A Historic Northwest Investment Property

 

The Prager Lombard Mansion was originally built in 1890 as a single family home of wood frame with brick, wood shingle and wood lap exterior, and was converted to an apartment building in 1943.  The building features significant architectural character and detail on its façade, with period ornamental finishes.  A designated Historic Portland Landmark and listed on the National Register of Historic Places, the Oregon Inventory of Historic Resources deemed it to be “an excellent example of the Queen Anne Style in Portland.” 

Today the Prager Lombard Mansion is more magnificent than ever.  

The entire building has been improved with a fire alarm system and a fire sprinkler system that provides coverage for all of the apartments, the common hallways and the basement. All six of the original apartments have been improved and upgraded. There is a brand new architectural pitched composition shingle roof with a 50-year warranty, and all new metal gutters. The property is professionally managed, and there is an entry control system to enhance safety and security. The private courtyard landscaping has been improved with pathways and new plants to create privacy. All of the apartments are individually metered for electricity and gas, and there are monthly bill backs in place for water/sewer. 

The Prager Lombard Mansion comprises one (1) 1BR/1BA apartment of approx. 886 SF, one (1) 1BR/1BA apartment of approx. 700 SF, three (3) 1BR/1BA apartments of approx. 621 - 633 SF, two (2) studio apartments of approx. 400-527 SF, and one (1) studio apartment of approx. 363 SF with a new custom Murphy bed. The apartment interiors feature warm period details with hardwood and tiled floors. There is a common basement comprising approximately 2,100 SF which features newer individual gas furnaces and individual hot water heaters for each apartment. The electrical service has been modernized and features new breaker panels. There is also a coin-op washer and dryer for the tenants to share, which generates additional income, as well as individual storage lockers. 

The Prager Lombard Mansion is located on the corner of NW 21st & Everett in the heart of Portland’s most sought after neighborhood. Situated within walking distance to restaurants, parks, schools, supermarkets, retail stores, Providence Park, and a wide variety of transportation options, tenants here in the Alphabet District are just minutes from downtown Portland, the Pearl District and all the amenities the City has to offer.  

 
 
 

Boutique Apartments With Details Galore!

• Queen Anne Style Prager Lombard 8-Unit Mansion
• Pride of Ownership Historic Multi-Family Investment Property
• Located in the Heart of NW Portland
• Zoned High Density Residential
• Outstanding Architectural Detail & Character
• Five (5) 1BR/1BA Units & Three (3) Studios
• Two Top Floor Apartments Just Completed
• Apartments Feature Hardwood, Tiled Floors & Fireplaces
• All New Fire Sprinkler Throughout Building
• All Apartments Individually Metered for Electricity & Gas
• Newer Individual Gas Furnaces
• Newer Hot Water Heaters & Electrical Panel

 
 

Restaurants, Shopping and More!

The Prager Lombard Mansion is located on the corner of NW 21st & Everett in the heart of Portland’s most sought after neighborhood.  Situated within walking distance to restaurants, parks, schools, supermarkets, retail stores, Providence Park, and a wide variety of transportation options, tenants here in the Alphabet District are just minutes from downtown Portland, the Pearl District and all the amenities the City has to offer.