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Listed by Real Broker • 503-926-2929

$139,000

Est. payment - /mo

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1 Bath

288 SqFt

Price Dropped by $5K

4763 N LOMBARD ST #5 Portland, OR 97203

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Michael Bouldin

mb@mbouldin.com +1(503) 313-1992

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 288 sqft

Price per Sqft $482

Subdivision University Condominium

MLS Listing ID 575871223

Style Mediterranean Mission Spanish, Studio

Full Baths 1

HOA Fees $200/mo

HOA Y/N Yes

Year Built 1926

Annual Tax Amount $2,523

Tax Year 2025

Property Sub-Type Condominium

Property Description

Affordability, convenience and opportunity come together in this bright, move-in-ready studio condo. An approachable way to enter the Portland real estate market and begin building equity instead of continuing to rent. Located on the main floor of the intimate 12-unit University Apartments building, the home offers abundant natural light, an efficient floor plan, assigned basement storage, shared laundry and off-street parking. While the interior footprint is compact, the surrounding neighborhood is big on lifestyle. Enjoy nearby parks, convenient access to the University of Portland and excellent biking along Willamette Boulevard and many other neighborhood bike routes. Explore the restaurants, coffee shops, neighborhood bars, grocery options and community activities of University Park, with the lively Kenton and St. Johns neighborhoods just minutes away. Public transportation also makes it easy to connect with the rest of Portland. With low HOA dues and no rental cap, this flexible property could serve as a primary residence, student housing alternative, Portland pied-à-terre or long-term investment. A cozy space with a big neighborhood and a rare opportunity to own a Portland home at an attainable price point.

Location

State OR

County Multnomah

Area _141

Zoning RM2

Rooms

Basement Full Basement

Interior

Interior Features Hardwood Floors, Tile Floor

Heating Wall Heater, Zoned

Appliance Free Standing Range, Stainless Steel Appliance

Exterior

Roof Type Flat

Accessibility MinimalSteps, OneLevel

Garage No

Building

Lot Description Level, On Busline

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Astor

Middle Schools Astor

High Schools Roosevelt

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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Michael Bouldin

Realtor® License ID: 201217278

+1(503) 313-1992