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
$1,637,000 Zestimate®
$195/sqft
$2,045 Estimated rent
Home value
$1,637,000
$1.52M - $1.75M
$2,045/mo
Zestimate® history
Owner options
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$2,045/mo
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$2,045/mo
Rent Zestimate®
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$8,186/mo
Est. payment
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$8,186/mo
Est. payment
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List your homeWhat's special
Brick buildingClassic hardwood floorsGreat layoutSerene courtyard entry
Zillow last checked:
Listing updated:
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
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Sold | $1,628,200-14.1%$195/sqft |
Source:  RMLS (OR) #24669471 Report a problem | ||
| 6/24/2025 | Pending sale | $1,895,000$227/sqft |
Source: RMLS (OR) #24669471 Report a problem | ||
| 5/19/2025 | Price change | $1,895,000-5%$227/sqft |
Source: RMLS (OR) #24669471 Report a problem | ||
| 4/1/2025 | Price change | $1,995,000-4.8%$239/sqft |
Source: RMLS (OR) #24669471 Report a problem | ||
| 3/5/2025 | Price change | $2,095,000-4.6%$251/sqft |
Source: RMLS (OR) #24669471 Report a problem | ||
| 1/30/2025 | Price change | $2,195,000-4.4%$263/sqft |
Source: RMLS (OR) #24669471 Report a problem | ||
| 12/13/2024 | Listed for sale | $2,295,000$275/sqft |
Source: RMLS (OR) #24669471 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Buckman
Nearby schools
GreatSchools rating
- 8/10Buckman Elementary SchoolGrades: K-5Distance: 0.1 mi
- 8/10Hosford Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Buckman
- Middle: Hosford
- High: Cleveland
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,637,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,637,000
- Oregon
- Multnomah County
- Portland
- 97214
- Buckman
- 1501 SE Oak St
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