4 Plex and a house. All completely remodeled on the interior. Upside available with bringing rents up to market and updating the exterior. No tenant missed a payment through COVID. A true 5.5% Cap Rate.
Off market
$810,200
7330 NE Lombard St, Portland, OR 97218
7beds
5baths
2,852sqft
MultiFamily
Built in 1942
-- sqft lot
$810,200 Zestimate®
$284/sqft
$1,984 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 2,852 sqft
Property
Lot
- Size: 10,260 sqft
- Features: Level, Views
Details
- Parcel number: R210011
- Zoning: 701 RES
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Restored
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other financial information
- Total actual rent: 5055
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Forced Air
- RoadSurfaceType: Paved
- Appliances: Refrigerator, Electric Water Heater, Range
- HeatingYN: true
- Utilities: Natural Gas Connected
- NumberOfUnitsTotal: 5
- Roof: Composition
- LotFeatures: Level, Views
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Trash Collection
- OpenParkingYN: true
- ConstructionMaterials: Lap Siding
- ParkingFeatures: Open
- View: Territorial
- CapRate: 5.92
- PropertyCondition: Restored
- MlsStatus: Active
- FoundationDetails: Stem Wall
- CoListAgentEmail: andi@couveliving.com
- CoListAgentFullName: Andi Costello
- GrossIncome: 61267
- NetOperatingIncome: 41437
- OperatingExpense: 19830
- TaxAnnualAmount: 4067.07
- TotalActualRent: 5055
- Zoning: 701 RES
- Road surface type: Paved
Services availability
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Estimated market value
$810,200