USAORPortlandSellwood - West Moreland1414 Se Lambert St
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New
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$899,000

For Sale

12 hours ago

1414 Se Lambert St, Portland, OR

House

MLS® 126667965

0 Bed

0 Bath

--

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $8,633
Days Active 1
Lot Size 0.12 Acres
Approx. Age 1907
MLS® Number 126667965

Property Address: 1414 Se Lambert St, Portland, OR, 97202-6064

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity in the heart of Sellwood-Westmoreland. This 6-unit property is offered at $899, 000, or approximately $150, 000 per unit, with a documented 2025 NOI of $51, 324 and a 5.71% cap rate at list price. The unit mix includes two 2-bedroom/1-bath units and four 1-bedroom/1-bath units, with professional property management currently in place. The building offers shared laundry, basement storage, newer plumbing, and a level lot in one of Southeast Portland's most desirable rental locations. Just blocks from the shops, restaurants and neighborhood amenities along SE 13th, with convenient access to transit, parks and the Springwater Corridor. Current rents provide additional upside as leases turn over, while the existing income offers investors an established operating history. A compelling opportunity to acquire a close-in Portland multifamily asset with six units, strong rental demand and long-term income potential.
MLS® Number126667965
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1907
BasementStorage Space
DrivewayOff Street
Garage Spaces
HeatWall Furnace
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 16, 2026List Date
$899,000List Price
  • Commute

Commute

Starting Address
Destination Address
1414 Se Lambert St, Portland, OR

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