1626 SE Alder St, Portland, OR 97214

Portland
Local realty services provided by:Columbia River Realty ERA Powered
1626 SE Alder St,Portland, OR 97214
$900,000
  • - Beds
  • - Baths
  • 4,813 sq. ft.
  • Multi-family
  • Pending
Listed by: david keys
Office: norris & stevens investment real estate services
MLS#:139651965
Source:PORTLAND

Price summary

  • Price:$900,000
  • Price per sq. ft.:$186.99

About this home

Norris & Stevens Inc., is pleased to present for purchase this 7-unit multi-family property located at 1626 SE Alder Street, Portland, OR 97214. Built in 1903, the asset is comprised of five 1-bedroom/1-bath units and two studio units. Positioned in a prime pocket of Southeast Portland’s Buckman neighborhood, the property offers immediate access to the Belmont retail corridor as well as the nearby Hawthorne District, Central Eastside, and downtown Portland. The location provides excellent walkability, bike access, and connectivity to major employment and lifestyle hubs, ensuring consistent rental demand. The property also presents a value-add opportunity through unit renovations, common area improvements, and bringing rents in line with market levels. With strong fundamentals, upside potential, and a highly desirable location, 1626 SE Alder represents a rare opportunity to invest in one of Portland’s most active submarkets.

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Home facts

  • Year built:1903
  • Listing ID #:139651965
  • Added:169 day(s) ago
  • Updated:March 19, 2026 at 07:19 AM

Rooms and interior

  • Basement Description:Full Basement, Storage Space, Unfinished
  • Living area:4,813 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1903
  • Building area:4,813 sq. ft.
  • Lot area:0.11 Acres
  • Levels:3 Stories

Schools

  • High school:Other
  • Middle school:Hosford
  • Elementary school:Buckman

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$900,000
  • Price per sq. ft.:$186.99
  • Tax amount:$10,709 (2024)

Parking

  • Total parking spaces:2
  • Parking description:Driveway, Garage
  • Garage spaces:2
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