1822 SE Ash St, Portland, OR 97214

Portland
Local realty services provided by:Knipe Realty ERA Powered
1822 SE Ash St,Portland, OR 97214
$865,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: marc rogers, kathy rogers
Office: township properties real estate llc.
MLS#:789587158
Source:PORTLAND

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Price summary

  • Price:$865,000

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:39 day(s) ago
  • Updated:April 04, 2026 at 06:18 AM

Rooms and interior

  • Basement Description:Crawl Space

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1976
  • Lot Features:Level
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

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

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$865,000
  • Tax amount:$7,674 (2025)

Parking

  • Total parking spaces:3
  • Parking description:Off Street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: April 4, 2026

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