Estimated payment $9,058/month
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.
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Bedrooms and Bathrooms
Basement
Location
Schools
Utilities
Listing and Financial Details
Overview
Building Details
| 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 |
|---|---|---|---|---|
| 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 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | -- |
$1,225,000
Nestled in Portland’s coveted Irvington neighborhood, this beautifully updated Victorian immediately captivates with its historic charm, sun-drenched interiors, and rare flexibility. With newly refinished original wood floors, soaring ceilings, oversized windows, and exquisite millwork, this home radiates timeless character. Behind its charming curb appeal lies a surprisingly spacious and
Karoline Ashley Windermere Realty Trust
$1,275,000
The Painted Lady Victorian home is rich in history and beautifully maintained. Currently is being used as a nightly rental, has been a month-to-month rental. 3 living spaces, main house, ADU in basement with full kitchen and outside entrance and the Studio/cottage in back. Parking on driveway and on the street. Quiet location. This property would be a great family home, multi-generational
Gina Bany Better Homes & Gardens Realty
$1,660,000
This well maintained and professionally managed 6 plex with commercial street front just became available! Located in the sought after Elliot, this property features all one-bedroom units. Four of the six have vaulted ceilings. Two are upstairs with huge decks, large soaking tubs, separate shower and walk-in closets. All have in unit laundrys and air conditioning. This property provides diverse
Eric Lincoln MORE Realty
$1,190,000
Fantastic 5-Plex Investment Opportunity in the Heart of NE Portland. Located on a prominent corner lot at the intersection of Sullivan’s Gulch and Grant Park, this versatile 5-plex offers an exceptional opportunity for investors or owner-occupants. The property features a mix of 1-, 2-, and 3-bedroom units, 4 units currently rented under market value—providing significant upside potential. Each
Wendy Zhu Crestview Realty, LLC
$1,300,000
Check out the location! Two triplexes side by side on two separate tax lots being sold together. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. Low rents on most units offers great potential for increase income and upside. Both off street and on street parking. Some recent updates in the kitchen with newer appliances.
Chris Suarez Keller Williams Sunset Corridor
$1,235,000
Live in One, Rent the Others – Modern Tri-Plex in the Heart of Kerns!Rare opportunity to own a stylishly updated tri-plex in Portland’s vibrant Kerns neighborhood—ranked the #5 Coolest Neighborhood in the World by Time Out and A+ by Niche. This is the ideal setup for an owner-occupant looking to offset housing costs, multi-generational living, or even a group purchase where each buyer occupies a
Matt Mahaffy Windermere Realty Trust
$1,329,900
Exceptional Triplex Investment in Portland’s Vibrant Buckman Neighborhood. Situated in the heart of one of Portland’s most desirable and walkable neighborhoods, this newly built triplex offers an outstanding investment opportunity. Each of the three units features thoughtfully designed, open-concept living spaces with high ceilings and expansive windows that flood the interiors with natural
Darryl Bodle Keller Williams Realty Portland Premiere
$1,500,000
OPEN Wednesday July 23rd from 4-6pm and Sunday July 27th from 1-3pm. You will be able to see all 6 units at the open houses. These will be the only two open houses! Owner financing with 25% down and 5.95% interest. Phenomenal restored building on surprisingly quiet street in the Buckman Hawthorne neighborhood. Walk Score 95 bike score 96. Current owners of 26 years are ready to retire. They
Holly Hummel MORE Realty
$1,175,000
New price on this solid Mid-century 4 Plex. Variety of units for rich returns. Lots of opportunity to increase return on investment with this buy. Estimated 6.97 Cap Rate could be easy to reach based on market rents on newly updated units. Updates done in 2025 include (in some or all vacant units) interior paint, kitchen and bathroom fans and fixtures, lighting, flooring, cadet heaters. Four
Teri Toombs Wood Land Realty
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 224531071
APN: R182317
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