Incredible investment opportunity - Classic 9 unit building in Portland’s vibrant Buckman neighborhood! Filled with vintage Portland charm, this brick building sits up off the street with a serene courtyard entry and tuck under garages for each unit! Fully rented with eight 2 bed/1 bath units, one 1 bedroom unit, and a full basement complete with laundry, bike storage, and separate tenant storage! Classic hardwood floors, great layout, meticulously maintained and great rents! Perfect location in the heart of Portland's East side- walk score of 96 and bike score of 95! Super convenient, close to shops, pubs, restaurants, transit, and more!
Sold
$1,628,200
1501 SE Oak St, Portland, OR 97214
17beds
8,334sqft
Multi Family
Built in 1954
-- sqft lot
$1,614,600 Zestimate®
$195/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 21, 2025 at 07:43am
Listed by:
Tom Ramsey 503-481-0501,
John L. Scott
Bought with:
Jeff Stephens, 201237728
MORE Realty
Source: RMLS (OR),MLS#: 24669471
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Baseboard
Appliances
- Included: Range, Refrigerator, Electric Water Heater
Features
- Flooring: Hardwood
- Basement: Full,Storage Space
Interior area
- Total structure area: 8,334
- Total interior livable area: 8,334 sqft
Property
Parking
- Total spaces: 9
- Parking features: Garage
- Garage spaces: 9
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 10,018 sqft
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: R100745
- Zoning: r1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: All Landscaping
Location
- Region: Portland
- Subdivision: Buckman
HOA & financial
Other financial information
- Total actual rent: 13271
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
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Estimated market value
$1,614,600