1414 Southeast Lambert Street

Portland, OR 97202

$1,090,000
Price
Beds
3,348 Sq. Ft.
$326 / Sq. Ft.
3,348
Sq. Ft.
$326
per Sq. Ft.

Description

One of Portland's trendiest locations with multiple shopping and recreational attractions within blocks in all directions. West Moreland/Sellwood/East Moreland/Oaks Park/Springwater Corridor, just to name a few. 1 block to 13th, minutes to downtown. Fully occupied. Easy to rent any time of year. Newer plumbing throughout entire building 2019. Call for financials.One of Portland's trendiest locations with multiple shopping and recreational attractions within blocks in all directions. West Moreland/Sellwood/East Moreland/Oaks Park/Springwater Corridor, just to name a few. 1 block to 13th, minutes to downtown. Fully occupied. Easy to rent any time of year. Newer plumbing throughout entire building 2019. Call for financials.
  1. Listed by Steve Roesch • NextHome Realty Connection

Property Details for 1414 Southeast Lambert Street

Subdivision
SELLWOOD - WEST MORELAND
Parking Features
Off Site, Open
Zoning
R5
Parking Total
2.00
LISTING UPDATED: 11/13/2024 09:07 AM

Property Details for 1414 Southeast Lambert Street

StatusActive
MLS #24372828
Days on Market79
Taxes$8,003 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1907
Lot Size0.12 AC / 5,227 SF
CountyMultnomah County

Building Information for 1414 Southeast Lambert Street

Stories2Residences6Year Built1907Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 1414 Southeast Lambert Street

Summary
Location and General Information
  • Country: US
  • Directions: North of Tacoma on 13th, Right on Lambert
  • Road Surface: Paved
School Information
  • Elementary School: Llewellyn
  • High School: Cleveland
  • Middle Or Junior School: Sellwood
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $8,002.86
  • Parcel Number: R219342
  • Tax Legal Description: MILLERS ADD, BLOCK 12, LOT 18
Property
Lot Information
  • Acres: 0.12
  • Lot Description: Level
  • Lot Size Square Feet: 5227.0
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1907
Utilities
  • Fuel Description: Electricity
  • Heating Description: Wall Furnace
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Roof Type: Composition
Interior Features
  • Basement: Finished, Full Basement, Storage Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Gross Income Actual: $90,288.00
  • Gross Income Projected: $93,640.00
  • Gross Rent Multiplier: $12.07
  • Investor Information: Annual Property Operation Data, Rent Records
  • Net Income Actual: $63,362.00
  • Net Income Projected: 66714
  • Operating Expenses Projected: $26,926.00
  • Operating Expense: $26,926.00
  • Security Features: Entry
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6
  • Common Amenities: Laundry
  • SqFt Approximate Building Total: 3348
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator
  • Unit Type 1 Rent: $1,525
  • Unit Type 1 SqFt: 558.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator
  • Unit Type 2 Rent: $1,270
  • Unit Type 2 SqFt: 558.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Refrigerator
  • Unit Type 3 Rent: $1,075
  • Unit Type 3 SqFt: 558.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Refrigerator
  • Unit Type 4 Rent: $1,089
  • Unit Type 4 SqFt: 558
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Baths Decimal: 1.00
  • Unit Type 5 Beds Total: 1
  • Unit Type 5 Features: Refrigerator
  • Unit Type 5 Rent: $1,200
  • Unit Type 5 SqFt: 558.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 1
  • Unit Type 6 Baths Decimal: 1.00
  • Unit Type 6 Beds Total: 1
  • Unit Type 6 Features: Refrigerator
  • Unit Type 6 Rent: $1,140
  • Unit Type 6 SqFt: 558.0
  • Unit Type 6 Units Total: 1

Property History for 1414 Southeast Lambert Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1414 Southeast Lambert Street

Taxable ValueLand-Additions-Total-
Tax Record2023$8,003 ($667 / month)
Home Facts
Baths6Total Finished SqFt1,622 SqFtAbove Grade Finished SqFt1,622 SqFtStories1Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1907ZoningR5CountyMULTNOMAHAPN1S1E23CA 00300

Schools near 1414 Southeast Lambert Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Llewellyn Elementary School
PublicK to 5

Sellwood Middle School
Public6 to 8

Cleveland High School
Public9 to 12

Winterhaven School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1414 Southeast Lambert Street is a multi-family home for sale in Portland, OR 97202. This property was listed for sale on August 30, 2024 by NextHome Realty Connection, it's currently listed at $1,090,000. It has been on the market for a total of 79 days and was last sold on August 28, 2015. This listing's school district is Portland School District 1j. Nearby schools include Llewellyn Elementary School, Sellwood Middle School and Cleveland High School. 1414 Southeast Lambert Street is a 0-bed, 0-bath, 3,348 sqft multi-family home built in 1907.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Realty Connection

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 11/13/2024 09:07 AM