2575 NW Lovejoy St, Portland, OR 97210
Fully occupied 8-unit multifamily property in Portland's NW district.
- Added:
- Feb 23, 2026
- Days on Market:
- 133
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 2575 NW Lovejoy St
General Information
- Standard status
- Active
- Size
- 7,182 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1960
Listing office Kohler Meyers O'Halloran (971) 288-9963
Listing date Feb 23, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Kohler Meyers O'Halloran
HighLights
- 100% Occupied Investment Property
- Prime Location in Portland's NW Nob Hill District
- New Roof (2023‑2024)
- Eight Units with Consistent Rental Income Potential
- Each Unit Features a Fireplace and Private Deck
- Individual Storage Units for Each Unit
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $176.7k | $24.60 |
| − Vacancy | −$9.0k | −$1.25 |
| EGI | $167.7k | $23.35 |
| − OpEx | −$75.4k | −$10.51 |
| NOI | $92.2k | $12.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.7044003
- Latitude
- 45.5299202
