1035 SE 14TH AVE, Portland, OR 97214

$949,000
2,824
SqFt

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List Price
$949,000
Days on Market
54
MLS#
314073309
Property Type
Multifamily
Sqft. of Residence
2,824
Lot Size
0K to 2, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

Property Description

Charming, fully restored 6-unit building in Portland's Buckman neighborhood, between the popular Belmont and Hawthorne shops and restaurants. Walk Score 96 (Walker's Paradise) & Bike Score 97 (Biker's Paradise). 2018 studs-out remodel included electrical wiring and panels, water lines, water heaters, doors, bathrooms, common area, washer/dryer/storage room, and kitchens with new cabinets, quartz countertops, and stainless appliances. New roof in 2020; common-area windows in 2021. Unit mix: three 1BD/1BA, one 2BD/1BA, and two upstairs studios sharing one bath — currently 100% occupied. A prime close-in investment opportunity to acquire a turn-key, well-performing asset in one of Portland's strongest submarkets. Current gross monthly income: $8,090 base rent + $75 pet rent, with 2025 utility reimbursements averaging ~$536/month.

Additional Information

Tax Amount
$12,435
Year Built
1908
High School
Cleveland
Elementary School
Buckman
Middle School
Hosford
Acres
0.06
Living Area
2,824
Terms
Cash, Conventional
Cooling Description
Wall Unit(s)
Fuel Description
Electricity
Heating Description
Wall Heater
Hoa Rent Includes
Maintenance Grounds, Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Cedar
Roof Type
Composition
Sewer Description
Public Sewer
Road Surface
Concrete
Number Of Units Total
6
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1450
Unit Type One Sq Ft
530
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1345
Unit Type Three Sq Ft
450
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
925
Unit Type Four Sq Ft
260
Unit Type Four Units Total
1
Unit Type Five Rent
950
Unit Type Five Sq Ft
210
Unit Type Five Units Total
1

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Calculator source: Real Geeks

Listing courtesy of Constant Commercial Real Estate Inc.

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