Duplex With Updated
For Sale
$529,900
7040 N LOMBARD St, Portland, OR 97203
MULTI_FAMILY - Portland, OR
Lot Size0.12 Acres
Days on Market63
Property Features for 7040 N LOMBARD St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
CG
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Elementary school
James John
Middle school
George
High school
Roosevelt
Directions
Located on the SE Corner of N. Lombard and N. Alma Ave
Subdivision
_141
Standard status
Active
APN
R272637
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
SOUTH ST JOHNS, BLOCK 5, LOT 1
Tax Annual Amount
4189
Legal Description
SOUTH ST JOHNS, BLOCK 5, LOT 1
Utilities
Heating system
Forced Air
Building Details
Year built
1922
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
John L. Scott
(503) 645-7433
Listed By:
Jeffrey Whiting · License #200104241
(503) 880-5484
Added: Jun 2
Changed: Aug 2
Last Checked: Aug 3 at 9:06AM
MLS# 590436269
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex includes two homes on a 0.12-acre lot, built in 1922. A new roof was installed on both buildings. Inside, the main house features LVP flooring in the main areas, fresh carpet in both bedrooms, and fresh interior paint throughout. The main living room includes a gas fireplace, with forced-air gas heat and a gas water heater. Appliances included with the main house are a washer, dryer, refrigerator, and dishwasher.
The smaller house offers hardwood flooring in the main living area, with carpet in the bedroom. Both units have gas heat and a gas water heater, and each unit includes a washer, dryer, refrigerator, and a free-standing range. The property is zoned neighborhood CG.
The buildings are covered by composition roofing, and the homes include bedrooms and bathrooms suitable for day-to-day residential living.
The smaller house offers hardwood flooring in the main living area, with carpet in the bedroom. Both units have gas heat and a gas water heater, and each unit includes a washer, dryer, refrigerator, and a free-standing range. The property is zoned neighborhood CG.
The buildings are covered by composition roofing, and the homes include bedrooms and bathrooms suitable for day-to-day residential living.
Key Highlights
- New roof on both buildings
- 0.12‑acre lot with duplex configuration
- Built in 1922 with composition roof
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Explore this area
Business Placement
Demographics for 97203, OR
33,763
Population
13,462
Households
2.5
Avg Household Size
34
Median Age
45%
College-Educated
90%
High-School Grad
10.8 sq mi
ZIP Area
3,126
Density / Sq Mi
$77,619
Median Household Income
$46,152
Median Earnings
$1,551
Median Rent
$468,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex zoned CG with a new roof, forced-air gas heat, and updated flooring, paint, and in-unit appliances.
Where is this duplex located?
The property is located at 7040 N LOMBARD St Portland, OR.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: New roof on both buildings; 0.12‑acre lot with duplex configuration; Built in 1922 with composition roof
