$10,000 Closing Credit¹
#196289021, Gabrielle Enfield, Patricia LoCascio, Listing Office: Real Broker
$1,500,000 List price
9404 N Lombard St Portland, OR 97035
$10,000
Closing credit¹
4,450 sqft
$337 / sqft
House
Property details
About 9404 N Lombard St
Exceptional 6-unit multifamily opportunity in the vibrant St. Johns neighborhood! This turnkey asset features a desirable mix of one, two, and three-bedroom units, all renovated within the last six years with modern upgrades, including new kitchens, flooring, vinyl windows, and fresh interior and exterior paint. Each unit is equipped with washer/dryer hookups and off street assigned parking. The property is platted as individual condominiums, providing future flexibility. A new roof (2022) and newer stainless steel appliances enhance long-term durability and appeal. Located in a prime area with easy access to major employers, dining, shopping, public transportation, and downtown Portland, this property ensures strong rental demand. The gross monthly income of $9,680 plus $415 in utility bill-backs delivers a solid cash flow, with assumable financing (3.47%!) available for qualified buyers. Don’t miss this rare opportunity to acquire a well-maintained, income-generating asset in one of Portland’s most sought-after rental markets!
Highlights
Home typeOther
StatusActive
Size4,450 sqft
Year built1964
ParkingAssigned, Street Parking
MLS #719178355
Summary
- MLS Number: 719178355
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Constant Commercial Real Estate Inc
- Office Phone: (503) 222-0282
- Listing Agent: Cory Carlson, Rick Widman
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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/10/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,500,000
9404 N Lombard St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
6
Sitton Elementary School
Public District EE-5
0.4 mi
•9930 N Smith St
6
James John Elementary School
Public District KG-5
0.5 mi
•7439 N Charleston Ave
2
Rosa Parks Elementary School
Public District KG-5
2.3 mi
•8960 N Woolsey Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,226. The majority of Portland, OR residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
48%
<35k
40%
35k-100k
8%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
67%
Single, No Kids
8%
Single, with Kids
15%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
4%
12-17 yrs old
32%
18-34 yrs old
46%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Soccer
NBA/WNBA
Major League Soccer (MLS)
Where do the neighbors shop?
Forever 21
Express/Express For Men
Banana Republic
Where do the neighbors go to eat?
Dominos Pizza
Starbucks
Sonic
What do the neighbors drive?
Mazda
Pontiac
Infiniti
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary- Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 9404 N Lombard St
This home is located at 9404 N Lombard St in Portland, OR and zip code 97203 in the North Portland neighborhood. This 4,450 square foot home was built in 1964. Features: 0 bathroom. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $1,500,000.
In March 2025, from all listings sold in Portland, OR there were more than 260 sold above asking price, over 254 sold below and more than 174 were sold right at the asked price. The inventory of homes for sale in Portland, OR between February and March 2025 increased by 11.5%. The median list price of listings available in March 2025 was $547,107, while the average time on the real estate market was 58 days.
From Rocket Homes Real Estate and based on county public records data.