Located in the heart of Portland’s highly desirable Sellwood-Moreland neighborhood, The Lambert is a well-positioned 6-plex offering investors a rare blend of neighborhood charm, urban connectivity, and long-term growth potential.
Just minutes from downtown Portland by car, bike, or public transit—including MAX light rail and major bus lines—this property appeals to renters seeking a quieter residential setting without sacrificing access to the city’s employment centers, dining, and entertainment.
The surrounding neighborhood features a distinctive mix of historic homes, modern conveniences, and walkable streets lined with local shops, cafés, and restaurants. Residents are drawn to the authentic, small-town atmosphere paired with ongoing urban renewal—an ideal combination that supports strong tenant demand and retention.
Outdoor amenities further elevate the location. With close proximity to Sellwood Park, the Willamette River, and Oaks Bottom Wildlife Refuge, tenants enjoy easy access to trails, recreation, and green space—an increasingly important lifestyle driver in Portland’s rental market.
The area’s established retail and dining scene, strong sense of community, and well-regarded schools contribute to lasting neighborhood appeal. Coupled with development-friendly zoning that supports multifamily and mixed-use projects, this corridor continues to experience steady growth and reinvestment—fueling rental demand and long-term appreciation.
The Lambert presents an opportunity to invest in a proven, supply-constrained neighborhood with enduring renter appeal and strong fundamentals.
Lambert 6-Plex
1414 SE Lambert Street | Portland, OR
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Residential Units: 6
Year Built: 1907
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List Price: $925,000
Price per Unit: $154,000
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FOR SALE
Accepting Offers
Lead Advisor: