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2575 NW Lovejoy St, Portland, OR 97210

$1,800,000
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Property Description

Discover an outstanding 100% occupied investment opportunity in the heart of Portland's vibrant NW district, Nob Hill, two blocks to NW 23rd Avenue. This meticulously maintained 8-unit multifamily property with new roof 2023-2024 offers a blend of urban convenience and serene outdoor access, perfect for those seeking both city life and nature. Each unit designed with comfort in mind, featuring cozy fireplaces, private decks, with individual storage units catering to all your organizational needs.Eight on-site numbered parking spaces residents will appreciate, a rare find in this sought-after neighborhood. With convenient laundry facilities available on site, everyday living is made easy. Nestled moments away from the lush trails of Forest Park and with quick access to 23rd Ave. & downtown Portland's bustling dining and entertainment scene, the location could not be better.Whether you are a seasoned investor or looking to expand your portfolio, this prime property promises consistent rental income potential in one of Portland's trendiest locales. Please do not disturb Tenants, call for information.

2575 NW Lovejoy St | MLS# 430280548

This multi-family property located at 2575 NW Lovejoy St, Portland, OR 97210 is currently listed for sale with an asking price of $1,800,000. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

SQUARE FEET7,182 MLS#430280548
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Property Features

Property Type: Multi Unit - Multiple
Basement: ExteriorEntry, StorageSpace
Fuel Type: Electricity
Heating: Zoned
Lot Size: 9300sf
Roof Type: Composition
Stories: 2.0
Taxes: $22,251
Year Built: 1960
Square Feet: 7,182

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, HardwoodFloors, Refrigerator, Storage
Rent: $1285.00
Square Footage: 750
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, HardwoodFloors, Refrigerator, Storage
Rent: $1090.00
Square Footage: 750
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, HardwoodFloors, Refrigerator, Storage
Rent: $1395.00
Square Footage: 750
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, HardwoodFloors, Refrigerator, Storage
Rent: $1210.00
Square Footage: 750
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, HardwoodFloors, Refrigerator, Storage
Rent: $1210.00
Square Footage: 750
Total Units: 1
Unit Type 6:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, HardwoodFloors, Refrigerator, Storage
Rent: $1075.00
Square Footage: 700
Total Units: 1
Unit Type 7:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, HardwoodFloors, Refrigerator, Storage
Rent: $1295.00
Square Footage: 700
Total Units: 1
Unit Type 8:
Bathroom(s): 1
Bedrooms: 1
Features: Dishwasher, HardwoodFloors, Refrigerator, Storage
Rent: $1155.00
Square Footage: 700
Total Units: 1

Feature Descriptions

Days on Site: 57
Exterior: Brick, Lap Siding, Wood Siding
Gross Income: $111700.00 (Actual)
Hot Water: Electricity
Lot: Corner Lot, Public Road
Lot Dimensions: 9300sf
Net Income: $38680.00 (Actual)
Operating Expenses: $72908.00 (Actual)
Parking: Assigned, Paved
Parking Notes: Assigned, Paved
Sewer: Public Sewer
Special View Info: Territorial
Storage: Basement, IndividualStorageUnits
Units: 8
Water: Public Water

Local Schools

High School: Lincoln
Middle School: West Sylvan
Elementary School: Chapman

Listed By / Shown By

Listed By

Agency Name: Kohler Meyers O'Halloran Inc.
Agency Phone: 503-661-8000

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 11,481.03 per month $9,101.78 Principal & Interest $1,854.25 Property Tax $525.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/18/2026. The listing information on this page last changed on 04/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/18/2026 1:00:04 AM EST) or RMLS (last updated Fri 04/17/2026 2:17:06 PM EST) or COAR/MLSCO (last updated Sat 04/18/2026 12:51:23 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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