1414 SE Lambert St, Portland, OR 97202

Portland
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
1414 SE Lambert St,Portland, OR 97202
$900,000
  • - Beds
  • - Baths
  • 4,348 sq. ft.
  • Multi-family
  • Active
Listed by: steve roesch
Office: nexthome realty connection971-212-9487
MLS#:289486381
Source:PORTLAND

Price summary

  • Price:$900,000
  • Price per sq. ft.:$206.99

About this home

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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Home facts

  • Year built:1907
  • Listing ID #:289486381
  • Added:89 day(s) ago
  • Updated:May 14, 2026 at 11:19 AM

Rooms and interior

  • Basement Description:Full Basement, Storage Space
  • Living area:4,348 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1907
  • Building area:4,348 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Level
  • Foundation Description:Concrete Perimeter, Slab
  • Levels:3 Stories

Schools

  • High school:Cleveland
  • Middle school:Sellwood
  • Elementary school:Llewellyn

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$900,000
  • Price per sq. ft.:$206.99
  • Tax amount:$8,633 (2025)

Parking

  • Total parking spaces:2
  • Parking description:Off Site, Open
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: May 14, 2026

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