$1,315,000
$20K PRICE INCREASE

Estimated payment $8,347/month

Total Views 749,088
7 Beds
5 Baths
3,400 Sq Ft
$387 Price per Sq Ft

Highlights

  • 0.18 Acre Lot
  • Laundry Facilities
  • No Heating
  • No HOA
  • Wood Siding

About This Home

Park like setting in this one of a kind eco friendly 5 unit multifamily investment in A+ Buckman location. Situated up and off the street, this mid-century plex was entirely renovated in 2010/2011 with no expense spared! With modern touches, solar panels & durable materials, the Dawg Terrace is built to last and provide a low maintenance and easy to enjoy investment. Fully leased investment with over $100k in annual gross revenue. Don't miss this fantastic opportunity!

Listing Agent

Hope Beraka

Think Real Estate License #200603056 Listed on: 09/23/2024

Think Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,023

Year Built

  • Built in 1968

Lot Details

  • 7,840 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Wood Siding
  • Cement Siding

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Schools

  • Sunnyside Env Elementary And Middle School
  • Franklin High School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R175577

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Buckman Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • Operating Expense $24,000
  • Gross Income $100,140
  • Net Operating Income $76,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,023

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1968
  • Property Condition: Restored
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, None
  • Storage: IndividualStorageUnits,Locked
  • Total Bedrooms: 7
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Road Surface Type: Paved
  • Roof: Other

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons, Laundry
  • Association: No

Schools

  • Elementary School: Sunnyside Env
  • High School: Franklin
  • Middle Or Junior School: Sunnyside Env

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.0
  • Parcel #: R175577

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 13022.65

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 13.13
  • Annual Gross Income: 100140.0
  • Property Net Operating Income: 76140.0
  • Annual Operating Expense: 24000.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $1,315,000 0.0% $387 / Sq Ft
06/02/2025 06/02/25 For Sale $1,315,000 +1.5% $387 / Sq Ft
03/28/2025 03/28/25 Off Market $1,295,000 -- --
09/23/2024 09/23/24 For Sale $1,295,000 +0.8% $381 / Sq Ft
07/12/2017 07/12/17 Sold $1,285,000 -14.3% $378 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $1,500,000 -- $441 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Similar Homes in Portland, OR

  • 2312 SE Madison St, Portland, OR 97214

    $1,095,000

    • 6 Beds
    • 5 Baths
    • 3,414 Sq Ft
    • 2312 SE Madison St
    • Portland, OR

    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

    Merilee Lloyd Mal & Seitz

    Section Image
  • 121 SE 30th Place Unit 127, Portland, OR 97214

    $1,175,000

    • 6 Beds
    • 4 Baths
    • 3,240 Sq Ft
    • 121 SE 30th Place
    • Unit 127
    • Portland, OR

    New price on this solid Mid-century 4 Plex. Variety of units for rich returns. Lots of opportunity to increase return on investment with this buy. Estimated 6.97 Cap Rate could be easy to reach based on market rents on newly updated units. Updates done in 2025 include (in some or all vacant units) interior paint, kitchen and bathroom fans and fixtures, lighting, flooring, cadet heaters. Four

    Teri Toombs Wood Land Realty

    Section Image
  • 1408 SE 22nd Ave, Portland, OR 97214

    $1,400,000

    • 7 Beds
    • 7 Baths
    • 6,178 Sq Ft
    • 1408 SE 22nd Ave
    • Portland, OR

    This seven-unit multifamily property is located at the corner of SE 22nd and Madison in Portland’s highly desirable Buckman neighborhood. Built in 1904, this classic eastside building offers spacious one-bedroom units, each approximately 600 square feet, featuring hardwood floors, gas ranges, and abundant natural light.The property includes on-site laundry, a full basement with storage, and

    Benjamin Ficker Keller Williams Sunset Corridor

    Section Image
  • 215 NE 30th Ave Unit 217, Portland, OR 97232

    $1,235,000

    • 7 Beds
    • 5 Baths
    • 3,998 Sq Ft
    • 215 NE 30th Ave
    • Unit 217
    • Portland, OR

    Live in One, Rent the Others – Modern Tri-Plex in the Heart of Kerns!Rare opportunity to own a stylishly updated tri-plex in Portland’s vibrant Kerns neighborhood—ranked the #5 Coolest Neighborhood in the World by Time Out and A+ by Niche. This is the ideal setup for an owner-occupant looking to offset housing costs, multi-generational living, or even a group purchase where each buyer occupies a

    Matt Mahaffy Windermere Realty Trust

    Section Image
  • 2536 NE Hoyt St Unit 2540, Portland, OR 97232

    $1,300,000

    • 8 Beds
    • 5 Baths
    • 4,388 Sq Ft
    • 2536 NE Hoyt St
    • Unit 2540
    • Portland, OR

    Check out the location! Two triplexes side by side on two separate tax lots being sold together. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. Low rents on most units offers great potential for increase income and upside. Both off street and on street parking. Some recent updates in the kitchen with newer appliances.

    Chris Suarez Keller Williams Sunset Corridor

    Section Image
  • 2406 SE 30th Ave, Portland, OR 97214

    $1,100,000

    • 6 Beds
    • 3 Baths
    • 2406 SE 30th Ave
    • Portland, OR

    Rare opportunity to own two homes on one lot in one of the best locations in SE Portland! This 1929 English style home sits on a corner lot just a block off Division St on a beautifully tree lined street! With 5 bedrooms and 2 full baths, there's plenty of room for all! Original details throughout include hardwood floors, fireplace, built-ins, picture rails and coved ceilings. Full unfinished

    Jarrett Altman Neighborhood Works

    Section Image
  • 2112 SE Elliott Ave, Portland, OR 97214

    $1,200,000

    • 6 Beds
    • 3 Baths
    • 5,178 Sq Ft
    • 2112 SE Elliott Ave
    • Portland, OR

    Nestled in the heart of Portland’s beloved Ladd’s Addition Historic District, this stately 1912 Craftsman duplex offers over 5,000 square feet of timeless charm and flexible living space. Located on a wide, tree-lined street surrounded by architecturally significant homes, this property is just blocks from the vibrant cafes, restaurants, and shops of Hawthorne and Division Streets, and steps from

    Hope Beraka Think Real Estate

    Section Image
  • 4320 SE Hawthorne Blvd Unit 4326, Portland, OR 97215

    $1,100,000

    • 5 Beds
    • 3 Baths
    • 2,284 Sq Ft
    • 4320 SE Hawthorne Blvd
    • Unit 4326
    • Portland, OR

    Detached oversize one car garage with a long driveway. Each unit has an assigned huge storage. Bathtub on all units recently updated, New Garage door recently installed, New Toilet Bowl on Unit 4322. Most sought Hawthorne-Mt Tabor neighborhood. Good Restaurants, cafes and shopping at your door step.

    Paulina Ledda Riverside Global Realty LLC

    Section Image
  • 2634 NE Broadway St, Portland, OR 97232

    $1,190,000

    • 8 Beds
    • 6 Baths
    • 5,420 Sq Ft
    • 2634 NE Broadway St
    • Portland, OR

    Fantastic 5-Plex Investment Opportunity in the Heart of NE Portland. Located on a prominent corner lot at the intersection of Sullivan’s Gulch and Grant Park, this versatile 5-plex offers an exceptional opportunity for investors or owner-occupants. The property features a mix of 1-, 2-, and 3-bedroom units, 4 units currently rented under market value—providing significant upside potential. Each

    Wendy Zhu Crestview Realty, LLC

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24532351

Regional Multiple Listing Service (RMLS)

APN: 1S1E01BB 02200