2575 NW Lovejoy St, Portland, OR 97210

$1,649,950

Beds

Baths

0.21 ac

Property Size

1960

Year Built

About The Property

Discover an outstanding 100% occupied investment opportunity in the heart of Portland’s vibrant NW district, Nob Hill, two blocks to NW 23rd Avenue. This meticulously maintained 8-unit multifamily property with new roof 2023-2024 offers a blend of urban convenience and serene outdoor access, perfect for those seeking both city life and nature. Each unit designed with comfort in mind, featuring cozy fireplaces, private decks, with individual storage units catering to all your organizational needs.Eight on-site numbered parking spaces residents will appreciate, a rare find in this sought-after neighborhood. With convenient laundry facilities available on site, everyday living is made easy. Nestled moments away from the lush trails of Forest Park and with quick access to 23rd Ave. & downtown Portland’s bustling dining and entertainment scene, the location could not be better.Whether you are a seasoned investor or looking to expand your portfolio, this prime property promises consistent rental income potential in one of Portland’s trendiest locales. Please do not disturb Tenants, call for information.

ARCHITECTURE

Stories: 2
Condition: Existing
Year Built: 1960
Roof Type: Composition
Foundation Details: Concrete Perimeter
Basement Details: Exterior Entry, Storage Space

INTERIOR FEATURES

Heating Type: Zoned
Fuel Type: Electricity
Interior SqFt: 7182

EXTERIOR FEATURES

Lot Features: Corner Lot, Public Road
Lot size (Acres): 0.21
Zoning: RM3
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Chapman
High School: Lincoln
Middle: West Sylvan

TAX & FINANCIAL

Annual Tax: $22251.17
Terms Considered: Cash, Conventional
Tax Year: 2025

LISTING INFO

Listing courtesy of Kohler Meyers O’Halloran Inc.
Days On Market: 141

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 719905

Agents make every effort to ensure the accuracy of listing details; however, all buyers should conduct their own due diligence before making decisions. Neither the listing agent nor the brokerage shall be liable for errors, omissions, or outdated information. All data is provided as a service and is intended strictly for the personal, non-commercial use of potential buyers.

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Erik Leland