1626 SE ASH ST

Attractive 10-unit apartment building located on a prominent quarter-acre corner lot in Portland’s vibrant Buckman neighborhood. The property consists of spacious 2-bedroom / 1-bath units, each approximately 912 square feet, offering large, open living areas that are increasingly rare in close-in Portland multifamily. Built in the mid-1970s, the building has seen recent exterior improvements including a newer roof, updated siding, and fresh exterior paint, supporting long-term durability and reduced maintenance. The asset benefits from a solid rental history and consistent tenant demand driven by exceptional access to transit, shopping, restaurants, and neighborhood amenities. Additional features include off-street parking, shared laundry facilities, tenant storage, and dedicated bike storage—an ideal amenity mix for the Buckman submarket. This makes for an attractive asset for both tenants and investors seeking stable income in a prime close-in location.