So much more than meets the eye and you won't find a better bang for your buck at this price! This unassuming ranch from the outside is packed with room for everyone and then some. You won't find more generous room sizes or possibilities. Downstairs could be additional income potential or great dual living opportunity, with 2 bedrooms (with egress windows), a sizable family room, flex space, and a full bathroom. New kitchen appliances, furnace & AC in 2023. Whole house fan keeps those summer cooling bills low. The spaciousness doesn't stop indoors--the back yard is ready for entertaining, gardening, and your four-legged friends. All appliances stay, making this a move-in ready opportunity, and it's priced well below the assessors Real Market Value! In addition, this home's location qualifies for many lenders' SIGNIFICANT grant (MLS rules prohibit agents from putting an actual number or dollar amount in remarks) toward closing costs and/or interest rate buy down, and be sure to check out Portland's Lower SE Rising Area Plan--big improvements planned for the area--you could be getting in on the ground floor! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10068954]
Single-familyProperty Type
1971Year Built
8,712 sq ftLot Size
$207Est. Price/Sq.Ft.
2 car garageParking
Listed by Paula Brotherton• Premiere Property Group, LLC
Bought with Tiffany Pool• Realty One Group Prestige
Repriced! Now 349,900!You won't find a better investment in Portland. This move in ready home is the perfect to convert to ADU or duplex or easily live as is. Dual master bedrooms both upstairs and down with a separate entrance. Enjoy your entertainers kitchen that flows to the backyard deck for al fresco dining. Short walk to Cartlandia food carts and Flavel Park. Easy access to the freeway and shopping. You have to check this one out! [Home Energy Score = 6. HES Report at https://api.greenbuildingregistry.com/report/pdf/R262786-20180511.pdf]
RMLS #16541975
Mar 1, 2016
Sold
$306,000
$99/sq ft
Jan 22, 2016
Pending
—
Jan 14, 2016
Listed
$315,000
$102/sq ft
Beautifully remodeled ranch w/new carpet & paint, 3 fireplaces, & open floor plan. Custom eat-in kitchen w/new appliances, fireplace & sliders to new deck & fenced yard. Lives large w/3 beds & 2.5 baths on main. Downstairs is huge, could be its own unit w/separate rooms for laundry, storage, & family. The bonus room has a full bath & plumbing for a kitchen. Walk to Flavel Park & Spring Water Trail. Easy access to 205 & busline.
Public Records
Mar 28, 1994
Sold
$112,000
$36/sq ft
Public Records
Mar 1, 1992
Sold
$65,000
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,138 (+3.7%)
2024
$7,845 (+4.0%)
2023
$7,544 (+2.2%)
2022
$7,381 (+1.7%)
2021
$7,256 (+9.0%)
2020
$6,656 (+3.8%)
2019
$6,411 (+3.0%)
2018
$6,223 (+4.3%)
2017
$5,964 (+9.3%)
2016
$5,458 (+2.7%)
2015
$5,315 (+3.3%)
2014
$5,144 (+27.4%)
2013
$4,038 (+22.6%)
2012
$3,295 (−10.7%)
2011
$3,689 (−12.7%)
2010
$4,224 (+2.7%)
2009
$4,113
Tax history for 7719 SE Lambert St
Year
Property tax
Land + Additions
Assessment*
2025
$8,138 (+3.7%)
2024
$7,845 (+4.0%)
2023
$7,544 (+2.2%)
2022
$7,381 (+1.7%)
2021
$7,256 (+9.0%)
2020
$6,656 (+3.8%)
2019
$6,411 (+3.0%)
2018
$6,223 (+4.3%)
2017
$5,964 (+9.3%)
2016
$5,458 (+2.7%)
2015
$5,315 (+3.3%)
2014
$5,144 (+27.4%)
2013
$4,038 (+22.6%)
2012
$3,295 (−10.7%)
2011
$3,689 (−12.7%)
2010
$4,224 (+2.7%)
2009
$4,113
*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
Beds
4
Baths
3.5
Stories
1
Lot width
—
Lot depth
—
Lot size
8,827 Sq. Ft.
Year renovated
1971
Sq. Ft.
2,909
Year built
1971
Style
Single Family Residential
County
Multnomah County
APN
R262786
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
RM1
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Jul 29, 2025 • Final
Plumbing
Repipe water lines throughout the house to each fixture.
Plumbing
Mar 26, 2025 • Final
Plumbing
Bathroom
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 Features: Driveway
Parking Total: 2
Garage Information
Garage Type: Attached, Oversized
Garage Spaces: 2
Has Attached Garage: Yes
Interior
Appliances
Appliances: Convection Oven, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Island, Pantry, Range Hood, Stainless Steel Appliance(s)
Hot Water Description: Gas
Interior Features
Has Accessibility: Yes
Accessibility Features: Caregiver Quarters, Main Floor Bedroom w/Bath
Interior Features: Ceiling Fan(s), Garage Door Opener, Laundry, Separate Living Quarters/Apartment/Aux Living Unit, Vinyl Floor, Washer/Dryer