2626 NE 16th Ave, Portland, OR 97212
Local realty services provided by:ERA Freeman & Associates, Realtors
2626 NE 16th Ave,Portland, OR 97212
$925,000
- - Beds
- - Baths
- 5,494 sq. ft.
- Multi-family
- Active
Listed by: cole roffman
Office: roffman real estate investments, llc.971-506-0502
MLS#:364546423
Source:PORTLAND
Price summary
- Price:$925,000
- Price per sq. ft.:$168.37
About this home
Irvington Eight offers eight rental units in a 1910 building in Portland's Irvington Historic District. Updated pictures and floorplan are pending. The three-story property combines six studio layouts and two one-bedroom layouts, with a mix of private and shared bathrooms. Unit interiors range from approximately 200 to 570 square feet. The building totals approximately 5,494 square feet, including 1,410 square feet of unfinished basement; approximately 4,084 square feet are above grade. Set on an approximately 5,000-square-foot lot with mature landscaping, the property includes a detached single-car garage, driveway parking, shared laundry, basement storage units and common areas. Limited-access entry and a fire sprinkler system are additional features. Public water and sewer serve the property. The property has been operated with furnished B&B/Airbnb stays and longer-term rentals. The offering package presents a conventional-rental pro forma, providing a basis for evaluating the property's income potential. Scheduled annual gross income is projected at $118,600, with operating expenses of $50,404.60 and net operating income of $62,465.40 after a $5,730 vacancy allowance. At the $925,000 asking price, projected NOI represents a 6.75% capitalization rate leased. A property information package with the unit schedule, financial presentation and supporting property details is available from the agent. The building is identified as contributing to the Irvington Historic District....
Contact an agent
Home facts
- Year built:1910
- Subdivision & Development:Irvington Eight
- Listing ID #:364546423
- Added:1 day(s) ago
- Updated:October 07, 2026 at 04:41 PM
Rooms and interior
- Basement Description:Full Basement, Unfinished
- Living area:5,494 sq. ft.
Heating and cooling
- Cooling:Exhaust Fan
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1910
- Building area:5,494 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Level, Public Road, Trees
- Foundation Description:Concrete Perimeter
- Levels:3 Stories
Schools
- High school:Jefferson
- Middle school:Harriet Tubman
- Elementary school:Irvington
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$925,000
- Price per sq. ft.:$168.37
- Tax amount:$11,990 (2025)
Parking
- Parking description:Driveway, Garage
- Garage spaces:1
New listings near 2626 NE 16th Ave
- Open Sat, 11am to 1pmNew
$485,000Active2 beds 1 baths1,822 sq. ft.2831 SE 74th Ave, Portland, OR 97206
MLS# 502439516Listed by: URBAN NEST REALTY - Open Sat, 1 to 3pmNew
$538,800Active3 beds 3 baths1,661 sq. ft.16058 SW Dewberry Ln, Portland, OR 97223
MLS# 705975575Listed by: PREMIERE PROPERTY GROUP, LLC - New
$750,000Active4 beds 3 baths2,864 sq. ft.16283 SW Stahl Dr, Portland, OR 97223
MLS# 492770616Listed by: WILLCUTS COMPANY REAL ESTATE - New
$139,000Active-- beds 1 baths408 sq. ft.1714 NW Couch St #1, Portland, OR 97209
MLS# 119833865Listed by: MAL & SEITZ - Open Sun, 12 to 2pmNew
$393,000Active3 beds 2 baths1,138 sq. ft.11726 SE Oak St, Portland, OR 97216
MLS# 155365633Listed by: RE/MAX ADVANTAGE GROUP - New
$600,000Active-- beds -- baths1,920 sq. ft.6204 NE Willow St, Portland, OR 97213
MLS# 193312957Listed by: SUMMA REAL ESTATE GROUP - New
$340,000Active1 beds 1 baths735 sq. ft.2525 N Killingsworth St #314, Portland, OR 97217
MLS# 231863868Listed by: WINDERMERE REALTY TRUST - New
$649,000Active5 beds 2 baths2,335 sq. ft.5012 N Yale St, Portland, OR 97203
MLS# 475558976Listed by: OREGON FIRST - New
$470,000Active-- beds -- baths1006 NE Tamera Ln, Portland, OR 97220
MLS# 197730400Listed by: KELLER WILLIAMS PDX CENTRAL