942 SE 16th Ave, Portland, OR 97214
Local realty services provided by:CENTURY 21 North Homes Realty
942 SE 16th Ave,Portland, OR 97214
$695,000
- - Beds
- - Baths
- 3,406 sq. ft.
- Multi-family
- Active
Listed by: benjamin ficker
Office: rarebird real estate
MLS#:780946911
Source:PORTLAND
Price summary
- Price:$695,000
- Price per sq. ft.:$204.05
About this home
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.
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Home facts
- Year built:1904
- Listing ID #:780946911
- Added:1 day(s) ago
- Updated:March 02, 2026 at 04:32 PM
Rooms and interior
- Basement Description:Partial Basement, Unfinished
- Living area:3,406 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1904
- Building area:3,406 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Level
- Levels:2 Stories
Schools
- High school:Cleveland
- Middle school:Hosford
- Elementary school:Buckman
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$695,000
- Price per sq. ft.:$204.05
- Tax amount:$8,762 (2025)
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