1414 SE LAMBERT ST, Portland, OR 97202
- $899,000
1414 SE LAMBERT ST, Portland, OR 97202
- $899,000
Overview
- 4348 Sqft
- 1907
- MultiFamily
- 126667965
- 0.12 Acres
- Cascade Hasson Sotheby's International Realty
- Jim McCartan
Description
Excellent investment opportunity in the heart of Sellwood-Westmoreland. This 6-unit property is offered at $899,000, or approximately $150,000 per unit, with a documented 2025 NOI of $51,324 and a 5.71% cap rate at list price. The unit mix includes two 2-bedroom/1-bath units and four 1-bedroom/1-bath units, with professional property management currently in place. The building offers shared laundry, basement storage, newer plumbing, and a level lot in one of Southeast Portland’s most desirable rental locations. Just blocks from the shops, restaurants and neighborhood amenities along SE 13th, with convenient access to transit, parks and the Springwater Corridor. Current rents provide additional upside as leases turn over, while the existing income offers investors an established operating history. A compelling opportunity to acquire a close-in Portland multifamily asset with six units, strong rental demand and long-term income potential.
Details
Updated on August 16, 2026 at 12:46 am-
MLS# 126667965
-
Price $899,000
-
Property Size 4348 Sqft
-
Land Area 0.12 Acres
-
Garage Size x x
-
Year Built 1907
-
Property Type MultiFamily
-
Property Status Active
-
Office Name Cascade Hasson Sotheby's International Realty
-
Agent Name Jim McCartan
-
Office Phone 503-335-9898
Additional details
-
Listing Terms Call Listing Agent, Cash, Conventional
-
Roof Composition
-
Sewer Public Sewer
-
Heating Wall Furnace
-
County Multnomah
-
Property Type MultiFamily
-
Parking Off Street
-
Elementary School Llewellyn
-
Middle School Sellwood
-
High School Cleveland
-
Community Features Laundry
Walkscore
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
PMI
-
Monthly HOA Fees
Contact Information
Similar Listings
- SingleFamilyResidence, Residential
- $475,000
- SingleFamilyResidence, Residential
- $1,499,000
- $1,599,000
- Condominium, Residential
- $539,500
- $550,000
The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion.
IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified. 
