2575 NW LOVEJOY ST Portland, OR $ 1,800,000
2575 NW LOVEJOY ST
$ 1,800,000
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2575 NW LOVEJOY ST

Portland, OR, 97210
$ 1,800,000
Bedrooms13 Baths8.0 Sq 7,182

Monthly Estimate*

$ 11,083

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Multi-Family Home for sale in Portland, OR

for $1,800,000 with 13 bedrooms and 8 full baths. This 7,182 square foot home was built in 1960 on a lot size of 0.21.

Discover an outstanding 100% occupied investment opportunity in the heart of Portland's vibrant NW district, Nob Hill, two blocks to NW 23rd Avenue. This meticulously maintained 8-unit multifamily property with new roof 2023-2024 offers a blend of urban convenience and serene outdoor access, perfect for those seeking both city life and nature. Each unit designed with comfort in mind, featuring cozy fireplaces, private decks, with individual storage units catering to all your organizational needs.Eight on-site numbered parking spaces residents will appreciate, a rare find in this sought-after neighborhood. With convenient laundry facilities available on site, everyday living is made easy. Nestled moments away from the lush trails of Forest Park and with quick access to 23rd Ave. & downtown Portland’s bustling dining and entertainment scene, the location could not be better.Whether you are a seasoned investor or looking to expand your portfolio, this prime property promises consistent rental income potential in one of Portland’s trendiest locales. Please do not disturb Tenants, call for information.

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Multi-Family Active

Price

$ 1,800,000

Bedrooms

13

Full Bath

8

Property Type

Multi-Family

Taxes

$ 22,251

Style

Lot Size

0.21

Year Built

1960

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

430280548

Features
General
Sewer PublicSewer
Heating Zoned
Roof Composition
Zoning RM3
Year Built 1960
Stories Count 2
Tax Year 2025
Parcel Number R171500
Gross Income 111700.0
Community Features Laundry
County Multnomah
Net Operating Income 38680.0
Operating Expense 72908.0
Property Type MultiFamily
HOA N
Subdivision Name NORTHWEST DISTRICT
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions NW 23rd to Lovejoy on corner of Lovejoy & Cornell
High School Lincoln
City Portland
Disclosures Disclosure
Number Of Units Total 8
MLS Area _148
Lot Size Square Feet 9147.0
Listing Terms Cash Conventional
Elementary School Chapman
Tax Annual Amount 22251.17
Middle/Junior High School West Sylvan
Property Condition Existing
Virtual Tour https://view.spiro.media/order/20e348f8-4450-4600-5534-08de6897cbb8?branding=false
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description GOLDSMITHS ADD BLOCK 15 TL 700
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Interior
Basement ExteriorEntry StorageSpace
Storage Basement IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit 5 Beds Total 2
Unit 6 Beds Total 1
Unit 7 Beds Total 1
Unit 8 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7 UnitTypeType8
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Exterior
Parking Features Assigned Paved
Lot Features CornerLot PublicRoad
Water Source PublicWater
Total Parking 8.0
Exterior Description Brick LapSiding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 7182.0
Lot Dimensions 9300sf
Lot Size Acres 0.21
Road Surface Type Paved
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Internal Only
Street Number 1 2575
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* Excluded Features
List By
Kohler Meyers O'halloran Inc.

Broker

colleen@kmorealestate.com

Email

Affordability Calculator

$12,937
Per Month
86%
14%
0%
Monthly Principal & Interest
$11,083
Monthly Property Taxes
$1,854
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949026 Elementary School
1948992 Middle School
Lincoln High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2026$1,800,000 Listed Price

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2575 NW LOVEJOY ST, Portland, OR, 97210 is a Multi-Family Home for sale at $1,800,000 with 7,182 sqft and a lot size of 0.21. 2575 NW LOVEJOY ST has 13 bedrooms, 8.0 baths, and was built in 1960. The property's zip code is 97210 which is in Portland, OR