2406 SE Yamhill St Portland, OR 97214
Buckman NeighborhoodEstimated payment $5,054/month
Highlights
- No HOA
- Level Lot
- Wood Siding
- Forced Air Heating System
About This Home
Full of charm and opportunity, this classic Victorian triplex in Southeast Portland offers both investment potential and character. The property features two main-level units plus a spacious upper-level unit, with a combined total of just over 3,100 square feet. All three units are currently occupied. A sweet and private backyard provides a rare retreat in the heart of the city. Located in the highly desirable Buckman/Belmont area, the property offers exceptional walkability, easy access to public transportation, and a vibrant mix of entertainment, dining, and shopping just outside your door. Whether you’re looking to expand your portfolio or live in one unit while renting the others, this triplex offers a flexible and rewarding investment in a fantastic location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,298
Year Built
- Built in 1889
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
Parking
- On-Street Parking
Home Design
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 3,110 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Schools
- Winterhaven Elementary And Middle School
- Franklin High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number R181200
Community Details
Overview
- No Home Owners Association
- 3 Units
- Buckman / Belmont Subdivision
Building Details
- Operating Expense $43,000
- Gross Income $52,000
- Net Operating Income $9,100
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $10,298 | $382,190 | -- | -- |
| 2024 | $9,928 | $371,060 | -- | -- |
| 2023 | $9,546 | $360,260 | $0 | $0 |
| 2022 | $9,340 | $349,770 | $0 | $0 |
| 2021 | $9,182 | $339,590 | $0 | $0 |
| 2020 | $8,423 | $329,700 | $0 | $0 |
| 2019 | $8,113 | $320,100 | $0 | $0 |
| 2018 | $7,875 | $310,780 | $0 | $0 |
| 2017 | $7,547 | $301,730 | $0 | $0 |
| 2016 | $6,907 | $292,950 | $0 | $0 |
| 2015 | $6,726 | $284,420 | $0 | $0 |
| 2014 | $6,624 | $276,140 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/17/2025 09/17/25 | For Sale | $800,000 | +3.2% | $257 / Sq Ft | |
| 10/05/2017 10/05/17 | Sold | $775,000 | -18.4% | $161 / Sq Ft | View Prior Sale |
| 08/17/2017 08/17/17 | Pending | -- | -- | -- | |
| 06/07/2017 06/07/17 | For Sale | $950,000 | -- | $197 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $775,000 | Ticor Title Company Of Or | |
| Warranty Deed | $380,000 | Chicago Title Insurance Co | |
| Individual Deed | $200,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $170,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $150,000 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 684537820
APN: R181200
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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