Portland, OR 97214,1626 SE ALDER ST
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Portland, OR 97214,1626 SE ALDER ST
Portland, OR 97214,1626 SE ALDER ST
Portland, OR 97214,1626 SE ALDER ST
Portland, OR 97214,1626 SE ALDER ST
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Nataliya Zakharov

Nataliya Zakharov

+1(503) 358-8487
Listed by Norris & Stevens Investment Real Estate Services • DavidK@norris-stevens.com
$ 900,000
Est. payment /mo
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Price Dropped by $50K

1626 SE ALDER ST Portland, OR 97214

4,813 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,813 sqft

Price per Sqft $186

Subdivision Buckman

MLS Listing ID 139651965

Year Built 1903

Annual Tax Amount $10,709

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

Norris & Stevens Inc., is pleased to present for purchase this 7-unit multi-family property located at 1626 SE Alder Street, Portland, OR 97214. Built in 1903, the asset is comprised of five 1-bedroom/1-bath units and two studio units. Positioned in a prime pocket of Southeast Portland's Buckman neighborhood, the property offers immediate access to the Belmont retail corridor as well as the nearby Hawthorne District, Central Eastside, and downtown Portland. The location provides excellent walkability, bike access, and connectivity to major employment and lifestyle hubs, ensuring consistent rental demand. The property also presents a value-add opportunity through unit renovations, common area improvements, and bringing rents in line with market levels. With strong fundamentals, upside potential, and a highly desirable location, 1626 SE Alder represents a rare opportunity to invest in one of Portland's most active submarkets.

Location

State OR

County Multnomah

Community Laundry

Area _143

Zoning R2.5

Rooms

Basement Full Basement, Storage Space, Unfinished

Interior

Heating Baseboard, Wall Heater

Exterior

Garage Spaces 2.0

Community Features Laundry

Roof Type Composition,Shingle

Garage No

Building

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Buckman

Middle Schools Hosford

High Schools Other

Others

Acceptable Financing CallListingAgent

Listing Terms CallListingAgent

Regional Multiple Listing Service (RMLS)
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Abernethy Elementary School

    Public | KG - 5

  • 9

    Winterhaven School

    Public | KG - 8

  • 9

    Laurelhurst Elementary School

    Public | KG - 8

  • 8

    Emerson School

    Public | KG - 5

  • 8

    Llewellyn Elementary School

    Public | KG - 5

  • 8

    Alameda Elementary School

    Public | KG - 5

  • 8

    Beverly Cleary School

    Public | KG - 8

  • 8

    Sunnyside Environmental School

    Public | KG - 8

  • 8

    Richmond Elementary School

    Public | PK - 5

  • 8

    Glencoe Elementary School

    Public | KG - 5

  • 7

    Lewis Elementary School

    Public | KG - 5

  • 7

    Woodstock Elementary School

    Public | KG - 5

  • 6

    Rieke Elementary School

    Public | KG - 5

  • 6

    Southwest Charter School

    Public | KG - 8

  • 6

    Sabin Elementary School

    Public | KG - 8

  • 6

    Creston Elementary School

    Public | KG - 8

  • 5

    Irvington Elementary School

    Public | KG - 8

  • 5

    Buckman Arts Focus Elementary School

    Public | KG - 5

  • 5

    Grout Elementary School

    Public | KG - 5

  • 5

    Atkinson Elementary School

    Public | KG - 5

Middle Schools 9
  • 9

    Da Vinci Middle School

    Public | 6 - 8

  • 7

    Mt Tabor Middle School

    Public | 6 - 8

  • 5

    Hosford Middle School

    Public | 6 - 8

  • 5

    Beaumont Middle School

    Public | 6 - 8

  • 1

    Self Enhancement, Inc/Sei Academy

    Public | 6 - 8

  • 0

    Northwest Academy

    Private | 6 - 12

  • 0

    St Andrew Nativity School

    Private | 6 - 8

  • 0

    Pacific Crest Community School

    Private | 6 - 12

  • 0

    De Paul Alternative School

    Private | 8 - 12

High Schools 15
  • 7

    Wilson High School

    Public | 9 - 12

  • 7

    Lincoln High School

    Public | 9 - 12

  • 7

    Grant High School

    Public | 9 - 12

  • 7

    Franklin High School

    Public | 9 - 12

  • 6

    Benson Polytechnic High School

    Public | 9 - 12

  • 6

    Cleveland High School

    Public | 9 - 12

  • 3

    Jefferson High School

    Public | 9 - 12

  • 2

    Leadership and Entrepreneurship Public Charter High School

    Public | 9 - 12

  • 0

    St Marys Academy

    Private | 9 - 12

  • 0

    Rosemary Anderson High School/Portland Oic

    Private | 10 - 12

  • 0

    Oregon Outreach Inc. Rosi Hinton High School

    Private | 9 - 12

  • 0

    Oregon Outreach

    Private | 9 - 12

  • 0

    Yourth Progress Learning Center

    Private | 9 - 12

  • 0

    Central Catholic High School

    Private | 9 - 12

  • 0

    Alliance High School

    Public | 9 - 12

School and business data provided by Attom Data.
Nataliya Zakharov

Nataliya Zakharov

Agent

+1(503) 358-8487

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1626 SE ALDER ST