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About the Listing TNPR01 - ROGERSMA,KAROGERS
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 & new fencing in 2026. 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 an opportunity 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.
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,WallHeater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 3
- Zoning: R2.5
- Roof: Composition
- Others: Existing
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $7,674
- Taxes w/Assessments: N/A
- Tax/Property ID: R297180
- Tax Year: N/A
Payment Calculator
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Questions About..
1822 SE Ash St Portland, OR 97214
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