6408 SE lambert Street Portland, OR $ 525,000
6408 SE lambert Street
$ 525,000
Recently Listed
Open House 5/30 10am - 12pm
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6408 SE lambert Street

Portland, OR, 97296
$ 525,000
Baths0.0 Sq 2,268

Monthly Estimate*

$ 3,233

Listed by Savi Realty
6408 SE lambert Street, Portland, OR 97296 - Image 1
6408 SE lambert Street, Portland, OR 97296 - Image 2
6408 SE lambert Street, Portland, OR 97296 - Image 3
6408 SE lambert Street, Portland, OR 97296 - Image 4
6408 SE lambert Street, Portland, OR 97296 - Image 5
Studio

Multi-Family Home for sale in Portland, OR

for $525,000. This 2,268 square foot home was built in 2014 on a lot size of 0.125.

This duplex is being offered as part of a 13-property, 43-unit residential portfolio that is 98% leased and primarily located in Southeast and Northeast Portland, and will be sold via Sealed Bid Auction on June 3, 2026.Built in 2014, this well-maintained duplex is located on the corner of SE Lambert and SE 64th in Portland’s Brentwood-Darlington neighborhood. The property is within walking distance to Lane Middle School, Brentwood-Darlington Community Center, and Brentwood Park, with convenient access to SE Woodstock, Eastmoreland, and Reed College. Each unit features three bedrooms, two bathrooms, and a private deck. The landlord maintains the grounds and covers landscaping, trash, water, and sewer. Projected 2026 gross income is $55,080, with real estate taxes of $6,522. One tenant has occupied their unit for two years, while the second tenant moved in December 2025.This property offers a strong opportunity for buyers seeking newer construction with stable income in a convenient Southeast Portland location.

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Open House

5/30/2026 10:00 AM - 12:00 PM
6408 SE lambert Street Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 525,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,522

Style

Duplex

Lot Size

0.125

Year Built

2014

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

2528793

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 2014
Property Subtype Multi Family
Tax Year 2025
County Multnomah
Net Operating Income 55480
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Oregon
Special Listing Conditions Auction None
Status Active
Directions SE 64th/Lambert
High School Cleveland High
City Portland
Senior Community Y/N N
High School District Portland Public
Number Of Units Total 2
MLS Area 2000 - Oregon
Lot Size Units Square Feet
Lot Size Square Feet 5445
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Whitman Elementary
Tax Annual Amount 6522.56
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks This duplex is being offered as part of a 13-property 43-unit residential portfolio that is 98% leased and primarily located in Southeast and Northeast Portland and will be sold via Sealed Bid Auctio
Leasable Area 2368
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 0.1
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Exterior
Exterior Amenities Cement Planked
Total Parking 1
Building Area Total 2268
Lot Size Acres 0.125
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 1
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Interior
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2528793
Street Number 1 6408
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* Excluded Features
List By
Gabe Terreson

Listing Agent

Savi Realty

Broker

Affordability Calculator

$3,776
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$544
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
5483053 Elementary School
5483055 Middle School
Cleveland High High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$525,000 Listed Price

Map


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6408 SE lambert Street, Portland, OR, 97296 is a Multi-Family Home for sale at $525,000 with 2,268 sqft and a lot size of 0.125. 6408 SE lambert Street is a studio with 0.0 baths and was built in 2014. The property's zip code is 97296 which is in Portland, OR