1656 SE Umatilla St

Portland, OR 97202

$3,209,300
Price
Beds
Baths
4,293 Sq. Ft.
$748 / Sq. Ft.
4,293
Sq. Ft.
$748
per Sq. Ft.

Description

Unique investment opportunity in the heart of Sellwood-Moreland! Five beautifully designed 2-bedroom, 2.1-bathroom units, offering modern style and unbeatable convenience in one of Portland’s most sought-after neighborhoods. Located just steps away from the Willamette River, charming cafes, trendy restaurants, and vibrant shops along SE Milwaukie. Outdoor adventures, and close to Oaks Park, Sellwood Riverfront Park, and Westmoreland Park—perfect for exploring, relaxing, and making the most of this...Unique investment opportunity in the heart of Sellwood-Moreland! Five beautifully designed 2-bedroom, 2.1-bathroom units, offering modern style and unbeatable convenience in one of Portland’s most sought-after neighborhoods. Located just steps away from the Willamette River, charming cafes, trendy restaurants, and vibrant shops along SE Milwaukie. Outdoor adventures, and close to Oaks Park, Sellwood Riverfront Park, and Westmoreland Park—perfect for exploring, relaxing, and making the most of this incredible neighborhood. Step inside, and you’ll immediately notice the open-concept layouts, where natural light pours in through expansive windows and soaring ceilings. The gourmet kitchens are true centerpieces, featuring sleek stainless steel appliances, custom cabinetry, and stylish tile work—perfect for entertaining or just enjoying a quiet night in. Spacious living areas create the ideal atmosphere for gathering, and relaxing. Upstairs are luxurious primary suites offers serene retreats, with additional bedrooms and well-appointed bathrooms provide plenty of space and privacy. Each unit has private, fenced yards—a rare find! Constructed by a reputable, local builder, this development comes with a 1-year builder warranty, so you can settle in with confidence that your investment is secure.
  1. Listed by Darryl Bodle • Keller Williams Realty Portland Premiere
  2. Listed by Kelly Christian • Keller Williams Realty Portland Premiere

Property Details for 1656 Southeast Umatilla Street

Subdivision
Sellwood - Moreland
Zoning
RM1
View
Trees Woods

Open Houses

Saturday, Mar 29th

1:00 PM - 3:00 PM

Public

LISTING UPDATED: 03/26/2025 02:00 PM

Property Details for 1656 Southeast Umatilla Street

StatusActive
MLS #475098775
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2025
Lot Size-
CountyMultnomah County

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Building Information for 1656 Southeast Umatilla Street

Stories2Residences5Year Built2025Building Size-Lot Size-

Property Information for 1656 Southeast Umatilla Street

Summary
Location and General Information
  • Country: US
  • Directions: South of Tacoma between 16th and 17th
  • Road Surface: Paved
School Information
  • Elementary School: Duniway
  • High School: Cleveland
  • Middle Or Junior School: Sellwood
Taxes and HOA
  • Tax Annual Amount: $.00
  • Parcel Number: New Construction
  • Tax Legal Description: TBD
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Property
Lot Information
  • Lot Description: Level
  • 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: New Construction
  • Year Built: 2025
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Electricity
  • Heating Description: Mini Split
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Gross Income Actual: $.00
  • Net Income Actual: $.00
  • Operating Expense: $.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 4293
Unit 1 Information
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Baths Decimal: 2.10
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Air Conditioning, Dishwasher, Range, Washer Dryer Hookup
  • Unit Type 1 Rent: $2,850
  • Unit Type 1 SqFt: 939.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 3
  • Unit Type 2 Baths Decimal: 2.10
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Air Conditioning, Dishwasher, Range, Washer Dryer Hookup
  • Unit Type 2 Rent: $2,850
  • Unit Type 2 SqFt: 849.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 3
  • Unit Type 3 Baths Decimal: 2.10
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Air Conditioning, Dishwasher, Range, Washer Dryer Hookup
  • Unit Type 3 Rent: $2,550
  • Unit Type 3 SqFt: 835.0
  • Unit Type 3 Units Total: 3

Property History for 1656 Southeast Umatilla Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1656 Southeast Umatilla Street

Taxable ValueLand-Additions-Total-
Tax Record2024$5,222 ($435 / month)
Home Facts
Beds4Baths1Total Finished SqFt1,270 SqFtAbove Grade Finished SqFt1,270 SqFtUnfinished Basement SqFt800 SqFtStories1Lot Size5,000 SqFtStyleSingle Family ResidenceYear Built1917ZoningR2CountyMULTNOMAHAPN1S1E23DC 06900Fireplace TypeHas Fireplace

Schools near 1656 Southeast Umatilla 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
Duniway Elementary School
PublicK to 5

Sellwood Middle School
Public6 to 8

Cleveland High School
Public9 to 12

Portland Village 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

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1656 Southeast Umatilla Street is a multi-family home for sale in Portland, OR 97202. This property was listed for sale on March 18, 2025 by Keller Williams Realty Portland Premiere, it's currently listed at $3,209,300. It has been on the market for a total of 10 days and was last sold on May 26, 2023. This listing's school district is Portland School District 1j. Nearby schools include Duniway Elementary School, Sellwood Middle School and Cleveland High School. 1656 Southeast Umatilla Street is a 0-bed, 0-bath, 4,293 sqft multi-family home built in 2025.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Portland Premiere

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 © 2025 RMLS, Portland, Oregon. Last updated: 03/26/2025 02:00 PM