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1626 SE Ash St, Portland, OR 97214

$2,950,000

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Property Description

Attractive 10-unit apartment building located on a prominent quarter-acre corner lot in Portland's vibrant Buckman neighborhood. The property consists of spacious 2-bedroom / 1-bath units, each approximately 912 square feet, offering large, open living areas that are increasingly rare in close-in Portland multifamily. Built in the mid-1970s, the building has seen recent exterior improvements including a newer roof, updated siding, and fresh exterior paint, supporting long-term durability and reduced maintenance. The asset benefits from a solid rental history and consistent tenant demand driven by exceptional access to transit, shopping, restaurants, and neighborhood amenities. Additional features include off-street parking, shared laundry facilities, tenant storage, and dedicated bike storage-an ideal amenity mix for the Buckman submarket. This makes for an attractive asset for both tenants and investors seeking stable income in a prime close-in location.

1626 SE Ash St | MLS# 133216820

This multi-family property located at 1626 SE Ash St, Portland, OR 97214 is currently listed for sale with an asking price of $2,950,000. Search Portland real estate on tinaroberts.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: CrawlSpace, ExteriorEntry, PartialBasement
Fuel Type: Electricity
Heating: Baseboard
Roof Type: Composition
Stories: 2.0
Taxes: $17,616
Year Built: 1973
Square Feet: 9,120

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Disposal, Range, Refrigerator
Rent: $1899.00
Square Footage: 912
Total Units: 4
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Disposal, Range, Refrigerator
Rent: $1875.00
Square Footage: 912
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Disposal, Range, Refrigerator
Rent: $1845.00
Square Footage: 912
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Disposal, Range, Refrigerator
Rent: $1825.00
Square Footage: 912
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Disposal, Range, Refrigerator
Rent: $1665.00
Square Footage: 912
Total Units: 1
Unit Type 6:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Disposal, Range, Refrigerator
Rent: $1575.00
Square Footage: 912
Total Units: 1
Unit Type 7:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Disposal, Range, Refrigerator
Square Footage: 912
Total Units: 1

Feature Descriptions

Days on Site: 53
Exterior: Brick, Cement Siding, Lap Siding
Gross Income: $210422.00 (Actual)
Hot Water: Electricity
Lot: Corner Lot, Level, Public Road
Net Income: $144151.00 (Actual)
Operating Expenses: $66271.00 (Actual)
Parking: OffStreet, OnStreet
Parking Notes: OffStreet, OnStreet
Sewer: Public Sewer
Storage: Basement, IndividualStorageUnits
Units: 10
Water: Public Water

Local Schools

High School: Cleveland
Middle School: Hosford
Elementary School: Buckman

Listed By / Shown By

Listed By

Agency Name: John L. Scott Portland Central
Agency Contact: neportland@johnlscott.com

Shown By

Agent Name: Tina Roberts Broker
Agent Phone: (541) 419-9022
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 17,245.22 per month $14,916.81 Principal & Interest $1,468.00 Property Tax $860.42 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/19/2026. The listing information on this page last changed on 03/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/19/2026 1:31:30 AM EST) or RMLS (last updated Thu 03/19/2026 1:29:17 AM EST) or COAR/MLSCO (last updated Thu 03/19/2026 1:21:23 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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