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Listed price in listed location currency (USD).
$865,000

003

MLS® 789587158

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes $7,674
Days Active 0
Approx. Age 1976
MLS® Number 789587158

Property Address: 1822 Se Ash St, Portland, OR, 97214-1528

Average square foot calculated using Size range provided by listing agent.

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. 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 anopportunity 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.
MLS® Number789587158
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1976
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 24, 2026List Date
$865,000List Price
  • Commute

Commute

Starting Address
Destination Address
1822 Se Ash St, Portland, OR

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