1822 SE Ash St, Portland, OR 97214

Local realty services provided by:Columbia River Realty ERA Powered
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. 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.

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Home facts

  • Year built:1976
  • Listing ID #:789587158
  • Added:1 day(s) ago
  • Updated:February 24, 2026 at 02:32 AM

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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