$950000
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2 Bed
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3 Bath
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4813 SqFt
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1 DOM
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Built: 1903
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Status: Active
Love this home?
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.
Listing Provided Courtesy of David Keys, Norris & Stevens Investment Real Estate Services
General Information
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139651965
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1 DOM
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2
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4791.6 SqFt
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3
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4813
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1903
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R2.5
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Multnomah
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R114331
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Buckman
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Hosford
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Other
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MultiFamily
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BELLEVIEW ADD, LOT 7
Listing Provided Courtesy of David Keys, Norris & Stevens Investment Real Estate Services
PDXA1 Realty Group data last checked: Oct 09, 2025 18:11 | Listing last modified Oct 09, 2025 12:48,
Source:
Residence Information
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4813
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-
-
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2
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-
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3
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Composition,Shingle
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2,
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Driveway,Garage
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3
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1903
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No
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WoodSiding
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FullBasement,StorageSpace,Unfinished
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FullBasement,Storage
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Features and Utilities
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Baseboard, WallHeater
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PublicSewer
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Electricity, Gas
Financial
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10709
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None
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CallListingAgent
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10-08-2025
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No
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No
Comparable Information
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1
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1
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CallListingAgent
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$950,000
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$950,000
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Oct 09, 2025 12:48
Schools
Map
Listing courtesy of Norris & Stevens Investment Real Estate Services.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Oct 09, 2025 18:11 | Listing last modified Oct 09, 2025 12:48.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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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.
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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.
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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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