Incredible investment opportunity - Classic 9 unit building in Portland’s vibrant Buckman neighborhood! Filled with vintage Portland charm, this brick building sits up off the street with a serene courtyard entry and tuck under garages for each unit! Fully rented with eight 2 bed/1 bath units, one 1 bedroom unit, and a full basement complete with laundry, bike storage, and separate tenant storage! Classic hardwood floors, great layout, meticulously maintained and great rents! Perfect location in the heart of Portland's East side- walk score of 96 and bike score of 95! Super convenient, close to shops, pubs, restaurants, transit, and more!
Active
Price cut: $100K (4/1)
$1,995,000
1501 SE Oak St, Portland, OR 97214
17beds
8,334sqft
Est.:
Multi Family
Built in 1954
-- sqft lot
$-- Zestimate®
$239/sqft
$-- HOA
What's special
Brick buildingClassic hardwood floorsGreat layoutSerene courtyard entry
- 143 days
- on Zillow |
- 496 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 09:52am
Listed by:
Tom Ramsey 503-481-0501,
John L Scott Portland SW
Source: RMLS (OR),MLS#: 24669471

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Baseboard
Appliances
- Included: Range, Refrigerator, Electric Water Heater
Features
- Flooring: Hardwood
- Basement: Full,Storage Space
Interior area
- Total structure area: 8,334
- Total interior livable area: 8,334 sqft
Property
Parking
- Parking features: Garage
- Garage spaces: 9
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 10,018.8 Square Feet
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: R100745
- Zoning: r1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: All Landscaping
- Subdivision: Buckman
Location
- Region: Portland
Financial & listing details
- Price per square foot: $239/sqft
- Annual tax amount: $15,146
- Date on market: 12/13/2024
- Listing terms: Cash,Conventional
- Total actual rent: 13271
- Road surface type: Paved
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