$775,000
SOLD SEP 25, 2025

2323 SE Ash St Unit 2325 Portland, OR 97214

Buckman Neighborhood
4 Beds
2 Baths
3,232 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$240 Per Sq Ft

10 Days on Market

Highlights

  • Forced Air Heating System
  • Asbestos
  • Level Lot
  • Cleveland High School Rated A-

About This Home

As of September 2025

This investment property has proven cash flow, low vacancy, and great long-term potential with its RM2 zoning - allowing for much higher density. The fantastic Buckman/Kearns location is a stone's throw to Whole Foods Market, transportation links, and great dining and nightlife options! These are side-by-side units. The home at 2323 is vacant and staged. The vacant unit allows for an immediate owner-occupier. Or, choose your own tenant. While photos in this listing also include the occupied unit at 2325, the occupied unit is not available for showing until after there is an accepted offer. Please do not disturb the 2325 tenant. This excellent 3-year renter has rolled over to month-to-month. The roof, windows, and interior and exterior paint are less than 5 years old. One unit has a new furnace and a new refrigerator. One unit has refinished fir floors on the main. Walk score of 97 + Bike score of 99 = Walker's and Biker's Paradise. Each unit features a total of 1616 sf of gross building area. The size breakdown for each unit is County records divided by two: Main Level 593sf per unit, Upper Level 430sf per unit, Unfinished Basement 593sf per unit. The clothes washer and dryer in 2323 are available with the sale.

Last Agent to Sell the Property

Blake Vigna

InSight Real Estate License #960500157 Listed on: 08/08/2025

Last Buyer's Agent

Foster Finch

MORE Realty License #860300017

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,685

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Level Lot

Home Design

  • Composition Roof
  • Shingle Siding
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,232 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Basement

  • Partial Basement
  • Basement Storage

Parking

  • 3 Parking Spaces
  • Driveway
  • Paved Parking

Schools

  • Buckman Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R144348

Community Details

Overview

  • 2 Units
  • Buckman Subdivision

Building Details

  • Operating Expense $8,243
  • Gross Income $46,260
  • Net Operating Income $38,017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,685

Year Built

Built in 1926 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1926
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement
  • Storage: Basement
  • Total Bedrooms: 4
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Asbestos,ShingleSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Paved
  • Attached Garage: No
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Buckman
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.14
  • Lot Size: 50x120
  • Lot Size Sq Ft: 6098.0
  • Parcel #: R144348

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6685.38

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.75
  • Annual Gross Income: 46260.0
  • Property Net Operating Income: 38017.0
  • Annual Operating Expense: 8243.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2025
Closed on
Sep 19, 2025
Sold by
Mcdowell Ian and Grayson Tiara Fawn
Bought by
Bishop George Voss and Bishop Samuel Harris
Seller's Agent
Blake Vigna
InSight Real Estate
Buyer's Agent
Foster Finch
MORE Realty
List Price
$775,000
Sold Price
$775,000
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-75.05%
Original Mortgage
$525,000
Outstanding Balance
$525,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$198,034

Purchase Details

Listed on
Sep 21, 2019
Closed on
Oct 24, 2019
Sold by
Fenner Guy D
Bought by
Mcdoweil Ian and Grayson Tiara Fawn
Seller's Agent
Ronda Joseph
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Blake Vigna
InSight Real Estate
List Price
$600,000
Sold Price
$535,000
Premium/Discount to List
-$65,000
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $775,000 Chicago Title
Warranty Deed $535,000 Chicago Title Company Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2025 09/25/25 Sold $775,000 0.0% $240 / Sq Ft
08/18/2025 08/18/25 Pending -- -- --
08/08/2025 08/08/25 For Sale $775,000 +44.9% $240 / Sq Ft
10/25/2019 10/25/19 Sold $535,000 -10.8% $159 / Sq Ft View Prior Sale
10/01/2019 10/01/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $600,000 -- $179 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,685 $249,870 -- --
2023 $6,685 $242,600 $0 $0
2022 $6,289 $235,540 $0 $0
2021 $6,183 $228,680 $0 $0
2020 $5,672 $222,020 $0 $0
2019 $5,464 $215,560 $0 $0
2018 $5,303 $209,290 $0 $0
2017 $5,083 $203,200 $0 $0
2016 $4,652 $197,290 $0 $0
2015 $4,530 $191,550 $0 $0
2014 $4,461 $185,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 208621970

Regional Multiple Listing Service (RMLS)

APN: R144348