$799,000
$51K PRICE DROP

1804 SE Madison St Unit 1806 Portland, OR 97214

Buckman Neighborhood

Estimated payment $5,092/month

Total Views 4,254
4 Beds
2 Baths
3,906 Sq Ft
$205 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Corner Lot
  • Laundry Facilities
  • Cleveland High School Rated A-
  • Forced Air Heating System
  • 5-minute walk to Colonel Summers Park

About This Home

One of a kind duplex built in 1904 on a beautiful tree lined street in the Buckman neighborhood. The seller has been upgrading and repairing this property for the past 16 years including a new roof in 2024. The main level features hardwood floors, built-ins & beautiful vintage woodwork. The upstairs unit is huge with 3 bedrooms and a finished attic with all kinds of flex space. There is a full basement for storage and laundry.

Listing Agent

Brian Porter

Opt Brokerage Phone: 503-810-2219 License #200305174 Listed on: 05/29/2025

Co-Listing Agent

Theresa deSousa + Brian Spear

Opt Brokerage Phone: 503-810-2219 License #200312221

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,146

Year Built

  • Built in 1904 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,906 Sq Ft Home
  • 3-Story Property
  • Views of Woods
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Schools

  • Buckman Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R196917

Community Details

Overview

  • 2 Units
  • Buckman Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $24,849
  • Gross Income $50,440
  • Net Operating Income $25,591

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,146

Year Built

Built in 1904 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1904
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, Unfinished
  • Storage: Basement
  • Total Bedrooms: 4
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.0
  • Parcel #: R196917

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 8146.47

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.84
  • Annual Gross Income: 50440.0
  • Property Net Operating Income: 25591.0
  • Annual Operating Expense: 24849.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $8,146 $295,620 $0 $0
2022 $7,664 $287,010 $0 $0
2021 $7,534 $278,660 $0 $0
2020 $6,912 $270,550 $0 $0
2019 $6,658 $262,670 $0 $0
2018 $6,462 $255,020 $0 $0
2017 $6,193 $247,600 $0 $0
2016 $5,668 $240,390 $0 $0
2015 $5,519 $233,390 $0 $0
2014 $5,436 $226,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Price Changed $799,000 -6.0% $205 / Sq Ft
05/29/2025 05/29/25 For Sale $850,000 -- $218 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,400 New Conventional
Closed $337,400 New Conventional
Source: Public Records

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See All Homes in Portland

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 716566981

Regional Multiple Listing Service (RMLS)

APN: R196917

Oregon Multnomah County Portland 97214 Buckman

1804 SE Madison St Unit 1806, Portland, OR

This home is located at 1804 SE Madison St Unit 1806, Portland, OR 97214 and is currently priced at $799,000, approximately $204 per square foot. This property was built in 1904. 1804 SE Madison St Unit 1806 is a home located in Multnomah County with nearby schools including Buckman Elementary School, Hosford Middle School, and Cleveland High School.

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