Lombard Lofts

For Sale

7530 North Richmond Avenue, Portland, OR 97203

This Portland property for sale is located at 7530 North Richmond Avenue. The current listed sale price for Lombard Lofts is $2,300,000. Lombard Lofts is situated on a lot that is 0.12 acre in size.

Contacts

Cooper Collins

Macadam Forbes

Property Details

  • Property Type Multi-Family
  • Property Size 8,375 SF
  • Units 11
  • Lot Size 0.12 Acre
  • Year Built 2021
  • Date Updated Sep 23, 2026
Discover the vibrant energy of Portland, Oregon, surrounding the property at 7530 North Richmond Avenue. This eclectic neighborhood offers a mix of urban amenities and natural beauty, drawing in residents seeking a dynamic lifestyle. The area boasts proximity to iconic landmarks such as Forest Park, the Portland Art Museum, and the lively Pearl District. With a thriving culinary scene, eclectic boutiques, and a bustling cultural community, the location offers an attractive opportunity for Multifamily/High-Rise investors looking to tap into the city's diverse and growing market. Experience the perfect blend of city living and outdoor adventure in this coveted Portland neighborhood.Built in 2021, this 11-unit apartment building is located in Portland’s St. Johns neighborhood and is currently 100% occupied following a recent lease-up. The property offers a desirable unit mix consisting primarily of one-bedroom apartments, with additional upside as operations continue to stabilize. Offered at $2,300,000 at a 5.8% stabilized cap rate, the property is competitively priced relative to recent apartment sales in St. Johns and North Portland.
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Highlights

  • 100% occupied.
  • Built in 2021 minimal near-term capex exposure.
  • Onsite parking and storage.
  • St. Johns submarket benefiting from continued North Portland demand.

Attachments

Getting around

  • 94/100

    Walk Score ®

  • 45/100

    Transit Score ®

  • 94/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Portland, OR
  • Neighborhood St. Johns
  • Zip Code 97203
  • Market Portland

Points of Interest

  • Kenton/North Denver Avenue

    3.13 miles

  • Northwest Northrup & 22nd

    4.81 miles

  • Northwest Northrup & 21st

    4.86 miles

  • Northwest Lovejoy & 22nd

    4.89 miles

  • Northwest Lovejoy & 21st

    4.94 miles

  • Northwest Northrup & 18th

    5.00 miles

  • Northwest Northrup & 14th

    5.11 miles

  • Northwest Northrup & 12th

    5.17 miles

  • Northwest Lovejoy & 13th

    5.21 miles

  • Northwest 11th & Marshall

    5.23 miles

  • 76

    0.43 miles

  • Fred Meyer Fuel

    0.63 miles

  • Electrify America

    0.64 miles

  • Shell

    0.82 miles

  • Arco

    1.37 miles

  • Space Age

    1.99 miles

  • Chevron

    2.95 miles

  • Electric Island

    3.20 miles

  • Tesla Supercharger

    3.49 miles

  • eVgo

    3.50 miles

  • Library Park

    0.06 miles

  • Ridge Trail Parking

    1.01 miles

  • Villa Maria Hall

    1.54 miles

  • Physical Plant Lot 1

    1.57 miles

  • Main Lot

    1.60 miles

  • Physical Plant Lot 2

    1.61 miles

  • Physical Plant Lot 3

    1.68 miles

  • Kenna Hall Parking

    1.74 miles

  • Admissions Parking

    1.78 miles

  • CGX Parking

    1.87 miles

  • La Quinta Inn & Suites Portland NW

    2.70 miles

  • Comfy Inn

    3.16 miles

  • Country Inn & Suites

    3.35 miles

  • Holiday Inn Express & Suites

    3.35 miles

  • Best Western Inn at the Meadows

    3.37 miles

  • Motel 6

    3.41 miles

  • Fairfield Inn & Suites

    3.53 miles

  • Residence Inn

    3.55 miles

  • Courtyard

    3.60 miles

  • Rodeway Inn

    3.75 miles

  • Grocery Outlet

    0.19 miles

  • Safeway

    0.22 miles

  • Fred Meyer

    0.63 miles

  • New Seasons Market

    0.97 miles

  • New Colombia Free Food Market

    1.70 miles

  • Coast Guard Exchange

    1.88 miles

  • Burlington

    3.48 miles

  • TJ Maxx

    3.55 miles

  • Ross

    3.60 miles

  • Target

    3.64 miles

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