FOR SALE

1035 SE 14th Ave
Portland, OR 97214

Buckman

7 Beds
5 Baths
2,824 sqft

7 Beds
5 Baths
2,824 sqft

$1,050,000

Est. Mortgage $6,537/mo*

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Local Information

-- mins to

Commute Destination

Description

Charming fully restored 6-unit building situated in Buckman neighborhood between popular Belmont and Hawthorne shops and restaurants. Walkers paradise: 96 & Bikers paradise: 97. 2018 studs out remodel included electrical wiring/panels, water lines, water heaters, doors, bathrooms, common area, washer/dryer/storage room and kitchens with new cabinets, quartz countertops and stainless appliances. New roof in 2020 and common area windows in 2021. Unit mix is comprised of three (3) 1 bed / 1 bath units, one (1) 2 bed / 1 bath unit and two studios upstairs sharing one bath. Prime close-in investment opportunity to acquire a turn-key well performing asset in a strong Portland submarket. Subject property currently achieves gross monthly rents of $7,665 per month + 2023 utility reimbursements averaging ~$536 per month. Projected 2024 Effective Gross Income (EGI) of ~$96,553. Stabilized expense load of ~39% provides an Net Operating income of ~$58,712.

Home Highlights

Parking

No Info

Outdoor

Deck

A/C

Cooling only

HOA

None

Price/Sqft

$372

Listed

60 days ago

Last check for updates: about 7 hours ago

Listing courtesy of Cory Carlson, (503) 222-0282

Constant Commercial Real Estate Inc

Source: RMLS (OR), MLS#24185516

Home Details for 1035 SE 14th Ave

Active Status
MLS Status: Active

Interior Features
Interior Details Basement: Finished,Storage Space
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 5
Dimensions and Layout Living Area: 2824 Square Feet
Appliances & Utilities Appliances: Dishwasher, Range, Refrigerator, Electric Water HeaterDishwasherRefrigerator
Heating & Cooling Has CoolingAir Conditioning: Wall Unit(s)No Heating
Windows, Doors, Floors & Walls Flooring: Wood
Levels, Entrance, & Accessibility Floors: Wood
View No View

Exterior Features
Exterior Home Features Roof: CompositionPatio / Porch: Deck
Parking & Garage No Attached Garage
Frontage Road Surface Type: Concrete
Water & Sewer Sewer: Public Sewer

Days on Market
Days on Market: 60

Property Information
Year Built Year Built: 1908
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family
Building Construction Materials: CedarNot Attached Property
Property Information Condition: Updated/RemodeledParcel Number: R176951

Price & Status
Price List Price: $1,050,000Price Per Sqft: $372

Location
Direction & Address City: Portland
School Information Elementary School: BuckmanJr High / Middle School: HosfordHigh School: Cleveland

Agent Information
Listing Agent Listing ID: 24185516

Building
Building Area Building Area: 2824 Square Feet

Lot Information
Lot Area: 2613.6 sqft

Offer
Listing Terms: Cash, Conventional

Compensation
Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental
Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water

Miscellaneous
BasementMls Number: 24185516Attribution Contact: 503-222-0282

Price History for 1035 SE 14th Ave

Date	Price	Event	Source
02/29/2024	$1,050,000	Listed For Sale	RMLS (OR) #24185516

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Neighborhood Overview

Buckman

7 Homes For You
Buy: $725k - $1.5m

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about Buckman

Trulia User
Resident
4mo ago
"I like it, it feels fine during the day but kind of sketchy at night. there’s homeless people nearby and I make sure to keep an eye out when I’m walking to my car late at night. "
4
Flag
Trulia User
Resident
1y ago
"lived in this neighborhood for a year, right off Burnside and have had the healthiest living experience in the past 10 years. hope to find a home here someday "
1
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Taylor H.
Resident
2y ago
"Close to everything. People seem to take pride in the places and spaces they live in. This is one of those Portland neighborhoods that’s wonderful to aimlessly wander around "
1
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Trulia User
Resident
2y ago
"It’s a walkable area. It’s very green, with plenty of community gardens. It hardly feels like walking in a city"
0
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Trulia User
Visitor
2y ago
"Quiet and peaceful neighborhood to live, walk, bike, and shop in. Love the colors and trees on the streets. "
1
Flag
Hannah B.
Resident
3y ago
"Great restaurants bars etc. tons of homeless people but you almost get used to it sadly. Street parking past 12th isn’t too bad"
0
Flag
Ren
Resident
5y ago
"Lots of dogs. Friendly neighbors but don’t know their names. Incredible location but our packages get stolen. "
1
Flag
Ashleetannler
Resident
5y ago
"Nice cute businesses and dog park nearby. School down the road with soccer practice make it seek residential but still close to the city. "
0
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Heatherjefferis
Prev. Resident
5y ago
"I've lived in this neigborhood for over 20 years, both my children went to Buckman an amazing art magnet primary school. People are friendly and it is a safe urban neighborhood. Plus now there are many great places to eat and shop."
10
Flag
jhoward r. c.
Resident
5y ago
"We’ve owned our home for 29 years, raised our 4 children, and now have 9 grandchildren who all went to Buckman school. The neighborhood is extremely walkable, close to freeway access in all directions if needed, neighbors are all friendly and willing to lend a helping hand, walking our pup is like happy hour for dogs, walk or ride s bike to downtown Portland, a multitude of restaurants, bars, bakeries, banks, post office, laurelhurst park, bike routes. I feel proud and fortunate to live in this neighborhood."
10
Flag
Amjude20
Resident
5y ago
"It has a lot of beautiful homes and streets and trees. Used to be quirkier and now is pretty hip. Very safe. "
2
Flag
Becca L.
Resident
6y ago
"I'm on a first name basis with the staff at our corner store, the checkers at our grocery store, and my favorite bartenders. There are still food carts and downtown is walking distance. Also, there's an abandoned hole in the ground nextdoor that's hopefully keeping the rent down."
1
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LGBTQ Local Legal Protections

Additional Cost

Cory Carlson, Constant Commercial Real Estate Inc

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 Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS™, Portland, Oregon. This content last updated on 2024-04-02 07:40:16 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1035 SE 14th Ave, Portland, OR 97214 is a 7 bedroom, 5 bathroom, 2,824 sqft multi-family built in 1908. 1035 SE 14th Ave is located in Buckman, Portland. This property is currently available for sale and was listed by RMLS (OR) on Feb 29, 2024. The MLS # for this home is MLS# 24185516.

1035 SE 14th Ave
Portland, OR 97214

$1,050,000

$1,050,000

Local Information