9404 N LOMBARD ST

Portland, 97035

  • 13 Bed

  • 6 Bath

  • 4450 SqFt

  • 42 DOM

  • Built: 1964

  • Status: Active

$1,475,000

Price cut: $25K (05-06-2025)

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9404 N LOMBARD ST

Portland 97035

$1475000

Price cut: $25K (05-06-2025)

  • 13 Bed

  • 6 Bath

  • 4450 SqFt

  • 42 DOM

  • Built: 1964

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

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 assumabl

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