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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.
Last checked:
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Checking…
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Last updated Jun 16, 2025
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MLS# 762651715 —
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
Location
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Directions:I5 -Moda Center Exit East on Weidler to Property
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Latitude:45.534126
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Longitude:-122.655154
The Property
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Parcel Number:R182317
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Property Type:Land
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Property Subtype:MultiFamily
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Lot Features:OnBusline, PublicRoad
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Lot Size Range:SqFt5000to6999
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Lot Size Dimensions:50X100
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Zoning:RES
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Current Use:MultiFamily
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View:true
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View Description:City, Territorial
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Existing Structures:true
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Property Attached:false
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Additional Parcels:false
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Road Frontage:true
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Road Surface Type:Concrete
Listing Agent
- Contact info:
- Agent phone:
- (971) 533-4328
- Office phone:
- (503) 265-8164
Taxes
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Tax Legal Description:HOLLADAYS ADD, BLOCK 204, E 1/2 OF LOT 1&2
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Tax Annual Amount:15649.51
Heating & Cooling
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Heating:false
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Cooling:false
Utilities
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Utilities:CableConnected,ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Schools
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Elementary School:Buckman
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Middle Or Junior School:Hosford
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High School:Cleveland
The Community
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Subdivision Name:LLOYD / HOLLADAY
Parking
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Attached Garage:false
Extra Units
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Other Structures:Fenced,Residence,Sidewalk,Storage
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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6/16/25
Jun 16, 2025
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Price Changed | RMLS | $1,500,000 | -6.3% |
5/14/25
May 14, 2025
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Listed / Active | RMLS | $1,600,000 |