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1414 SE Lambert Portland, OR 97202

  • $900,000
  • 8 Beds
  • 6 Full Baths
  • 3,348 sq ft
  • Year Built: 1907
  • Multi-Unit
  • Listing #289486381

Property Description

Stabilized Sellwood 6-plex at $150,000/unit with 100% occupancy, professional management, newer plumbing, shared laundry, storage, and a highly walkable location near SE 13th, transit, parks, and Springwater Corridor. Current cap rate: 5.7%. Market-rent upside: $1,467/month. Current NOI: $51,324. Pro forma NOI: $68,600. Ideal for investors seeking a low-vacancy close-in Portland asset with long-term rental demand.

Listing Details

Price$900,000
Bedrooms8 Beds
Bathrooms6 Full Baths
Year Built1907
Property TypeMulti-Unit
Listing #289486381
StatusActive
Listing TypeFor Sale

Interior Features

Square Feet3,348

Exterior Features

Lot Size0.12

Community Information for Portland, OR 97202

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Community overview information from Home Junction Inc.

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