1010 NE Weidler St Unit 1016 Portland, OR 97232
Lloyd District NeighborhoodEstimated payment $7,697/month
Highlights
- Property is near a bus stop
- Landscaped
- Asbestos
- Cleveland High School Rated A-
- Intercom Access
- High Speed Internet
About This Home
Investment Opportunity: Historic Multi-Family Property in Portland's Lloyd District - First time on the market in 85 years and previously managed and occupied by the family who owned it for that time period. Presenting 1010–1016 NE Weidler St, a distinguished and expansive multi-family property situated on a 5,000 sq ft lot in Portland's vibrant Lloyd District. Built in 1909, this property encompasses 12 bedrooms and 4 bathrooms spanning through 4 units, reflecting its historic charm and potential for modern enhancements. This unique property offers full attic and basement spaces with additional development opportunities. Positioned in the heart of Portland’s Lloyd District, this exceptional commercial property offers unparalleled visibility and flexibility for a wide range of uses. 1010–1016 NE Weidler St features prominent frontage along a high-traffic corridor, just minutes from downtown and with immediate access to I-84, I-5, and MAX light rail lines. Large display windows, generous ceiling heights, and a versatile interior layout, the property is ideal for retailers, creative office users, or service-based businesses looking to thrive in a dynamic, transit-connected neighborhood. The surrounding area is a blend of dense residential, retail, and office development, ensuring strong foot traffic and excellent neighborhood synergy. High visibility on NE Weidler with excellent signage opportunities. Dense urban location by Moda Center, Oregon Convention Center, and Lloyd Center. Redevelopment Flexible zoning (verify with city) suitable for retail, office, showroom, or mixed commercial use. Don’t miss this rare opportunity to establish your presence in one of Portland’s most strategically positioned neighborhoods. Buyer to verify square feet.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,650
Year Built
- Built in 1909
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 50x100
- Landscaped
Parking
- Off-Street Parking
Home Design
- Shingle Roof
- Composition Roof
- Asbestos
- Concrete Perimeter Foundation
Interior Spaces
- 12,366 Sq Ft Home
- 3-Story Property
- Intercom Access
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Basement Storage
Location
- Property is near a bus stop
Schools
- Buckman Elementary School
- Hosford Middle School
- Cleveland High School
Utilities
- No Cooling
- Heating System Uses Gas
- Radiant Heating System
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number R182317
Community Details
Overview
- 4 Units
- Lloyd / Holladay Subdivision
Building Details
- Operating Expense $16,000
- Gross Income $9,600
- Net Operating Income $9,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $15,650 | $584,910 | -- | -- |
2023 | $15,048 | $567,880 | $0 | $0 |
2022 | $14,722 | $551,340 | $0 | $0 |
2021 | $14,473 | $535,290 | $0 | $0 |
2020 | $13,277 | $519,700 | $0 | $0 |
2019 | $12,789 | $504,570 | $0 | $0 |
2018 | $12,413 | $489,880 | $0 | $0 |
2017 | $11,897 | $475,620 | $0 | $0 |
2016 | $10,887 | $461,770 | $0 | $0 |
2015 | $10,602 | $448,330 | $0 | $0 |
2014 | $10,442 | $435,280 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/12/2025 08/12/25 | Price Changed | $1,200,000 | -7.7% | -- |
07/30/2025 07/30/25 | Price Changed | $1,300,000 | -7.1% | -- |
07/09/2025 07/09/25 | Price Changed | $1,400,000 | -6.7% | -- |
06/16/2025 06/16/25 | Price Changed | $1,500,000 | -6.3% | -- |
05/14/2025 05/14/25 | For Sale | $1,600,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Gift Deed | -- | -- |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 224531071

APN: R182317
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