Discover an outstanding 100% occupied investment opportunity in the heart of Portland's vibrant NW district, Nob Hill, two blocks to NW 23rd Avenue. This meticulously maintained 8-unit multifamily property with new roof 2023-2024 offers a blend of urban convenience and serene outdoor access, perfect for those seeking both city life and nature. Each unit designed with comfort in mind, featuring cozy fireplaces, private decks, with individual storage units catering to all your organizational needs.Eight on-site numbered parking spaces residents will appreciate, a rare find in this sought-after neighborhood. With convenient laundry facilities available on site, everyday living is made easy. Nestled moments away from the lush trails of Forest Park and with quick access to 23rd Ave. & downtown Portland’s bustling dining and entertainment scene, the location could not be better.Whether you are a seasoned investor or looking to expand your portfolio, this prime property promises consistent rental income potential in one of Portland’s trendiest locales. Please do not disturb Tenants, call for information.
Active
Price cut: $50K (6/26)
$1,649,950
2575 NW Lovejoy St, Portland, OR 97210
13beds
7,182sqft
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$230/sqft
$-- HOA
What's special
Cozy fireplacesPrivate decksIndividual storage units
- 136 days |
- 327 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Colleen Hildebrand 971-288-9963,
Kohler Meyers O'Halloran Inc.,
Darren O'Halloran 503-703-8168,
Kohler Meyers O'Halloran Inc.
Source: RMLS (OR),MLS#: 430280548
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Zoned
Appliances
- Included: Dishwasher, Refrigerator, Electric Water Heater
- Laundry: Common Area
Features
- Storage
- Flooring: Hardwood
- Basement: Exterior Entry,Storage Space
Interior area
- Total structure area: 7,182
- Total interior livable area: 7,182 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Paved
Features
- Stories: 2
- Has view: Yes
- View description: Territorial
Lot
- Size: 9,147 Square Feet
- Dimensions: 9300sf
- Features: Corner Lot, SqFt 7000 to 9999
Details
- Parcel number: R171500
- Zoning: RM3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Lap Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Laundry
- Subdivision: Northwest District
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $230/sqft
- Annual tax amount: $22,251
- Date on market: 2/19/2026
- Listing terms: Cash,Conventional
- Total actual rent: 9765
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,649/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $1,649,950-2.9%$230/sqft |
Source:  RMLS (OR) #430280548 Report a problem | ||
| 4/30/2026 | Price change | $1,699,950-5.6%$237/sqft |
Source: RMLS (OR) #430280548 Report a problem | ||
| 2/19/2026 | Listed for sale | $1,800,000$251/sqft |
Source: RMLS (OR) #430280548 Report a problem | ||
| 1/15/2018 | Listing removed | $1,100 |
Source: The Garcia Group - Property # 454687 Report a problem | ||
| 12/7/2017 | Listed for rent | $1,100+12.8% |
Source: The Garcia Group - Property # 437558 Report a problem | ||
| 10/17/2017 | Listing removed | $975 |
Source: The Garcia Group - Property # 405788 Report a problem | ||
| 10/6/2017 | Listed for rent | $975 |
Source: The Garcia Group - Property # 405788 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Northwest
Nearby schools
GreatSchools rating
- 5/10Chapman Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10West Sylvan Middle SchoolGrades: 6-8Distance: 3.3 mi
- 8/10Lincoln High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Chapman
- Middle: West Sylvan
- High: Lincoln
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97210
- Northwest
- 2575 NW Lovejoy St
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Nearby neighborhoods
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