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$2,500,000
411316024 MLS
Assumable Loan at 4.05% Interest til 2034One Two-Bedroom and Fourteen One-Bedroom UnitsThe Buckman neighborhood is one of Portland's most desirable. It is convenient to Interstates 5,405, 84, and 26, and offers easy access to Portland's extensive public transit system via both multiple bus lines and the Max light rail, just blocks away.The property itself boasts a Walkscore of 82 which deems the location to be a 'very walkable'. There is an array of restaurants, bars, shops, coffee houses, grocery stores and more. Nearby Colonel Summers Park offers a playground, dog park, community garden, sports courts, and plenty of green space to enjoy. Area planned developments, including additional residential and retail projects will continue to solidify the neighborhood's 'destination' and community feel.The immediate area surrounding the subject property has exhibited extremely high historical occupancy. When combined with the numerous walkable neighborhood amenities and ease of commute to downtown Portland, the subject property is ideally poised to attract and retain a wide variety of tenant profiles from urban professionals to young families seeking a close-in, convenient residential neighborhood. The property offers the opportunity to capitalize on a location that lends itself to continuous demand. As the Portland area's rents continue to increase, cash flow will grow steadily. The size of the property is easily owner-managed, allowing for significant expense savings.The asset will continue to provide a steady cash flow for the foreseeable future. This investment is ideal for someone looking for steady, reliable income in a low-vacancy, increasing-rent environment. Value-add investors can remodel the units to get top of the market rates withWalkscore of 94 “Walker’s Paradise”One Hundred and Thirteen Restaurants and Bars Within a Half Mile8.64% Total ReturnAcross the Street from Buckman ElementaryBuckman Neighborhood Commands Highest Rents in Close-In East Side

1800 SE STARK SE ST, Portland
$385,000
2 Beds ⋅ 1 Baths ⋅ 179731914 MLS
Unbeatable low-maintenance living in the heart of SE! This bright and inviting 2-bedroom condo includes a rare detached garage and is nestled within a quiet gated courtyard setting. Enjoy hardwood floors throughout, in-unit laundry, and an updated kitchen complete with stainless appliances, gas range, and tile backsplash. The floor plan lives comfortably with an open living and dining area and two well-sized bedrooms. Recently updated electrical and plumbing. Outside you can enjoy the landscaped common space, a garden area, dog run, and a small-community feel just blocks from Belmont / Hawthorne / Stark, which offer some of the city’s best dining, shopping, cafes, parks (Colonel Summers Park is just a block away!), and access to public transit. The detached garage offers a valuable parking spot, bike storage, gear storage, or flex space. HOA covers water, sewer, garbage, internet, gas, management, and exterior/common area maintenance, leaving electric as the primary utility bill. A smart, charming, and practical condo in one of Portland’s most walkable close-in locations!

929 SE 16TH AVE Unit #2, Portland
$2,500,000
16 Beds ⋅ 16 Baths ⋅ 214522863 MLS
Assumable Loan at 4.05% Interest til 2034One Two-Bedroom and Fourteen One-Bedroom UnitsThe Buckman neighborhood is one of Portland's most desirable. It is convenient to Interstates 5,405, 84, and 26, and offers easy access to Portland's extensive public transit system via both multiple bus lines and the Max light rail, just blocks away.The property itself boasts a Walkscore of 82 which deems the location to be a 'very walkable'. There is an array of restaurants, bars, shops, coffee houses, grocery stores and more. Nearby Colonel Summers Park offers a playground, dog park, community garden, sports courts, and plenty of green space to enjoy. Area planned developments, including additional residential and retail projects will continue to solidify the neighborhood's 'destination' and community feel.The immediate area surrounding the subject property has exhibited extremely high historical occupancy. When combined with the numerous walkable neighborhood amenities and ease of commute to downtown Portland, the subject property is ideally poised to attract and retain a wide variety of tenant profiles from urban professionals to young families seeking a close-in, convenient residential neighborhood. The property offers the opportunity to capitalize on a location that lends itself to continuous demand. As the Portland area's rents continue to increase, cash flow will grow steadily. The size of the property is easily owner-managed, allowing for significant expense savings.The asset will continue to provide a steady cash flow for the foreseeable future. This investment is ideal for someone looking for steady, reliable income in a low-vacancy, increasing-rent environment. Value-add investors can remodel the units to get top of the market rates withWalkscore of 94 “Walker’s Paradise”One Hundred and Thirteen Restaurants and Bars Within a Half Mile8.64% Total ReturnAcross the Street from Buckman ElementaryBuckman Neighborhood Commands Highest Rents in Close-In East Side

1800 SE STARK SE ST, Portland
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