2323 SE ASH ST

Portland, OR 97214

$775,000

This investment property has proven cash flow, low vacancy, and great long-term potential with its RM2 zoning - allowing for much higher density. The fantastic Buckman/Kearns location is a stone's throw to Whole Foods Market, transportation links, and great dining and nightlife options! These are side-by-side units. The home at… Read MoreRead Less

Listing courtesy of InSight Real Estate.

Listing Snapshot

Days Online

Last Updated

Aug 10, 2025

Square Ft.

3,232

Lot Size

0.14 Acres

Year Built

1926

MLS Number

208621970

30 Days Snapshot Of 97214

$668k

-8%

(avg) sold price

-38%

homes sold

+13%

(avg) days on market

Snapshot

Area Map

Additional Details

Taxes

Tax Year: 2024, Annual Amount: $6,685, Legal Description

Property Access

Road Surface Type: Paved

Basement

Basement: PartialBasement

Building

Building Area Total: 3232, Built in 1926, Storage: Basement, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2

Cooling

Cooling: None

Expenses

Operating Expense Scheduled: 8500, Operating Expense: $8,243

Exterior Features

Exterior Description: Asbestos, ShingleSiding

Foundation

Foundation Details: ConcretePerimeter

Heating

Heating: ForcedAir

Income

CAP Rate: 4.91, Gross Income: $46,260, Gross Rent Multiplier: 16.75, Gross Scheduled Income: $50,100, Net Operating Income: $38,017, Net Scheduled Income: 41600

Lot

Features: Level, Size Acres: 0.14, Size Dimensions: 50x120, Size Range: SqFt5000to6999, Size Square Feet: 6,098, Size: 5,000 to 6,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, Leases

Parking

Features: Driveway, Paved, 3 total parking spots

Property

Number Of Units Total: 2, Property Condition: UpdatedRemodeled, Zoning: RM2

Roof

Roof: Composition

Security Features

Features: None

Sewer

Sewer: PublicSewer

Unit One

Actual Rent: $2,200, Area: 1616, Features: Range, Refrigerator, WasherDryer, WoodFloors, Units Total: 1, 1 total bathroom, 2 total bedroom

Unit Two

Actual Rent: $1,975, Area: 1616, Features: Range, Refrigerator, WoodFloors, Units Total: 1, 1 total bathroom, 2 total bedroom

Utilities

Fuel Description: Gas, Hot Water Description: Gas, Water Source: PublicWater

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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 Sho'me Real Estate are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Aug 10, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Aug 10, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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