Single-level duplex located on Lombard, the artery of NE Portland. Both units are currently rented at market rates - one side is on a 12-month lease and the other is month-to-month. Unit 2312 features an updated kitchen and new carpet throughout. 2314 has new carpet and Jacuzzi-style bathtub. Large shared backyard and carport for both units. Perfect opportunity for an FHA buyer looking to offset their mortgage with an income stream!
Off market
$509,540
2312-2314 NE Lombard St, Portland, OR 97211
4beds
1,645sqft
MultiFamily
Built in 1973
-- sqft lot
$-- Zestimate®
$310/sqft
$2,606 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Refrigerator
Features
- Window Coverings, Refrigerator, Storage, Washer/Dryer Hookup
- Windows: Window Coverings
- Basement: Crawl Space
Interior area
- Total interior livable area: 1,645 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Details: Carport
Features
- Exterior features: Other
Lot
- Size: 9,997 sqft
Details
- Parcel number: R191047
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1973
- Major remodel year: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Trash Collection
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- Zoning: R2
- InteriorFeatures: Window Coverings, Refrigerator, Storage, Washer/Dryer Hookup
- GarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 2
- CurrentFinancing: Conventional, FHA, Cash
- Roof: Composition
- StoriesTotal: 1
- NumberOfUnitsInCommunity: 2
- Utilities: Water Available, Sewer Available, Trash Collection
- Basement: Crawl Space
- ParkingFeatures: Carport
- YearBuiltEffective: 1973
- WindowFeatures: Window Coverings
- OtherParking: Carport
- OperatingExpense: 12000
- GrossIncome: 29400
- ExteriorFeatures: Locked
- GrossScheduledIncome: 30000
- CapRate: 4.40
- YearBuiltDetails: Remodeled
- MlsStatus: Active