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1935 SE Washington St, Portland, OR 97214

$1,500,000

23 Photos

Property Description

Prime Buckman Multi-Family Investment in the Heart of Close-In Eastside. Exceptional opportunity to own a versatile multi-family 6 unit property in one of Southeast Portland's most vibrant and walkable enclaves. Situated at 1935 SE Washington Street, this property combines vintage architectural character with dependable rental appeal, offering strong income potential or a turnkey house-hacking setup in the thriving Buckman/Kerns corridor. The property features well-proportioned units designed to attract quality, long-term tenants, highlighted by functional layouts, abundant natural light, and on-site laundry convenience. Located just blocks from Colonel Summers Park, Revolution Hall, and the celebrated dining and retail destinations along SE Belmont, SE Morrison, and Stark Street, tenants enjoy the quintessential Portland lifestyle right outside their front door. With a phenomenal Walk Score, excellent bike corridors, and rapid transit access to downtown Portland, this property represents an outstanding addition to any portfolio looking for reliable cash flow and sustained long-term appreciation.Key Highlights:Historic close-in Eastside location with strong tenant demand,Convenient access to local cafes, grocery markets, parks, and dining Separate entrances, practical floor plans, and on-site laundry. Minutes to Downtown, the Central Eastside Industrial District, and Burnside transit routes. The basement was just renovated and turned into a 2 bedroom unit. No sign on property. DO NOT DISTURB TENANTS

1935 SE Washington St | MLS# 611616346

This multi-family property located at 1935 SE Washington St, Portland, OR 97214 is currently listed for sale with an asking price of $1,500,000. Search Portland real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, PartiallyFinished
Cooling: None
Fuel Type: Electricity
Heating: Baseboard, Zoned
Roof Type: Composition
Stories: 2.0
Taxes: $5,249
Year Built: 1891

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator
Rent: $1400.00
Square Footage: 510
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator
Rent: $1400.00
Square Footage: 510
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator
Rent: $1150.00
Square Footage: 510
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator
Rent: $720.00
Square Footage: 510
Total Units: 1
Unit Type 5:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator
Rent: $1150.00
Square Footage: 510
Total Units: 1
Unit Type 6:
Bathroom(s): 1
Bedrooms: 2
Features: Refrigerator
Rent: $3500.00
Square Footage: 775
Total Units: 1

Feature Descriptions

Days on Site: 3
Exterior: Shingle Siding, Wood Siding
Gross Income: $123956.00 (Actual)
Hot Water: Electricity, Gas
Lot: Sloped
Net Income: $110000.00 (Actual)
Operating Expenses: $13606.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Units: 6
Water: Public Water

Local Schools

High School: Cleveland
Middle School: Hosford
Elementary School: Buckman

Listed By / Shown By

Listed By

Agency Name: Realty-Match.com
Agency Phone: 503-784-0071

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimate Your Payment

Estimated Payment

$ 8,459.73 per month $7,584.82 Principal & Interest $437.42 Property Tax $437.50 Homeowner's Insurance

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