LOCATION could not be sweeter on for this 5-plex just 1 block from Grand Central Bakery and all of the delights of Hawthorne St. Uniquely situation on the corner of Madison and SE 23rd, this 5 unit complex has 5 distinct layouts including 1 2/1 Unit and 4 1/1 Units: the "penthouse" spanning the entire upstairs and includes a den. This home has been beautifully maintained and includes gas stoves for all of the units and a mini-split in one of the units. The basement has coin-operated laundry and storage lockers for each unit. Three of the tenants are on month-to-month agreements, one lease ends June 30, 2025 and one ends July 31, 2025. Please do not disturb the tenants.
Active
$1,095,000
2312 SE Madison St, Portland, OR 97214
6beds
3,414sqft
Est.:
Multi Family
Built in 1906
-- sqft lot
$-- Zestimate®
$321/sqft
$-- HOA
What's special
Gas stoves
- 88 days
- on Zillow |
- 341 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: February 14, 2025 at 06:58am
Listed by:
Merilee Lloyd 503-307-2263,
Mal & Seitz
Source: RMLS (OR),MLS#: 718411460

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Mini Split, Other, Fireplace(s)
Cooling
- None, Air Conditioning
Appliances
- Included: Range, Refrigerator, Dishwasher, Gas Water Heater
- Laundry: Common Area
Features
- Storage
- Basement: Exterior Entry,Storage Space
Interior area
- Total structure area: 3,414
- Total interior livable area: 3,414 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 3,484.8 Square Feet
- Features: Corner Lot, SqFt 3000 to 4999
Details
- Parcel number: R244801
- Zoning: R2.5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1906
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Laundry
- Security: Fire Escape
- Subdivision: Buckman
Location
- Region: Portland
Financial & listing details
- Price per square foot: $321/sqft
- Annual tax amount: $10,612
- Date on market: 2/6/2025
- Listing terms: Cash,Conventional,FHA
- Total actual rent: 7675
- Road surface type: Paved
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