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942 SE 16th AVE

Portland, OR 97214
Square Ft.
3,406
Active
Multifamily
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$695,000
The Buckman Fourplex is a well-located 1904 vintage asset in the heart of Southeast Portland’s highly desirable Buckman neighborhood. Positioned on a quiet residential street just minutes from Hawthorne, Belmont, and Division corridors, the property offers residents immediate access to some of Portland’s best dining, retail, and entertainment options. The… Read MoreRead Less
Listing courtesy of Rarebird Real Estate.
Listing Snapshot
Days Online
5
Last Updated
Square Ft.
3,406
Lot Size
0.11 Acres
Year Built
1904
MLS Number
780946911
30 Days Snapshot Of 97214
$656k
-22%
(avg) sold price
12
+100%
homes sold
50
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: PartialBasement, Unfinished
Building
Building Area Total: 3406, Built in 1904, Storage: Basement, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Community
Community Features: Laundry
Cooling
Cooling: None
Expenses
Operating Expense Scheduled: 23827, Operating Expense: $24,129
Exterior Features
Exterior Description: WoodSiding
Heating
Heating: WallHeater
Income
CAP Rate: 4.07, Gross Income: $52,435, Gross Rent Multiplier: 13.25, Gross Scheduled Income: $62,516, Net Operating Income: $28,306, Net Scheduled Income: 38689
Lot
Features: Level, Size Acres: 0.11, Size Range: SqFt3000to4999, Size Square Feet: 4,791, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: Leases
Parking
Features: OnStreet
Property
Number Of Units Total: 4, Property Condition: Approximately, Zoning: R5
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $8,762, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,350, Area: 535, Units Total: 1, 1 total bathroom
Unit Two
Actual Rent: $739, Area: 320, Units Total: 1, 1 total bathroom
Unit Three
Actual Rent: $1,350, Area: 402, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $1,395, Area: 653, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater
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Erika George and Kari McGee
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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

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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.