SEARCH LISTINGS
SEARCH LISTINGS › 1626 SE ALDER ST
Rate this listing
Print Facebook X Email SMS

1626 SE ALDER ST

Portland, OR 97214
Square Ft.
4,813
Active
Multifamily
Property Photo
Property Photo
Property Photo
Property Photo
Property Photo
Property Photo
Property Photo
Property Photo
Property Photo
Property Photo
$900,000
Norris & Stevens Inc., is pleased to present for purchase this 7-unit multi-family property located at 1626 SE Alder Street, Portland, OR 97214. Built in 1903, the asset is comprised of five 1-bedroom/1-bath units and two studio units. Positioned in a prime pocket of Southeast Portland’s Buckman neighborhood, the… Read MoreRead Less
Listing courtesy of Norris & Stevens Investment Real Estate Services.
Listing Snapshot
Days Online
115
Last Updated
Square Ft.
4,813
Lot Size
0.11 Acres
Year Built
1903
MLS Number
139651965
30 Days Snapshot Of 97214
$844k
+28%
(avg) sold price
6
-66%
homes sold
37
+68%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: FullBasement, StorageSpace, Unfinished
Building
Building Area Total: 4813, Built in 1903, Storage: Basement, IndividualStorageUnits, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Community
Community Features: Laundry
Expenses
Operating Expense: $48,813
Exterior Features
Exterior Description: WoodSiding
Garage
Garage Spaces: 2
Heating
Heating: Baseboard, WallHeater
Income
CAP Rate: 5.81, Gross Income: $101,083, Gross Rent Multiplier: 8.9, Net Operating Income: $52,270
Lot
Size Acres: 0.11, Size Range: SqFt5000to6999, Size Square Feet: 4,791, Size: 5,000 to 6,999 SqFt
Parking
Features: Driveway, Garage, 2 total parking spots
Property
Number Of Units Total: 7, Property Condition: Existing, Zoning: R2.5
Roof
Roof: Composition, Shingle
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $10,709, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,078, Area: 272, Features: Microwave, Range, Refrigerator, Units Total: 2, 1 total bathroom
Unit Two
Actual Rent: $1,283, Area: 484, Features: Microwave, Range, Refrigerator, Units Total: 2, 1 total bathroom, 1 total bedroom
Unit Three
Actual Rent: $1,123, Area: 490, Features: Microwave, Range, Refrigerator, Units Total: 3, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Gas, Water Source: PublicWater
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Erika George and Kari McGee
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.
Buckman Elementary School 503-916-6230 Public KG-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 Public 9-12
Buckman Elementary School 503-916-6230 Public KG-5
Buckman Elementary School 503-916-6230 Public KG-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 Public 9-12

Similar Listings

View More Listings
$800,000
2406 SE YAMHILL ST
Portland, OR
3,110 Sqft
$875,000
3955 SE MADISON ST
Portland, OR
3,000 Sqft
$750,000
3236 SE YAMHILL ST
Portland, OR
2,475 Sqft

Listing content is © RMLS, Portland, Oregon.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Living Room Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.