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2326 NE LOMBARD ST
Portland, OR 97211

Multifamily in Concordia / Portland / OR / 97211

$749,000

20% Min Down
Entire Building
4,480 Sqft
$167 / Sqft
Listed Jan 3rd, 2021, Built in 1969
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Common Charges
$0
Property Taxes
$6,743
Mortgage
$2,775
Total Monthly Payment
$9,518
Est. Rental Income
$1,506
Cap Rate
-8.39%
HopScore Analysis
HopScore Market Price:
$756,490
Difference from Asking Price:
$7,490
Closest Comparable:
None Found
Description
This well maintained Large Concordia area Town Home style 4 plex is perfect for a seasoned investor or a first time owner. Each unit is 1120 square feet. All are 2 bedroom and 1 1/2 baths. Updates include newer vinyl windows and flooring, extra insulation, interior paint. Gross rent multiplier is only 12.31 and the CAP Rate is 6.54. Long term tenants. All tenants are current on rent in spite of rent moratorium due to COVID. Possibility for an owner occupied scenario.

The manager has listed the unit size as 4480 square feet.
Features & Amenities
Basement
Dishwasher
Range
Refrigerator
Window Unit(s) A/C
Exterior: Aluminum Siding
Baseboard
Listed By
Daniel Goss
(503) 819-4425
Oregon Realty Company
Price History
Date Event Price Source
2021-03-04 Price Drop $749,000 Listing Records
2021-02-23 Price Drop $750,000 Listing Records
2021-02-08 Price Drop $751,000 Listing Records
2021-02-01 Price Increase $756,000 Listing Records
2021-01-26 Price Drop $755,000 Listing Records
2021-01-20 Price Increase $759,250 Listing Records
2021-01-17 Price Drop $759,000 Listing Records
2021-01-03 Listed $769,000 Listing Records
Want to find out who owns 2326 NE LOMBARD ST? Get detailed property transactions, assessments, mortgage info.
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Nearby Schools

(within attendance boundary)
Faubion Elementary School  •  0.38 mi
2930 Ne Dekum St, Portland, OR 97211
Public  •  Elementary  •  Grades PK to 8
Portland School District 1j
2231 N Flint, Portland, OR 97227
Public  •  Middle School  •  Grades 6 to 8
Portland School District 1j
Jefferson High School  •  1.74 mi
5210 N Kerby Ave, Portland, OR 97217
Public  •  High School  •  Grades 9 to 12
Portland School District 1j
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
Room By Room Floorplans and Photos
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Comparable Apartments for Rent
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