Ideally situated in the highly sought-after Buckman neighborhood, between E Burnside St and SE Stark St, this tri-plex combines strong rental income with an ideal rental location. All three units are 2 bedroom / 1 bathroom townhomes with spacious living rooms, washer / dryer hookups & dining areas off the kitchen leading to private patios. The property has been very well managed and maintained, including new siding in 2020, a new roof in 2024 & new fencing in 2026. Additionally, the units have been nicely updated as needed upon turnover with new appliances, flooring and doors. Each unit enjoys one off-street parking spot. With reliable renters & a proven income record, this is an opportunity to own a stable, low-maintenance investment in one of Portland’s most desirable close-in locations. At a 5.29% cap rate & 13.12 GRM, this property provides steady cash flow from day one. With current market rents & low turnover, investors can expect consistent returns & long-term value growth.
Listing Provided Courtesy of Marc Rogers, Township Properties Real Estate LLC
General Information
789587158
1
DOM
6
5227.2 SqFt
3
2496
1976
R2.5
Multnomah
R297180
Buckman 5/10
Hosford 6/10
Cleveland
MultiFamily
W W MCGUIRES ADD, BLOCK 2, LOT 2
Listing Provided Courtesy of Marc Rogers, Township Properties Real Estate LLC
Krishna Realty data last checked: Feb 24, 2026 09:39 | Listing last modified Feb 24, 2026 07:36,
Source:
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Residence Information
2496
6
3
Composition
OffStreet
2
1976
No
Brick, T111Siding
CrawlSpace
CrawlSpace
ConcretePerimeter
Features and Utilities
None
Electricity
Baseboard, WallHeater
PublicSewer
Electricity
Electricity
Financial
7673.64
0
Sewer,TrashCollection,Water
Cash,Conventional
02-23-2026
No
No
Comparable Information
1
1
Cash,Conventional
$865,000
$865,000
Feb 24, 2026 07:36
Schools
public Elementary : Buckman
5/10Ratingspublic Middle : Hosford
6/10Ratings High : ClevelandN/ARatings
Map
Listing courtesy of Township Properties Real Estate LLC.
Ideally situated in the highly sought-after Buckman neighborhood, between E Burnside St and SE Stark St, this tri-plex combines strong rental income with an ideal rental location. All three units are 2 bedroom / 1 bathroom townhomes with spacious living rooms, washer / dryer hookups & dining areas off the kitchen leading to private patios. The property has been very well managed and maintained, including new siding in 2020, a new roof in 2024 & new fencing in 2026. Additionally, the units have been nicely updated as needed upon turnover with new appliances, flooring and doors. Each unit enjoys one off-street parking spot. With reliable renters & a proven income record, this is an opportunity to own a stable, low-maintenance investment in one of Portland’s most desirable close-in locations. At a 5.29% cap rate & 13.12 GRM, this property provides steady cash flow from day one. With current market rents & low turnover, investors can expect consistent returns & long-term value growth.
