Oregon
Portland
1024 Se 16TH Ave

$1,500,000

1024 Se 16TH Ave, Portland, OR 97214

6,312 sqft

Multi-Family Home
Built in 1906
6,970sqft lot
—— car garage
$238/sqft
Listed 1 day ago

Property Description

OPEN Wednesday July 23rd from 4-6pm and Sunday July 27th from 1-3pm. You will be able to see all 6 units at the open houses. These will be the only two open houses! Owner financing with 25% down and 5.95% interest. Contact listing agent for terms. Phenomenal restored building on surprisingly quiet street in the Buckman Hawthorne neighborhood. Walk Score 95 bike score 96. Current owners of 26 years are ready to retire. They have maintained and restored these lovely units. Most have refinished hardwood floors, updated kitchens and bathrooms. Vintage charm intact. Property has always attracted GREAT tenants who are respectful of each other and take care of the property. In 26 years, only $100 in tenant caused damage, apart from normal wear and tear. Owner occupant opportunity. Owner has left one unit vacant for possible owner-occupant. Move in ready with newly refinished hardwood floors and newly remodeled bathroom. It also has an updated kitchen with maple cabinets, a gas stove and built-in microwave. It has a spacious bedroom with walk-in closet, plus an atrium. Other main floor unit has a gas fireplace, an atrium and is HUGE - large enough for a new owner to install a full sized washer dryer in the bathroom which has a soaking tub and a separate shower. One studio is a tiny house with hardwood floors and a custom tiled shower and is connected to main building on one corner. Building has a common sunroom and rooftop deck with views. Locked bike shed and individual storage units. Stable tenant profile - one has lived here for 14 years, another for 10. Tenants who just vacated were here 7 years. Secure entry with locking mailboxes in foyer.

Listing Status:: Active
Date Added:: July 18, 2025 at 05:00AM
Listing Office:: MORE Realty : 503-353-6673
Listing Agent:: Holly Hummel : 503-516-8962
MLS ID:: 133530707

Basement: Storage spaceUnfinished
Heating: Forced air
Eco/Green Feature: Double pane windows

This listing courtesy of Holly Hummel, MORE Realty

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

0.35 miles away

Hosford Middle School

2303 SE 28th Pl, Portland, OR, 97214

Grades 6-8

0.87 miles away

Cleveland High School

3400 SE 26th Ave, Portland, OR, 97202

Grades 9-12

1.27 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.