This investment property has proven cash flow, low vacancy, and great long-term potential with its RM2 zoning - allowing for much higher density. The fantastic Buckman/Kearns location is a stone's throw to Whole Foods Market, transportation links, and great dining and nightlife options! These are side-by-side units. The home at 2323 is vacant and staged. The vacant unit allows for an immediate owner-occupier. Or, choose your own tenant. While photos in this listing also include the occupied unit at 2325, the occupied unit is not available for showing until after there is an accepted offer. Please do not disturb the 2325 tenant. This excellent 3-year renter has rolled over to month-to-month. The roof, windows, and interior and exterior paint are less than 5 years old. One unit has a new furnace and a new refrigerator. One unit has refinished fir floors on the main. Walk score of 97 + Bike score of 99 = Walker's and Biker's Paradise. Each unit features a total of 1616 sf of gross building area. The size breakdown for each unit is County records divided by two: Main Level 593sf per unit, Upper Level 430sf per unit, Unfinished Basement 593sf per unit. The clothes washer and dryer in 2323 are available with the sale.
Sold
$775,000
2323 SE Ash St, Portland, OR 97214
4beds
3,232sqft
Multi Family
Built in 1926
-- sqft lot
$774,600 Zestimate®
$240/sqft
$2,040 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 29, 2025 at 03:12am
Listed by:
Blake Vigna 503-201-9741,
InSight Real Estate
Bought with:
Foster Finch, 860300017
MORE Realty
Source: RMLS (OR),MLS#: 208621970

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Range, Refrigerator, Washer/Dryer, Gas Water Heater
Features
- Flooring: Wood
- Basement: Partial,Storage Space
Interior area
- Total structure area: 3,232
- Total interior livable area: 3,232 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Paved
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 6,098 sqft
- Dimensions: 50 x 120
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R144348
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Asbestos, Shingle Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1926
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: None
Location
- Region: Portland
- Subdivision: Buckman
HOA & financial
Other financial information
- Total actual rent: 4175
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
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Estimated market value
$774,600