1024 SE 16TH AVE

Portland, 97214

  • 4 Bed

  • 6 Bath

  • 6312 SqFt

  • 0 DOM

  • Built: 1906

  • Status: Active

$1,500,000

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1024 SE 16TH AVE

Portland 97214

$1500000

  • 4 Bed

  • 6 Bath

  • 6312 SqFt

  • 0 DOM

  • Built: 1906

  • Status: Active

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

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.

Features and Utilities

  • Gas

  • ForcedAir

  • PublicSewer

  • Gas

  • Electricity, Gas

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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.

— Jagathishp

Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.

— Vignesh Chan

Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.

— Praveen

Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.

— Alishetty

Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.

— Ramren Garajan

Thinking about buying or selling. Let’s Talk.

Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!

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