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$1,628,200
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Property Description
Incredible investment opportunity - Classic 9 unit building in Portland's vibrant Buckman neighborhood! Filled with vintage Portland charm, this brick building sits up off the street with a serene courtyard entry and tuck under garages for each unit! Fully rented with eight 2 bed/1 bath units, one 1 bedroom unit, and a full basement complete with laundry, bike storage, and separate tenant storage! Classic hardwood floors, great layout, meticulously maintained and great rents! Perfect location in the heart of Portland's East side- walk score of 96 and bike score of 95! Super convenient, close to shops, pubs, restaurants, transit, and more!
Full Property Details
Full Property Details for 1501 SE Oak St
General
- Sold For: $1,628,200
- Taxes: $15,146 (2024)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 24669471
- Added to Site: 401 day(s) ago
Rental Information
- Rent Includes: Maintenance Grounds, Trash Collection
Parking
- Garage: Yes
- Parking Features: Garage
Location
- County: Multnomah
- Subdivision: BUCKMAN
- Driving Directions: Stark to 15th, N to property
School Information
- Midd School District: Hosford
- Elementary School: Buckman
- Middle School: Hosford
- High School: Cleveland
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Heating Type: Baseboard, Wall Heater
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Full Basement
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 8,334
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size: 10, 000 to 14, 999 SqFt
- Frontage: Paved
- Lot Features: Level
Financial Considerations
- Operating Expenses: $63,080
- Tax Amount: $15,146.52
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: R100745
Listed by John L. Scott (503) 624-2900, Tom Ramsey (503) 481-0501
Sold by MORE Realty (503) 353-6673, Jeff Stephens
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Schools
Schools serving 1501 SE Oak St
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Buckman Elementary School 320 Southeast 16th Avenue, Portland, OR 97214 | K-5 | 0.1 mi |
Hosford Middle School 2303 Southeast 28th Place, Portland, OR 97214 | 6-8 | 1.2 mi |
Cleveland High School, Portland, OR 3400 Southeast 26th Avenue, Portland, OR 97202 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1501 SE Oak St
Date
Details
Price
Change
Source
10/20/2025
Sold
$1,628,200
-14.08%
MLS
5/19/2025
Price Reduced
$1,895,000
-5.01%
MLS
4/01/2025
Price Reduced
$1,995,000
-4.77%
MLS
3/04/2025
Price Reduced
$2,095,000
-4.56%
MLS
1/30/2025
Price Reduced
$2,195,000
-4.36%
MLS
12/13/2024
Listed
$2,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1501 SE Oak St, Portland, OR 97214 (MLS# 24669471) is a Multi-Family property that was sold at $1,628,200 on October 20, 2025. Want to learn more about 1501 SE Oak St? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

