A standout opportunity in the heart of North Portland’s sought-after Kenton neighborhood, this well-maintained 4-plex offers the perfect combination of location, versatility, and investment potential. Built in 1996, the property features four spacious units with open, functional floor plans, including (2) 2-bedroom, 1-bath units and (2) 1-bedroom, 1-bath units. Each residence has its own covered front porch or deck, creating a welcoming sense of privacy and outdoor space. The property is currently occupied by long-term, stable tenants, offering an established rental history and added appeal for investors seeking an income-producing property. Around back, a paved and fully fenced parking area provides dedicated off-street parking for four vehicles, a huge bonus in this popular neighborhood. The building’s nicely kept condition makes this an appealing option for investors looking to add a strong multifamily property to their portfolio or an owner-occupant ready to live in one unit while generating income from the others. Just six blocks from downtown Kenton and close to neighborhood restaurants, shops, parks, and everyday amenities, this is a fantastic chance to own a multifamily property in one of North Portland’s most vibrant and desirable communities.
$865,000
2315 N Lombard St, Portland, OR 97217
6beds
3,020sqft
Multi Family
Built in 1996
-- sqft lot
$-- Zestimate®
$286/sqft
$-- HOA
What's special
Four spacious unitsOpen functional floor plans
- 3 days
- 132
- 16
Zillow last checked:
Listing updated:
Listed by:
Brian Spear 503-515-9374,
Opt,
Brian Porter 503-810-2219,
Opt
Source: RMLS (OR),MLS#: 166298703
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Zoned
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater, Tank Water Heater
Interior area
- Total structure area: 3,020
- Total interior livable area: 3,020 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Assigned
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 4,791 Square Feet
- Dimensions: 50' x 100'
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R224244
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1996
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security Gate
- Subdivision: North Portland
Location
- Region: Portland
Financial & listing details
- Price per square foot: $286/sqft
- Tax assessed value: $624,530
- Annual tax amount: $10,172
- Date on market: 8/26/2026
- Listing terms: Cash,Conventional
- Total actual rent: 6210
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $865,000+8.1%$286/sqft |
Source: | ||
| 5/6/2021 | Sold | $800,000-3.6%$265/sqft |
Source: | ||
| 4/6/2021 | Pending sale | $829,999$275/sqft |
Source: | ||
| 3/24/2021 | Price change | $829,999+0%$275/sqft |
Source: | ||
| 3/6/2021 | Pending sale | $829,900$275/sqft |
Source: | ||
| 2/25/2021 | Listed for sale | $829,900-2.8%$275/sqft |
Source: | ||
| 10/16/2020 | Listing removed | $854,000$283/sqft |
Source: Move Real Estate Inc #20416855 Report a problem | ||
| 6/15/2020 | Price change | $854,000-0.1%$283/sqft |
Source: Move Real Estate Inc #20416855 Report a problem | ||
| 2/27/2020 | Listed for sale | $855,000+50.7%$283/sqft |
Source: Move Real Estate Inc #20416855 Report a problem | ||
| 12/19/2015 | Listing removed | $1,275 |
Source: FOX MANAGEMENT INC. - Team G Report a problem | ||
| 12/16/2015 | Listed for rent | $1,275 |
Source: FOX MANAGEMENT INC. - Team G Report a problem | ||
| 12/9/2015 | Sold | $567,500+102.7%$188/sqft |
Source: Public Record Report a problem | ||
| 7/2/1996 | Sold | $280,000+1172.7%$93/sqft |
Source: Public Record Report a problem | ||
| 6/16/1995 | Sold | $22,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,173 +3.7% | $377,540 +3% |
| 2024 | $9,807 +4% | $366,550 +3% |
| 2023 | $9,430 +2.2% | $355,880 +3% |
| 2022 | $9,226 +1.7% | $345,520 +3% |
| 2021 | $9,070 +9% | $335,460 +3% |
| 2020 | $8,320 +3.8% | $325,690 +3% |
| 2019 | $8,015 | $316,210 +3% |
| 2018 | $8,015 +3% | $307,000 +3% |
| 2017 | $7,779 +14% | $298,060 +3% |
| 2016 | $6,823 | $289,380 +3% |
| 2015 | $6,823 +2.7% | $280,960 +3% |
| 2014 | $6,644 +27.8% | $272,780 +3% |
| 2013 | $5,197 +0.4% | $264,840 +3% |
| 2012 | $5,175 +6% | $257,130 +3% |
| 2011 | $4,882 -7.5% | $249,650 +3% |
| 2010 | $5,279 +2.7% | $242,380 +3% |
| 2009 | $5,141 +6% | $235,330 +3% |
| 2008 | $4,852 +0.3% | $228,480 +3% |
| 2007 | $4,837 +12.6% | $221,830 +3% |
| 2006 | $4,296 +11.2% | $215,370 +3% |
| 2005 | $3,865 -6.6% | $209,100 +3% |
| 2004 | $4,140 +7.9% | $203,010 +3% |
| 2003 | $3,836 -5.5% | $197,100 +3% |
| 2002 | $4,058 +7.4% | $191,360 +6.1% |
| 2000 | $3,779 | $180,380 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Kenton
Nearby schools
Schools provided by the listing agent
- Elementary: Peninsula
- Middle: Ockley Green
- High: Jefferson
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.









