6037 Lambert St Portland, OR 97206
- Residential income homes
- 3,905 SF
Current Use by Public Records
- Residential income homes
Property Details for 6037 Lambert St
- Year built
- 2023
- Property size
- 3,905 SF
- Property type
- Residential income homes
- Property subtype
- Dormitories
Description
This exceptional new construction fourplex in Portland, Oregon's desirable Southeast neighborhood presents a compelling investment opportunity. The property boasts four meticulously designed, two-bedroom, two-and-a-half-bathroom units, each ranging from 945 to 1062 square feet. High-end finishes and modern architecture are showcased throughout, featuring hard surface flooring, fireplaces, and in-unit washer/dryer hookups. Residents will enjoy spacious fenced yards or patios, along with the comfort of air conditioning. The building's prime location offers a phenomenal BikeScore of 91, providing easy access to the area's vibrant shops, cafes, and parks. Built in 2023, this property benefits from a builder's warranty and a 15-year rent control exemption, ensuring low maintenance and long-term stability. The total square footage is 3,905, with an asking price of $1,390,000, resulting in a price per square foot of $355.95 and a price per unit of $347,500. This is a turnkey investment ready for immediate income generation. The property is located at 6037 SE Lambert St, Portland, OR 97206.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.601
- Latitude
- 45.4675
