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1414 SE LAMBERT ST Portland, OR $ 900,000
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1414 SE LAMBERT ST
$ 900,000
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1414 SE LAMBERT ST

Portland, OR, 97202
$ 900,000
Bedrooms8 Baths6.0 Sq 4,348

Monthly Estimate*

$ 5,541

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Multi-Family Home for sale in Portland, OR

for $900,000 with 8 bedrooms and 6 full baths. This 4,348 square foot home was built in 1907 on a lot size of 0.12.

Stabilized Sellwood 6-plex at $150,000/unit with 100% occupancy, professional management, newer plumbing, shared laundry, storage, and a highly walkable location near SE 13th, West Moreland, transit, parks, and Springwater Corridor. Current cap rate: 5.7%. Market-rent upside: $1,467/month. Current NOI: $51,324. Pro forma NOI: $68,600. Ideal for investors seeking a low-vacancy close-in Portland asset with long-term rental demand.

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Multi-Family Active

Price

$ 900,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 8,633

Style

Lot Size

0.12

Year Built

1907

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

289486381
Features
General
Sewer PublicSewer
Heating WallFurnace
Roof Composition
Zoning R5
Security Features Entry
Year Built 1907
Stories Count 3
Tax Year 2025
Parcel Number R219342
Gross Income 75996.0
Community Features Laundry
County Multnomah
Net Operating Income 51324.0
Operating Expense 24672.0
Property Type MultiFamily
HOA N
Subdivision Name SELLWOOD - WEST MORELAND
Rent Includes Sewer TrashCollection Water
Status Active
Directions North of Tacoma on 13th Right on Lambert
High School Cleveland
City Portland
Disclosures Exempt
Number Of Units Total 6
MLS Area _143
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional
Elementary School Llewellyn
Tax Annual Amount 8633.16
Middle/Junior High School Sellwood
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description MILLERS ADD BLOCK 12 LOT 18
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Interior
Basement FullBasement StorageSpace
Storage Basement
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 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit 5 Beds Total 1
Unit 6 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6
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Exterior
Parking Features OffSite Open
Lot Features Level
Water Source PublicWater
Total Parking 2.0
Exterior Description MetalSiding
Foundation Details ConcretePerimeter Slab
Building Area Total 4348.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 1414
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* Excluded Features
List By
Nexthome Realty Connection

Broker

Steve@NextHomePDX.com

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Affordability Calculator

$6,261
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,541
Monthly Property Taxes
$719
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
1948987 Elementary School
1948901 Middle School
Cleveland High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/30/2026$900,000 Listed Price

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1414 SE LAMBERT ST, Portland, OR, 97202 is a Multi-Family Home for sale at $900,000 with 4,348 sqft and a lot size of 0.12. 1414 SE LAMBERT ST has 8 bedrooms, 6.0 baths, and was built in 1907. The property's zip code is 97202 which is in Portland, OR

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