Rent: $1,630, Area: 850, Features: Disposal, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 3 total bedroom
Unit Four
Actual Rent: $1,895, Area: 850, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 3 total bedroom
Unit Five
Actual Rent: $1,585, Area: 700, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Six
Actual Rent: $1,330, Area: 600, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Seven
Actual Rent: $1,295, Area: 600, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Erika George and Kari McGee
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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.
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.