Incredible Investment or Owner-Occupant Opportunity in Prime SE Portland Location! Nestled on an oversized lot in the heart of the sought-after Buckman neighborhood, this well-maintained 4-plex sits ideally between Belmont and the vibrant Restaurant Row. All four units are thoughtfully laid out with 2 bedrooms, 1 bathroom, private outdoor space, and ample storage—perfect for renters or owner-occupants alike.With a strong rental history, on-site laundry, and off-street parking, this property offers both stability and upside. The Walk Score of 93 and Bike Score of 91 confirm it—this is a walker’s and cyclist’s paradise where daily errands don’t require a car. Just blocks to Whole Foods, cafes, parks (Colonel Summers, Sunnyside School, and Sewallcrest), and countless local favorites.Whether you're an investor, developer, or looking to live in one unit and rent the others, this is a rare chance to own a multifamily property in one of Portland’s most beloved neighborhoods.
Sold
$985,000
705 SE 27th Ave, Portland, OR 97214
8beds
3,184sqft
Multi Family
Built in 1968
-- sqft lot
$-- Zestimate®
$309/sqft
$7,466 Estimated rent
Home value
Not available
Estimated sales range
Not available
$7,466/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 06:07am
Listed by:
Marc Fox #AGENT_PHONE,
Keller Williams Realty Portland Premiere,
Chris Merz 971-221-2631,
Keller Williams Realty Portland Premiere
Bought with:
Mathew Wray, 201206758
Keller Williams Realty Portland Premiere
Source: RMLS (OR),MLS#: 186252147
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater
- Laundry: Common Area
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,184
- Total interior livable area: 3,184 sqft
Property
Parking
- Parking features: Assigned
Features
- Stories: 2
- Has view: Yes
- View description: Seasonal
Lot
- Size: 7,840 sqft
- Features: On Busline, Trees, SqFt 7000 to 9999
Details
- Parcel number: R175602
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Shake Siding, T111 Siding
- Roof: Composition
Condition
- Existing
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Commons, Laundry
Location
- Region: Portland
- Subdivision: Buckman
HOA & financial
Other financial information
- Total actual rent: 7000
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Sold | $985,000+1.7%$309/sqft |
Source:  RMLS (OR) #186252147 | ||
| 10/20/2025 | Pending sale | $969,000$304/sqft |
Source: RMLS (OR) #186252147 | ||
| 10/16/2025 | Listed for sale | $969,000-14.2%$304/sqft |
Source: RMLS (OR) #186252147 | ||
| 8/16/2021 | Sold | $1,130,000+22.2%$355/sqft |
Source: RMLS (OR) #21052472 | ||
| 6/25/2021 | Pending sale | $925,000$291/sqft |
Source: RMLS (OR) #21052472 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,964 +3.7% | $369,780 +3% |
| 2024 | $9,605 +4% | $359,010 +3% |
| 2023 | $9,236 +2.2% | $348,560 +3% |
Find assessor info on the county website
Neighborhood: Buckman
Nearby schools
GreatSchools rating
- 9/10Sunnyside Environmental SchoolGrades: K-8Distance: 0.5 mi
- 6/10Franklin High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Buckman
- Middle: Hosford
- High: Cleveland
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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