Duplex Residential Income Property

7040 N LOMBARD St, Portland, OR 97203

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For Sale

$549,900

MULTI_FAMILY - Portland, OR

Lot size:

0.12 Acres

HighLights

Year built 1922 with forced‑air gas heat throughout
New roof on both buildings
Main house features LVP flooring in main areas, fresh carpet in both bedrooms, and fresh interior paint
Main house includes a gas fireplace in the living room plus gas water heater
Both units include gas heat and gas water heater, and come with a washer, dryer, refrigerator, and free‑standing range
Roof is composition

We can help!

Listing Contact

Jeffrey Whiting

For Sale

$549,900

MULTI_FAMILY - Portland, OR

Lot size:

0.12 Acres

Added:: Jun 2, 2026
Days on Market:: 16
Last Refresh:: Jun 17 at 7:06 am

Property Features for 7040 N LOMBARD St

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: CG
Bedrooms: 3
Bathrooms: 2
Rooms: Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
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

Utilities

Heating system: Forced Air

Building Details

Year built: 1922
Floors in Building: 1
Number of units: 2
Roof type: Composition

We can help!

Listing Contact

Jeffrey Whiting

Listing agent Jeffrey Whiting License #200104241

Listing office John L. Scott 1800 NW 167th Pl Ste 100, Beaverton, OR

Listing date Jun 2, 2026

MLS# 590436269 Listing URL

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.

HighLights

Year built 1922 with forced‑air gas heat throughout
New roof on both buildings
Main house features LVP flooring in main areas, fresh carpet in both bedrooms, and fresh interior paint
Main house includes a gas fireplace in the living room plus gas water heater
Both units include gas heat and gas water heater, and come with a washer, dryer, refrigerator, and free‑standing range
Roof is composition

Overview

This for-sale duplex consists of two separate houses on one property, each with its own gas heat and gas water heater. A new roof has been installed on both buildings. The main house features LVP flooring throughout the main areas, fresh carpet in both bedrooms, and fresh interior paint. Living space includes a gas fireplace, with forced air gas heat. The smaller house includes hardwood flooring in the main living area, with carpet in the bedroom.

Both units are equipped with a washer, dryer, refrigerator, and a free-standing range, supporting convenient, tenant-ready setups. The property is zoned CG (neighborhood commercial).

Designed for buyers seeking a duplex-style residential income arrangement, the layout provides two self-contained units with consistent utility and appliance packages. Updates like the new roof and the refreshed interior finishes in the main house help reduce near-term maintenance concerns while maintaining a practical, turnkey profile for occupancy.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.740054
Latitude: 45.587167

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For sale
Duplexes
OR
Portland
97203
7040 N LOMBARD St

What type of property is this?

Duplex - A two-house duplex with updated roofing and gas utilities, offering in-unit laundry and appliances in each unit.

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 $549,900.

What are key features of this property?

This property features: Year built 1922 with forced‑air gas heat throughout; New roof on both buildings; Main house features LVP flooring in main areas, fresh carpet in both bedrooms, and fresh interior paint

7040 N LOMBARD St, Portland, OR 97203

MULTI_FAMILY - Portland, OR

Property Features for 7040 N LOMBARD St

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Community

Single-Level Fourplex with Garages

Detached Cottage Multifamily Portfolio

Modern 4-Unit Residential Property

New Construction Cottage Portfolio

New Multifamily Investment by Park

Versatile Commercial Property with Warehouse

1907 Duplex with Separate Entrances

Mixed-Use Development Fixer

Rose City Park Multifamily Investment

New Cottage Homes in Beaumont-Wilshire

Four-Unit Residential Income Property

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