2315 N LOMBARD ST, Portland, OR 97217

$865,000
3,020
SqFt

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List Price
$865,000
Days on Market
1
MLS#
166298703
Property Type
Multifamily
Sqft. of Residence
3,020
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland North
Status
ACTIVE

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.

Additional Information

Tax Amount
$10,172
Year Built
1996
High School
Jefferson
Elementary School
Peninsula
Middle School
Ockley Green
Acres
0.11
Living Area
3,020
Stories
2
Subdivision
North Portland
Lot Size Dimension
50' x 100'
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Zoned
Hoa Rent Includes
Trash Collection
Hot Water Description
Electricity, Tank
Exterior Description
Lap Siding, Vinyl Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Assigned
Security Or Entry
Security Gate
Parking Description
Assigned
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1395
Unit Type One Sq Ft
688
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1440
Unit Type Three Sq Ft
688
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
1625
Unit Type Four Sq Ft
765
Unit Type Four Units Total
1

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