Cooper Realty LLC
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listing
1 of 20
Multifamily
$1,500,000
9404 N Lombard St
Portland, OR 97035
Listing Provided Courtesy of Constant Commercial Real Estate Inc
MLS: Regional Multiple Listing Service (RMLS)
4,450Sq Ft
Est. Mortgage
$7,843/mo

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!

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Information courtesy of Constant Commercial Real Estate Inc is subject to verification and is not guaranteed.
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