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$865,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 hours ago
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Ideally situated in the highly sought-after Buckman neighborhood, between E Burnside St and SE Stark St, this tri-plex combines strong rental income with an ideal rental location. All three units are 2 bedroom / 1 bathroom townhomes with spacious living rooms, washer / dryer hookups & dining areas off the kitchen leading to private patios. The property has been very well managed and maintained, including new siding in 2020, a new roof in 2024 & new fencing in 2026. Additionally, the units have been nicely updated as needed upon turnover with new appliances, flooring and doors. Each unit enjoys one off-street parking spot. With reliable renters & a proven income record, this is an opportunity to own a stable, low-maintenance investment in one of Portland's most desirable close-in locations. At a 5.29% cap rate & 13.12 GRM, this property provides steady cash flow from day one. With current market rents & low turnover, investors can expect consistent returns & long-term value growth.

Full Property Details for 1822 SE Ash St

General

  • Price: $865,000
  • Taxes: $7,673 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 789587158
  • Updated: 2/24/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Rent Includes: Sewer, Trash Collection, Water

Parking

  • Total Spaces: 3
  • Parking Features: Off Street

Location

  • County: Multnomah
  • Subdivision: Buckman
  • Driving Directions: SE Ash St between SE 18th & SE 20th

School Information

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

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Wall Heater
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 2,496
  • Year Built: 1976
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Operating Expenses: $18,179
  • Tax Amount: $7,673.64
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: W W MCGUIRES ADD, BLOCK 2, LOT 2
  • Disclosures/Reports: Disclosure
  • Property ID: R297180

Listed by Township Properties Real Estate LLC (503) 704-9173, Marc Rogers (503) 703-0964 and Township Properties Real Estate LLC (503) 704-9173, Kathy Rogers (503) 704-9173

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Listing agents

— 1822 SE Ash St —

  • Marc Rogers

    Township Properties Real Estate LLC

    503-704-9173

  • Kathy Rogers

    Township Properties Real Estate LLC

    503-704-9173

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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 1822 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
6-81.1 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 1822 SE Ash St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/23/2026
Listed
$865,000
345.88%
MLS
8/04/1997
Sold
$194,000
—
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 1822 SE Ash St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,674
4%
$284,790
3%
2024
$7,398
4%
$276,500
3%
2023
$7,114
4%
$268,450
6%
2021
$6,842
-2%
$253,050
-3%
2022
$6,960
2%
$260,640
6%
2021
$6,842
13%
$245,680
3%
2019
$6,046
3%
$238,530
3%
2018
$5,868
4%
$231,590
3%
2017
$5,624
9%
$224,850
3%
2016
$5,147
3%
$218,310
3%
2015
$5,012
2%
$211,960
3%
2014
$4,937
2%
$205,790
3%
2013
$4,822
—
$199,800
—
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 Township Properties Real Estate LLC (503) 704-9173, Marc Rogers (503) 703-0964 and Township Properties Real Estate LLC (503) 704-9173, Kathy Rogers (503) 704-9173

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1822 SE Ash St, Portland, OR 97214 (MLS# 789587158) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1822 SE Ash St is currently listed for $865,000 and was received on February 23, 2026. Want to learn more about 1822 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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