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7040 N LOMBARD ST Portland, OR $ 549,900
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7040 N LOMBARD ST
$ 549,900
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7040 N LOMBARD ST

Portland, OR, 97203
$ 549,900
Bedrooms3 Baths2.0

Monthly Estimate*

$ 3,386

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Multi-Family Home for sale in Portland, OR

for $549,900 with 3 bedrooms and 2 full baths. This home was built in 1922 on a lot size of 0.12.

New roof on both buildings. The main house has lvp flooring in the throughout the main areas with fresh carpet in both of the bedrooms and fresh interior paint through out. Gas fireplace in the living room, forced air gas heat, gas water heater, washer, dryer, refrigerator and dishwasher. Smaller house has hardwood flooring in the main living area with carpet in the bedroom.Both units have gas heat, gas water heater and come with a washer, dryer, refrigerator and free standing range. [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10248634]

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Multi-Family Active

Price

$ 549,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,189

Style

Lot Size

0.12

Year Built

1922

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

590436269
Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning CG
Year Built 1922
Stories Count 1
Tax Year 2025
Parcel Number R272637
Gross Income 900.0
County Multnomah
Net Operating Income 350.0
Operating Expense 6600.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions Located on the SE Corner of N. Lombard and N. Alma Ave
High School Roosevelt
City Portland
Number Of Units Total 2
MLS Area _141
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School James John
Tax Annual Amount 4189.12
Middle/Junior High School George
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SOUTH ST JOHNS BLOCK 5 LOT 1
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Interior
Basement CrawlSpace
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway OnStreet
Lot Features CornerLot
Water Source PublicWater
Total Parking 2.0
Exterior Description VinylSiding
Foundation Details ConcretePerimeter
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 7040
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* Excluded Features
List By
John L. Scott

Broker

jeffwhiting@johnlscott.com

Email

Affordability Calculator

$3,735
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$349
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
1949662 Elementary School
1949529 Middle School
Roosevelt High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/2/2026$549,900 Listed Price

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7040 N LOMBARD ST, Portland, OR, 97203 is a Multi-Family Home for sale at $549,900 with a lot size of 0.12. 7040 N LOMBARD ST has 3 bedrooms, 2.0 baths, and was built in 1922. The property's zip code is 97203 which is in Portland, OR

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