Mike and Mark McHugh

Portland Home Finder Group

  • Listing status icon

    $3,924,000

  • Pending | MLS#: 17440494

1775 N LOMBARD ST Portland, OR 97217

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Overview

Brand new, condo-quality bldg with solid investment benchmarks. Rapid lease-up with no concessions shows high renter demand. Located in Historic Kenton along 99W/North Interstate corridor near N Lombard MAX station. This asset is positioned to capitalize on N. PDX's rapid redevelopment and jobs/population growth.All 18 1x1 (avg. 568 SF) include Stainless appliances, quartz Counter-tops, cherry cabinets,W/D, private patio/deck.

Listing provided courtesy of: Real Pro NW.com

General Features

  • Area Portland North
  • Bank Owned Y/N No
  • Capitalization Rate 5.09
  • Cooling Description Heat Pump
  • Country US
  • Fuel Description Electricity
  • Gross Income Actual 267991
  • Gross Rent Multiplier 14.64
  • Heating Description Forced Air
  • Hot Water Description Electricity, Tank
  • Net Income Actual 199837
  • Number Of Units Total 18
  • Occupancy Types Leased
  • Operating Expenses Actual 68155
  • Security Or Entry Limited Access,Security System
  • Sewer Description Public
  • Short Sale Y/N No
  • Stories 3
  • Subdivision Kenton
  • Tax Amount 25000.00
  • Terms Cash
  • Third Party Approval Y/N No
  • View Y/N No
  • Water Description Public
  • Year Built 2017
  • Year Built Description New Construction
  • Zoning CS

Building Features

  • Exterior Description Stone,Stucco
  • SqFt Approximate Building Total 10284
  • Unit Type1 Baths Total 1
  • Unit Type1 Beds Total 1
  • Unit Type1 Features Deck,Refrigerator,Washer/Dryer,Air Conditioning
  • Unit Type1 Rent 1215
  • Unit Type1 SqFt 541
  • Unit Type1 Units Total 6
  • Unit Type2 Baths Total 1
  • Unit Type2 Beds Total 1
  • Unit Type2 Features Deck,Refrigerator,Washer/Dryer,Air Conditioning
  • Unit Type2 Rent 1225
  • Unit Type2 SqFt 581
  • Unit Type2 Units Total 6
  • Unit Type3 Baths Total 1
  • Unit Type3 Beds Total 1
  • Unit Type3 Features Deck,Refrigerator,Washer/Dryer,Air Conditioning
  • Unit Type3 Rent 1295
  • Unit Type3 SqFt 581
  • Unit Type3 Units Total 6
  • UnitFeatures Deck,Refrigerator,Washer/Dryer,Air Conditioning
  • UnitTypeType 1,2,3

Room Features

  • Basement Foundation Slab
  • Legal Description KENTON, BLOCK 15, LOT 12&13
  • Limited Representation Y/N Limited Service

Property Features

  • Lot Size 5,000 to 6,999 SqFt
  • Property Category MultiFamily

Schools

Listing team photo

Mike and Mark McHugh

503-313-1802Meadows Group Inc., Realtors MEAO02

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Price & Status History

Days on Market

  • This property has been listed on the market for 21 days

Location

The property map location is: Accurate, based on Google's address match.
Listing team photo

Mike and Mark McHugh

503-313-1802Meadows Group Inc., Realtors MEAO02

Ask A Question

Community Demographics for Zip Code 97217 (Portland)

Housing Occupancy
  • Home Owners: 9,732 (53%)
  • Renters: 5,511 (30%)
  • Vacant: 2,963 (16%)
  • Total Housing Units: 18,206
Households
  • Average Household Size: 2.3
  • Housing Density (People per square mile): 2,745
Age Range (number of people)
  • Age 0-14: 7,206
  • Age 15-24: 3,619
  • Age 25-39: 5,496
  • Age 40-59: 10,040
  • Age 60-79: 7,592
  • Age 80+: 1,518
  • Total: 35,471

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 97217 (Portland)

Public Schools in Zip Code 97217 (Portland)

* This list of schools may not match the property above.

