$695,000

942 Se 16th Ave, Portland, OR 97214

3,406 sqft

Multi-Family Home
Built in 1904
4,792sqft lot
—— car garage
$204/sqft
Listed 13 days ago

Property 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.

Listing Status:: Active
Date Added:: February 26, 2026
Data Last Updated:: March 11, 2026 at 9:43PM
Listing Office:: Rarebird Real Estate : 503-451-0545
Listing Agent:: Benjamin Ficker : 971-273-5547
MLS ID:: 780946911

Basement: Partial basementUnfinished
A/C: None
Heating: Wall heater

General: Wood siding
Parking: On street

Roofing: Composition

Road/Access: Paved
Golf: Laundry
Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: R5DANEKEBLOCK 1LOT 10R144441

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Benjamin Ficker , Rarebird Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Buckman Elementary School

320 SE 16th Ave, Portland, OR, 97214

Grades KG-5

0.32 miles away

Hosford Middle School

2303 SE 28th Pl, Portland, OR, 97214

Grades 6-8

0.89 miles away

Cleveland High School

3400 SE 26th Ave, Portland, OR, 97202

Grades 9-12

1.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.