Search- Overview
- Sale & tax history
- Property details
- Neighborhood
- Climate








1208 SE Lambert St, Portland, OR 97202
About this home
Great cash-flowing 5-plex sitting on double lot in desirable Sellwood neighborhood. Well maintained with newer roof & exterior paint. Long term tenants. Refrigerators included. 5 units- (2) 2bd/1b, (3) 1bd/1b. One block to shops, restaurants, and public transportation. This amazing property won't last long!

Redfin Estimate
Market trends in Sellwood-Moreland, OR
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
- $415,0003 beds2 baths1,462 sq ft4750 SE Milwaukie Ave, Portland, OR 97202Gillian Dressel • Cascade Hasson Sotheby's International Realty
- $599,9003 beds4 baths2,015 sq ft2927 SE Tacoma St, Portland, OR 97202Michael O'Meara • eXp Realty, LLC
- 3D WALKTHROUGH$609,9003 beds1 bath2,048 sq ft2235 SE Brooklyn St, Portland, OR 97202Hannah Novak • The Agency Portland
See all
Provided by Redfin
Sale history for 1208 SE Lambert St
$168/sq ft
$128/sq ft
Tax history for 1208 SE Lambert St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
- Permits
R2.5
Residential 2,500 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.Include but are not limited to:
- Housing
Demolition
Cap the sewer line following a demolition.
Demolition
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
- Parking Information
- Parking Total: 2
Interior
- Appliances
- Hot Water Description: Electricity, Gas
- Interior Features
- Storage: Basement, Locked
- Basement: Storage Space, Unfinished
- Multi Unit Information
- # Of Units Total: 5
- Unit Information
- Unit Type: 1, 2, 3, 4, 5
- Unit Type 1 Information
- Actual Rent: $775
- Area: 815
- Baths Total: 1
- Beds Total: 2
- Features: Range, Washer/Dryer Hookup, Window Coverings, Wood Floors
- Units Total: 1
- Unit Type 2 Information
- Actual Rent: $725
- Area: 748
- BathsTotal: 1
- Beds Total: 2
- Features: Hardwood Floors, Range, Refrigerator, Window Coverings
- Units Total: 1
- Unit Type 3 Information
- Actual Rent: $575
- Area: 461
- Baths Total: 1
- Beds Total: 1
- Features: Range, Refrigerator, Window Coverings
- Units Total: 1
- Unit Type 4 Information
- Actual Rent: $475
- Area: 520
- Baths Total: 1
- Beds Total: 1
- Features: Range, Refrigerator, Window Coverings
- Units Total: 1
- Unit Type 5 Information
- Actual Rent: $625
- Area: 497
- Baths Total: 1
- Beds Total: 1
- Features: Range, Refrigerator, Window Coverings
- Units Total: 1
Exterior
- Exterior Features
- Roof: Composition
- Exterior Description: T-111 Siding, Wood Siding
- Lot Information
- Lot Size Range: 10,000 to 14,999 SqFt
- Lot Size: 10,000 to 14,999 SqFt
- Lot Features: On Busline
- Parcel Number: R134170
- Property Information
- Property Type: Multi Family
- Property Attached YN: No
- Property Condition: Existing
- Security Features: Entry, Sidewalk
- View YN: No
- Building Information
- Year Built: 1905
- Building Area Total: 3,579
Financial
- Tax Information
- Tax Legal Description: CITY VIEW PK, BLOCK 4, LOT 3&4
- Tax Annual Amount: $5,024
- Rent Information
- Rent Includes: Trash Collection, Water
- Lease / Rent Information
- CAP Rate: 6.0
- Gross Rent Multiplier: 12.24
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Gas
- Water Source: Public Water
- Sewer: Public Sewer
- Heating & Cooling
- Heating YN: No
- Heating: Other
- Cooling YN: No
Location
- School Information
- Elementary School: Llewellyn
- Middle Or Junior School: Sellwood
- High School: Cleveland
- Location Information
- Directions: Tacoma, N on 13th, W on Lambert St
- Unparsed Address: 1208 SE LAMBERT ST, Portland, OR 97202
- Community Information
- Zoning: 5plex
Public facts
- Beds: —
- Baths: 5.0
- Sq. Ft.: 5,112
- Stories: 2.0
- Lot Size: 10,000 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1905
- Year Renovated: 1905
- County: Multnomah County
- APN: R134170
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
- K - 12
- Preschool & daycare
Public K-5 • Assigned • 0.6mi
Public 6-8 • Assigned • 0.4mi
Public 9-12 • Assigned • 2.2mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 92° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
19 unhealthy days expected this year, 20 days in 30 years
Sun exposure
In this area, properties receive around 9.8 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes






New listings for sale in 97202



Home values near 1208 SE Lambert St
| Address | Redfin Estimate |
|---|---|
5 Beds | 2 Baths | 1872 Sq. Ft. | $623,547 |
4 Beds | 2 Baths | 1961 Sq. Ft. | $774,837 |
3 Beds | 1.5 Baths | 1712 Sq. Ft. | $700,729 |
4 Beds | 3 Baths | 1778 Sq. Ft. | $736,790 |
2 Beds | 3 Baths | 1592 Sq. Ft. | $561,983 |
4 Beds | 3 Baths | 3429 Sq. Ft. | $1,171,040 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 736 Sq. Ft. | $469,695 |
2 Beds | 3 Baths | 1932 Sq. Ft. | $845,641 |
2 Beds | 2 Baths | 1356 Sq. Ft. | $607,462 |
4 Beds | 3 Baths | 1778 Sq. Ft. | $744,565 |
3 Beds | 3 Baths | 3763 Sq. Ft. | $1,112,215 |
5 Beds | 3 Baths | 3253 Sq. Ft. | $1,203,529 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 4262 Sq. Ft. | $1,375,840 |
3 Beds | 1 Baths | 1134 Sq. Ft. | $579,951 |
3 Beds | 4 Baths | 2312 Sq. Ft. | $746,129 |
3 Beds | 4 Baths | 2274 Sq. Ft. | $749,243 |
2 Beds | 2.5 Baths | 1592 Sq. Ft. | $553,648 |
More real estate resources
- Zip Codes
- Neighborhoods
- Cities
- Popular Searches
| 97219 homes for sale | |||
| 97206 homes for sale | |||
| 97225 homes for sale | |||
| 97229 homes for sale | |||
| 97202 homes for sale |
| Sellwood-Moreland homes for sale | |||
| Southeast Uplift homes for sale | |||
| Sellwood-Moreland homes for sale |
| Vancouver homes for sale | |||
| Beaverton homes for sale | |||
| Lake Oswego homes for sale |
Find us
Subsidiaries
Affiliated Business
Copyright: © 2026 Redfin. All rights reserved.
Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.











United States
Canada