942 SE 16th AVE, Portland, OR 97214
- $660,000
- $695,000
942 SE 16th AVE, Portland, OR 97214
- $660,000
- $695,000
Overview
- 3406 Sqft
- 1904
- MultiFamily
- 780946911
- 0.11 Acres
- Rarebird Real Estate
- Benjamin Ficker
Description
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 neighborhood’s strong walkability, bike infrastructure, and proximity to downtown Portland continue to support long-term rental demand.The property consists of four residential units totaling approximately 2,454 rentable square feet on a 4,600 SF lot. The unit mix includes two spacious studio apartments and two one-bedroom units, all featuring efficient layouts with above-average square footage for the area. Built in 1904, the building retains classic early-20th-century charm while offering functional living spaces attractive to today’s renters. Amenities include shared laundry in the basement and a partial utility bill-back system. Parking is street-only.This offering presents a compelling opportunity to acquire a character fourplex in one of Portland’s most established and supply-constrained eastside neighborhoods. With strong in-place tenancy and clear upside potential through future rent adjustments and operational optimization, the Buckman Fourplex is well-suited for investors seeking stable, long-term performance with value-add opportunity in a premier Southeast Portland location.
Details
Updated on May 26, 2026 at 5:17 pm-
MLS# 780946911
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Price $660,000
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Property Size 3406 Sqft
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Land Area 0.11 Acres
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Garage Size x x
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Year Built 1904
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Property Type MultiFamily
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Property Status Active
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Office Name Rarebird Real Estate
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Agent Name Benjamin Ficker
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Office Phone 503-451-0545
Additional details
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Listing Terms Cash, Conventional, VALoan
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Roof Composition
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Sewer Public Sewer
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Cooling None
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Heating Wall Heater
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County Multnomah
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Property Type MultiFamily
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Parking On Street
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Elementary School Buckman
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Middle School Hosford
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High School Cleveland
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Community Features Laundry
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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PMI
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Monthly HOA Fees
Contact Information
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