6183 Lombard StPortland, OR 97203

For Sale
$975,000

Permit-ready, 46-unit development site.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 9,799 square foot (0.225-acre) lot, located at 6183 N Lombard St in Portland, Oregon's desirable St. Johns neighborhood (zip code 97203), presents a unique opportunity for multifamily development. Zoned CM2 Commercial/Mixed Use, this permit-ready site offers plans for a four-story building encompassing 46 residential units – a mix of studios, one-bedroom, two-bedroom, and one-bedroom work/live units. The total multifamily space is 25,603 square feet, complemented by an additional 800 square feet of retail space. The development plans include desirable amenities such as secure parking, bike storage, and a common area patio. This property is situated in a LIHTC Qualified Census Tract (QCT). A complete set of building permits is available at a discounted price. Note that an adjacent corner property at 6117 N Lombard St is also available for purchase (sold separately). The asking price for this prime development opportunity is $975,000.

Highlights

  • Four-story, 46-unit apartment building, permit-ready, located in St. Johns, North Portland.
  • Adjacent corner lot at 6117 N Lombard available for separate purchase.
  • Discounted permit plans available.
  • Located in a Low-Income Housing Tax Credit (LIHTC) Qualified Census Tract (QCT).
  • Units include secure parking, bike storage, and a common area patio.

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5849968
Longitude
-122.7301993
6183 Lombard St, Portland, Oregon

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6183 Lombard St
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