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$2,950,000

  • For Sale
  • Active
  • Multi-Family
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Attractive 10-unit apartment building located on a prominent quarter-acre corner lot in Portland's vibrant Buckman neighborhood. The property consists of spacious 2-bedroom / 1-bath units, each approximately 912 square feet, offering large, open living areas that are increasingly rare in close-in Portland multifamily. Built in the mid-1970s, the building has seen recent exterior improvements including a newer roof, updated siding, and fresh exterior paint, supporting long-term durability and reduced maintenance. The asset benefits from a solid rental history and consistent tenant demand driven by exceptional access to transit, shopping, restaurants, and neighborhood amenities. Additional features include off-street parking, shared laundry facilities, tenant storage, and dedicated bike storage-an ideal amenity mix for the Buckman submarket. This makes for an attractive asset for both tenants and investors seeking stable income in a prime close-in location.

Full Property Details for 1626 SE Ash St

General

  • Price: $2,950,000
  • Taxes: $17,615 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 133216820
  • Updated: 1/24/2026
  • Added to Site: 38 day(s) ago

Rental Information

  • Rent Includes: Maintenance Grounds

Parking

  • Total Spaces: 5
  • Parking Features: Off Street, On Street

Location

  • County: Multnomah
  • Subdivision: Buckman
  • Driving Directions: Corner of SE 16th & SE Ash

School Information

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

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space, Exterior Entry, Partial Basement
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 9,120
  • Year Built: 1973
  • Property Condition: Approximately

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Paved
  • Lot Features: Corner Lot, Level, Public Road

Financial Considerations

  • Operating Expenses: $66,271
  • Tax Amount: $17,615.5
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: NICHOLSONS ADD, BLOCK 3, LOT 7&8
  • Property ID: R225703

Listed by John L. Scott Portland Central (503) 230-8600, Doug Landers (503) 936-3905 and John L. Scott Portland Central (503) 230-8693, Maddie Landers (503) 936-4961

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Listing agents

— 1626 SE Ash St —

  • Doug Landers

    John L. Scott Portland Central

    503-230-8600

  • Maddie Landers

    John L. Scott Portland Central

    503-230-8693

neportland@johnlscott.com

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1626 SE Ash St

School District:Portland School District 1j
NameGradesDistance
Buckman Elementary School
320 Southeast 16th Avenue, Portland, OR 97214
K-50.1 mi
Hosford Middle School
2303 Southeast 28th Place, Portland, OR 97214
6-81.2 mi
Cleveland High School, Portland, OR
3400 Southeast 26th Avenue, Portland, OR 97202
9-121.6 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 1626 SE Ash St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/24/2026
Listed
$2,950,000
25.53%
MLS
5/18/2023
Sold
$2,350,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1626 SE Ash St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,616
4%
$653,760
3%
2024
$16,982
4%
$634,720
3%
2023
$16,330
4%
$616,240
6%
2021
$15,706
-2%
$580,880
-3%
2022
$15,976
2%
$598,300
6%
2021
$15,706
10%
$563,970
3%
2019
$14,307
6%
$547,550
3%
2018
$13,470
4%
$531,610
3%
2017
$12,910
9%
$516,130
3%
2016
$11,815
3%
$501,100
3%
2015
$11,505
2%
$486,510
3%
2014
$11,331
2%
$472,340
3%
2013
$11,067
—
$458,590
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by John L. Scott Portland Central (503) 230-8600, Doug Landers (503) 936-3905 and John L. Scott Portland Central (503) 230-8693, Maddie Landers (503) 936-4961

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1626 SE Ash St, Portland, OR 97214 (MLS# 133216820) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 1626 SE Ash St is currently listed for $2,950,000 and was received on January 24, 2026. Want to learn more about 1626 SE Ash 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.

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