1822 Se Ash St, Portland, Oregon 97214

OR, Portland
$865,000
  • 0.12 Acre
  • MultiFamily Property Type
  • 1976 Year Built
  • Pending Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
Property Description

Ideally Situated In The Highly Sought-after Buckman Neighborhood, Between E Burnside St And Se Stark St, This Tri-plex Combines Strong Rental Income With An Ideal Rental Location. All Three Units Are 2 Bedroom / 1 Bathroom Townhomes With Spacious Living Rooms, Washer / Dryer Hookups & Dining Areas Off The Kitchen Leading To Private Patios. The Property Has Been Very Well Managed And Maintained, Including New Siding In 2020, A New Roof In 2024 & New Fencing In 2026. Additionally, The Units Have Been Nicely Updated As Needed Upon Turnover With New Appliances, Flooring And Doors. Each Unit Enjoys One Off-street Parking Spot. With Reliable Renters & A Proven Income Record, This Is An Opportunity To Own A Stable, Low-maintenance Investment In One Of Portland’s Most Desirable Close-in Locations. at A 5.29% Cap Rate & 13.12 Grm, This Property Provides Steady Cash Flow From Day One. With Current Market Rents & Low Turnover, Investors Can Expect Consistent Returns & Long-term Value Growth.

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 789587158
  • Price: $865,000
  • Year Built: 1976
  • Lot Area: 0.12 Acre
  • Status: Pending
  • Office Name: Township Properties Real Estate LLC
  • Agent Name: Marc Rogers
  • Roof: Composition
Features
  • Heating System Baseboard,Wall Heater
  • Cooling System None
  • Basement Crawl Space
  • Parking Off Street
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Multnomah
  • City Portland
  • Zipcode 97214
  • Street: ASH
  • Street Number: 1822
  • Street Suffix: ST
  • Longitude: W123° 21' 11.1''
  • Latitude: N45° 31' 16.5''
  • Street Dir Prefix: SE
  • Zoning: R2.5
  • Mls Area Major: _143
Neighborhood
  • Elementary School: Buckman
  • High School: Cleveland
  • Middle School: Hosford
Additional Information
  • Stories: 2
  • Water Source: Public Water
  • Building Size: 2496
  • Community Features: All Landscaping
  • Foundation Details: Concrete Perimeter
  • Number Of Units Total: 3
  • On Market Date: 2026-02-23
  • Rent Includes: Sewer, Trash Collection, Water
Financial
  • Tax Annual Amount: 7673.64
Listing Information
  • Status Change Timestamp: 2026-03-02T08:38:12Z
  • Co List Agent Full Name: Kathy Rogers
  • Co List Agent Mls Id: KAROGERS
  • Co List Office Mls Id: TNPR01
  • Co List Office Name: Township Properties Real Estate LLC
  • List Agent Mls Id: ROGERSMA
  • List Office Mls Id: TNPR01
  • Listing Term: Cash, Conventional
  • Mls Status: Pending
  • Modification Timestamp: 2026-03-02T16:38:12Z
  • Originating System Name: RMLS
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Friday, 13 March Mist 10 / 11
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