1923 Southeast Ash Street
1923 Southeast Ash Street
Portland, OR 97214
$1,550,000
Price
—
Beds
3,852 Sq. Ft.
$402 / Sq. Ft.
3,852
Sq. Ft.
$402
per Sq. Ft.
Description
High income 4-plex with additional rented "carriage house" in the large backyard. Well cared for and professionally managed property in the historic Buckman neighborhood includes spacious units, high ceilings, new windows, hardwood floors and updated electrical & plumbing. This one mixes classic architectural details with modern touches. Fully-fenced yard, basement storage, laundry for additional income. Great unit mix: main building includes three spacious 1/1 units and one 3/2 penthouse with expansive...High income 4-plex with additional rented "carriage house" in the large backyard. Well cared for and professionally managed property in the historic Buckman neighborhood includes spacious units, high ceilings, new windows, hardwood floors and updated electrical & plumbing. This one mixes classic architectural details with modern touches. Fully-fenced yard, basement storage, laundry for additional income. Great unit mix: main building includes three spacious 1/1 units and one 3/2 penthouse with expansive rooftop deck. Carriage house in large yard contains additional 1/1. Walking /biking distance to all cafes, restaurants, shops and bars along Hawthorne, Stark and Belmont, as well as all the action on 28th: Laurelhurst Theater, Whole Foods, Bamboo Sushi, Ken's Pizza, etc. A mile to downtown with easy access via public transport, bike, car, or walking. Buyer to perform their own due diligence and verify all information to their satisfaction. Could be a great opportunity for a 1031 exchange buyer. Seller financing also possible with a 40-50% down payment.
- Listed by Darren Stowell • Element Realty LLC
- Listed by Eric Sande • Element Realty LLC
Property Details for 1923 Southeast Ash Street
Subdivision
BUCKMAN
Parking FeaturesDriveway
ZoningR2.5
Garage Spaces.00
Parking Total1.00
Location
Listing Courtesy of Element Realty LLC
Add your commute
LISTING UPDATED: 05/07/2024 12:50 PM
Property Details for 1923 Southeast Ash Street
| Status | Active |
|---|---|
| MLS # | 24684021 |
| Days on Market | 17 |
| Taxes | $14,269 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1899 |
| Lot Size | 0.13 AC / 5,662 SF |
| County | Multnomah County |
Location
Listing Courtesy of Element Realty LLC
Add your commute
Building Information for 1923 Southeast Ash Street
Stories2Residences5Year Built1899Building Size-Lot Size0.13 AC / 5,662 SF
Payment Calculator
$9,648 per month
30 year fixed, 7.25% Interest
Principal and Interest
$8,459
Property Taxes
$1,189
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1923 Southeast Ash Street
Summary
Location and General Information
- Country: US
- Directions: SE Ash and 20th
- Road Surface: Concrete, Paved
School Information
- Elementary School: Buckman
- High School: Cleveland
- Middle Or Junior School: Hosford
Taxes and HOA
- Tax Year: 2023
- Tax Annual Amount: $14,269.29
- Parcel Number: R155967
- Tax Legal Description: ELIZA J MURPHYS ADD, BLOCK 2, W 48' OF LOT 2
Property
Lot Information
- Acres: 0.13
- Lot Size Square Feet: 5662.0
- Lot Size Range: Sq Ft5000to6999
- Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
- Property Type: Multi Family
- Water Description: Public Water
- Property Condition: Existing
- Year Built: 1899
Utilities
- Cooling Description: None
- Fuel Description: Gas
- Heating Description: Forced Air90
- Hot Water Description: Gas
- Sewer Description: Public Sewer
- Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
- Exterior Description: Hard Concrete Stucco, Wood Siding
- Roof Type: Composition, Shingle
Interior Features
- Basement: Exterior Entry, Full Basement, Storage Space
- Foundation Details: Concrete Perimeter, Other
- Stories: 2
Multi Family
Multi-Family Information
- Number Of Units Total: 5
- Gross Income Actual: $101,760.00
- Gross Income Projected: $110,400.00
- Gross Rent Multiplier: $15.23
- Investor Information: According To Owner, Leases, Profit Loss Statement
- Net Income Actual: $69,760.00
- Net Income Projected: 71760
- Operating Expenses Projected: $38,640.00
- Operating Expense: $32,000.00
- Storage: Basement
- Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
- SqFt Approximate Building Total: 3852
Unit 1 Information
- Unit Type 1 Baths Total: 1
- Unit Type 1 Beds Total: 1
- Unit Type 1 Features: Dishwasher, Fireplace, Hardwood Floors, Refrigerator
- Unit Type 1 Rent: $1,740
- Unit Type 1 SqFt: 925.0
- Unit Type 1 Units Total: 1
Unit 2 Information
- Unit Type 2 Baths Total: 1
- Unit Type 2 Beds Total: 1
- Unit Type 2 Features: Dishwasher, Hardwood Floors, Range, Refrigerator
- Unit Type 2 Rent: $1,565
- Unit Type 2 SqFt: 750.0
- Unit Type 2 Units Total: 1
Unit 3 Information
- Unit Type 3 Baths Total: 2
- Unit Type 3 Beds Total: 3
- Unit Type 3 Features: Deck, Dishwasher, Hardwood Floors, Refrigerator
- Unit Type 3 Rent: $2,525
- Unit Type 3 SqFt: 1200.0
- Unit Type 3 Units Total: 1
Unit 4 Information
- Unit Type 4 Baths Total: 1
- Unit Type 4 Beds Total: 1
- Unit Type 4 Features: Hardwood Floors, Range, Refrigerator
- Unit Type 4 Rent: $1,475
- Unit Type 4 SqFt: 750
- Unit Type 4 UnitsTotal: 1
Unit 5 Information
- Unit Type 5 Baths Total: 1
- Unit Type 5 Beds Total: 1
- Unit Type 5 Features: Range, Refrigerator
- Unit Type 5 Rent: $1,175
- Unit Type 5 SqFt: 600.0
- Unit Type 5 Units Total: 1
Property History for 1923 Southeast Ash Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1923 Southeast Ash Street
Taxable ValueLand-Additions-Total-
Tax Record2023$14,269 ($1,189 / month)
Home Facts
Baths5Total Finished SqFt450 SqFtAbove Grade Finished SqFt450 SqFtStories1Lot Size5,797 SqFtStyleMulti-Family Dwelling (2-4)Year Built2010ZoningR2.5CountyMULTNOMAHAPN1N1E35DD 05900
Schools near 1923 Southeast Ash Street
This home is within Portland School District 1j.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Buckman Elementary School PublicK to 5 | ||
Hosford Middle School Public6 to 8 | ||
Cleveland High School Public9 to 12 | ||
Le Monde French Immersion Public Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Buckman
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Element Realty LLC
All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 05/07/2024 12:50 PM
