1822 SE Ash St, Portland, OR 97214
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
1822 SE Ash St,Portland, OR 97214
$865,000
- - Beds
- - Baths
- 2,496 sq. ft.
- Multi-family
- Active
Listed by: marc rogers, kathy rogers
Office: township properties real estate llc.
MLS#:789587158
Source:PORTLAND
Price summary
- Price:$865,000
- Price per sq. ft.:$346.55
About this home
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.
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Home facts
- Year built:1976
- Listing ID #:789587158
- Added:1 day(s) ago
- Updated:February 24, 2026 at 04:24 PM
Rooms and interior
- Living area:2,496 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1976
- Building area:2,496 sq. ft.
- Lot area:0.12 Acres
Schools
- High school:Cleveland
- Middle school:Hosford
- Elementary school:Buckman
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$865,000
- Price per sq. ft.:$346.55
- Tax amount:$7,674 (2025)
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