JEFFERSON HIGH SCHOOL 5210 NORTH KERBY AVE PORTLAND, OR 97217 Phone: 5039165180 6th-12th
Grade Size Distribution
  • 6th: 33
  • 7th: 47
  • 8th: 42
  • 9th: 132
  • 10th: 141
  • 11th: 120
  • 12th: 116
School Population
  • Teachers: 48
  • Students per Teacher: 13.1
  • Students: 631
  • Male/Female: 226/378
School District
  • PORTLAND SD 1J
  • 501 NORTH DIXON ST PORTLAND, OR 96227
  • Phone: 5039162000
District Population
  • Schools: 93
  • Full-Time Teachers: 2557
  • Students per Teacher: 17.6
  • Staff: 5311
  • Students: 45024
OCKLEY GREEN 6031 NORTH MONTANA PORTLAND, OR 97217 Phone: 5039165660 K-8th
Grade Size Distribution
  • Knd: 27
  • 1st: 20
  • 2nd: 26
  • 3rd: 16
  • 4th: 16
  • 5th: 19
  • 6th: 54
  • 7th: 73
  • 8th: 86
School Population
  • Teachers: 22
  • Students per Teacher: 15.3
  • Students: 337
  • Male/Female: 163/161
School District
  • PORTLAND SD 1J
  • 501 NORTH DIXON ST PORTLAND, OR 96227
  • Phone: 5039162000
District Population
  • Schools: 93
  • Full-Time Teachers: 2557
  • Students per Teacher: 17.6
  • Staff: 5311
  • Students: 45024
PENINSULA ELEMENTARY SCHOOL 8125 NORTH EMERALD AVE PORTLAND, OR 97217 Phone: 5039166275 K-8th
Grade Size Distribution
  • Knd: 45
  • 1st: 42
  • 2nd: 48
  • 3rd: 42
  • 4th: 34
  • 5th: 40
  • 6th: 40
  • 7th: 47
  • 8th: 32
School Population
  • Teachers: 24
  • Students per Teacher: 15.4
  • Students: 370
  • Male/Female: 194/144
School District
  • PORTLAND SD 1J
  • 501 NORTH DIXON ST PORTLAND, OR 96227
  • Phone: 5039162000
District Population
  • Schools: 93
  • Full-Time Teachers: 2557
  • Students per Teacher: 17.6
  • Staff: 5311
  • Students: 45024
PORTLAND VILLAGE SCHOOL 7654 NORTH DELAWARE ST PORTLAND, OR 97217 Phone: 5034450056 K-5th
Grade Size Distribution
  • Knd: 44
  • 1st: 48
  • 2nd: 50
  • 3rd: 25
  • 4th: 22
  • 5th: 20
School Population
  • Teachers: 14
  • Students per Teacher: 14.9
  • Students: 209
  • Male/Female: 92/107
School District
  • PORTLAND SD 1J
  • 501 NORTH DIXON ST PORTLAND, OR 96227
  • Phone: 5039162000
District Population
  • Schools: 93
  • Full-Time Teachers: 2557
  • Students per Teacher: 17.6
  • Staff: 5311
  • Students: 45024
TRILLIUM 5420 NORTH INTERSTATE AVE PORTLAND, OR 97217 Phone: 5032853833 K-12th
Grade Size Distribution
  • Knd: 27
  • 1st: 27
  • 2nd: 27
  • 3rd: 31
  • 4th: 25
  • 5th: 27
  • 6th: 30
  • 7th: 30
  • 8th: 26
  • 9th: 17
  • 10th: 19
  • 11th: 29
  • 12th: 22
School Population
  • Teachers: 21
  • Students per Teacher: 16.0
  • Students: 337
  • Male/Female: 150/119
School District
  • PORTLAND SD 1J
  • 501 NORTH DIXON ST PORTLAND, OR 96227
  • Phone: 5039162000
District Population
  • Schools: 93
  • Full-Time Teachers: 2557
  • Students per Teacher: 17.6
  • Staff: 5311
  • Students: 45024
