1935 SE WASHINGTON ST, Portland, OR 97214

$1,500,000

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List Price
$1,500,000
Days on Market
1
MLS#
611616346
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Southeast
Status
ACTIVE

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

Additional Information

Tax Amount
$5,249
Year Built
1891
High School
Cleveland
Elementary School
Buckman
Middle School
Hosford
Acres
0.08
Stories
2
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Electricity
Heating Description
Baseboard, Zoned
Hoa Rent Includes
Maintenance Grounds
Hot Water Description
Electricity, Gas
Exterior Description
Shingle Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
On Street
Security Or Entry
Unknown
Parking Description
On Street
Road Surface
Paved
Number Of Units Total
6
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1400
Unit Type One Sq Ft
510
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
1150
Unit Type Three Sq Ft
510
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
720
Unit Type Four Sq Ft
510
Unit Type Four Units Total
1
Unit Type Five Rent
1150
Unit Type Five Sq Ft
510
Unit Type Five Units Total
1

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