5340 SE LINCOLN ST Portland, OR $ 1,095,000
5340 SE LINCOLN ST
$ 1,095,000
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5340 SE LINCOLN ST

Portland, OR, 97215
$ 1,095,000
Bedrooms-- Baths-- Sq 2,080
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Property for Rent in Portland, OR

for $1,095,000. This 2,080 square foot property was built in 1913.

This is an amazing opportunity to own a charming mixed-use commercial and residential building in the desirable Mt. Tabor neighborhood. Originally constructed in 1913 and thoughtfully restored in 2012 with the addition of a second story, this property boasts a stunning 2 BR apartment on the second floor, featuring a modern & light-filled layout.The well-appointed kitchen has plenty of storage and counter space, numerous cabinets, double sinks, a new induction stove, and a newer dishwasher. It also includes a sit-at counter for a more social cooking experience. Both spacious Bdrm’s have wooden floors with the primary BR offering expansive corner windows that create a bright and inviting atmosphere. Designed for entertaining, the bright & open living area features large sliding glass doors that lead to a gorgeous deck—perfect for enjoying your morning coffee or hosting an afternoon wine and cheese happy hour, all while taking in breathtaking views of downtown PDX and spectacular sunsets. The professionally landscaped yard is a gardener's dream, with multiple custom raised beds & south and west-facing exposure. This outdoor space is perfect for those who appreciate both solitude & functionality in their garden. The street-level commercial space, formerly a historic kayak museum and now occupied by Afterglow Pottery Studio, features an open layout with 11-foot ceilings and excellent street appeal. Floor-to-ceiling windows flood the space with natural light & provide great opportunities for window advertising and browsing. The vertical wood support posts are purely decorative, adding to the aesthetic charm.This space also includes a 1/2 bath & a basement for storage. This building features a new foundation, heat pump & fresh exterior paint. Additionally, the entire property is equipped with a sprinkler system for enhanced safety. There are so many opportunities for this neighborhood gem. Don’t miss the chance to make this remarkable property your own!

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Rental Active

Price

$ 1,095,000

Taxes

$ 8,864

Style

Income

Year Built

1913

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

471308957

Features
General
Sewer PublicSewer
Heating HeatPump
Cooling HeatPump
Roof Flat Metal Other
Zoning R5
Construction Materials Concrete PartialBasement WoodSiding
Year Built 1913
Sale Includes Building
Stories Count 2
Property Subtype Income
Current Use Other
Parcel Number R174315
Gross Income 18000.0
County Multnomah
Operating Expense 11085.0
Property Type CommercialSale
HOA N
Status Active
Directions Corner of SE Lincoln & 53rd
City Portland
MLS Area _143
Listing Terms Cash Conventional
Tax Annual Amount 8864.62
Property Condition Existing
Lease Type YearsRemaining1to5
Standard Status Active
Accessory Dwelling Unit Y/N N
Leasehold Rent $/Mo 1500.0
Legal Description GROVELAND PK BLOCK 3 LOT 1
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Exterior
Parking Features OnStreet
Water Source PublicWater
Total Parking 0
Number of Buildings 1
Building Area Total 2080.0
Road Surface Type Paved
Other Equipment Sprinkler
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Internal Only
Street Number 1 5340
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* Excluded Features
List By
Neighborhood Works

Broker

joel@nworksrealty.com

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2026$1,095,000 Listed Price

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5340 SE LINCOLN ST, Portland, OR, 97215 is a Property for Rent at $1,095,000 with 2,080 sqft. 5340 SE LINCOLN ST was built in 1913. The property's zip code is 97215 which is in Portland, OR