BEACH ELEMENTARY SCHOOL 1710 NORTH HUMBOLDT ST PORTLAND, OR 97217 Phone: 5039166236 PreK-8th
Grade Size Distribution
  • Knd: 82
  • 1st: 66
  • 2nd: 73
  • 3rd: 60
  • 4th: 48
  • 5th: 34
  • 6th: 48
  • 7th: 28
  • 8th: 25
School Population
  • Teachers: 26
  • Students per Teacher: 17.8
  • Students: 464
  • Male/Female: 214/211
School District
  • PORTLAND SD 1J
  • 501 NORTH DIXON ST PORTLAND, OR 96227
  • Phone: 5039162000
District Population
  • Schools: 93
  • Full-Time Teachers: 2557
  • Students per Teacher: 17.6
  • Staff: 5311
  • Students: 45024
CHIEF JOSEPH ELEMENTARY SCHOOL 2409 NORTH SARATOGA ST PORTLAND, OR 97217 Phone: 5039166255 PreK-5th
Grade Size Distribution
  • Knd: 62
  • 1st: 64
  • 2nd: 58
  • 3rd: 42
  • 4th: 46
  • 5th: 56
School Population
  • Teachers: 18
  • Students per Teacher: 18.2
  • Students: 328
  • Male/Female: 170/122
School District
  • PORTLAND SD 1J
  • 501 NORTH DIXON ST PORTLAND, OR 96227
  • Phone: 5039162000
District Population
  • Schools: 93
  • Full-Time Teachers: 2557
  • Students per Teacher: 17.6
  • Staff: 5311
  • Students: 45024
HUMBOLDT ELEMENTARY SCHOOL 4915 NORTH GANTENBEIN AVE PORTLAND, OR 97217 Phone: 5039165468 PreK-8th
Grade Size Distribution
  • Knd: 37
  • 1st: 29
  • 2nd: 26
  • 3rd: 27
  • 4th: 39
  • 5th: 24
  • 6th: 24
  • 7th: 18
  • 8th: 16
School Population
  • Teachers: 16
  • Students per Teacher: 15.0
  • Students: 240
  • Male/Female: 127/104
School District
  • PORTLAND SD 1J
  • 501 NORTH DIXON ST PORTLAND, OR 96227
  • Phone: 5039162000
District Population
  • Schools: 93
  • Full-Time Teachers: 2557
  • Students per Teacher: 17.6
  • Staff: 5311
  • Students: 45024

Private Schools in Zip Code 97217 (Portland)

* This list of schools may not match the property above.

PORTLAND OPP INDUSTRIALIZATION 717 W Killingsworth Ct Portland, OR 97217 Phone: 5037351825 8th-12th
Grade Size Distribution
  • Ungrd: 5
  • 8th: 4
  • 9th: 21
  • 10th: 32
  • 11th: 46
  • 12th: 57
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 165
HOLY REDEEMER AREA SCHOOL 127 N Portland Blvd Portland, OR 97217 Phone: 5032835197 K-8th
Grade Size Distribution
  • Knd: 42
  • 1st: 32
  • 2nd: 34
  • 3rd: 36
  • 4th: 50
  • 5th: 40
  • 6th: 45
  • 7th: 46
  • 8th: 46
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 371
OPEN MEADOW MIDDLE SCHOOL Portland, OR 97217 Phone: 5039781935 PreK
Grade Size Distribution
  • Ungrd: 160
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 160

* School data provided by US Department of Education


The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Meadows Group Inc., Realtors are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2017 RMLS™, Portland, Oregon. This content last updated on 11/21/2017 7:09 PM PST. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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