MLS# 24372828 – 1414 Se Lambert St, Portland, OR 97202 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Property Details and Features

Lot

Size Acres:

0.12

Features:

Level

Size Range:

SqFt5000to6999

Size Square Feet:

5,227

Size:

5,000 to 6,999 SqFt

Property Access

Road Surface Type:

Paved

Basement

Basement:

Finished,FullBasement,StorageSpace

Building

Building Area Total:

3348

Built in 1907

Storage:

Basement

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5,UnitTypeType6

Community

Community Features:

Laundry

Expenses

Operating Expense Scheduled:

26926

Operating Expense:

$26,926

Exterior Features

Exterior Description:

VinylSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

WallFurnace

Income

CAP Rate:

5.81

Gross Income:

$90,288

Gross Rent Multiplier:

12.07

Gross Scheduled Income:

$93,640

Net Operating Income:

$63,362

Net Scheduled Income:

66714

Listing

Contract Status Change Date:

2024-08-30

Days On Market:

Last Transaction Date:

2024-11-13 09:07:37

List Price:

$1,090,000

Listing Contract Date:

2024-08-30

Listing Id:

24372828

Mls Status:

Active

Modification Timestamp:

2024-11-13 09:07:37

On Market Date:

2024-08-30

Previous List Price:

$1,190,000

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_143

Subdivision Name:

SELLWOOD - WEST MORELAND

County Or Parish:

Multnomah

Miscellaneous

Investor Information:

AnnualPropertyOperationData,RentRecords

Parking

Features:

OffSite,Open

2 total parking spots

Property

Number Of Units Total:

Property Condition:

Approximately

Zoning:

Roof

Roof:

Composition

Schools

High School:

Cleveland

Middle Or Junior School:

Sellwood

Elementary School:

Llewellyn

Security Features

Features:

Entry

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$8,003

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,525

Area:

558

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$1,270

Area:

558

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$1,075

Area:

558

Features:

Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Four

Actual Rent:

$1,089

Area:

558

Features:

Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Five

Actual Rent:

$1,200

Area:

558

Features:

Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Unit Six

Actual Rent:

$1,140

Area:

558

Features:

Refrigerator

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity

Internet Service Type:

Cable

Water Source:

PublicWater

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1414 Se Lambert St Portland , OR 97202

Property Description

Description

Open House

Open House

Property Details and Features

Property Details and Features

Contact an Agent

John Wesley McPherson, Jr., CFA

Location

Street View

Nearby Schools

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