NOT LISTED FOR SALE

942 SE 16th Ave Portland, OR 97214

Buckman Neighborhood

Estimated Value: $479,000 - $901,000

2 Beds
4 Baths
3,311 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $405,000 $122 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,593/month

6 Days on Market

Highlights

  • Seasonal View
  • Property is near a bus stop
  • Laundry Facilities
  • Cleveland High School Rated A-
  • Forced Air Heating System
  • 2-minute walk to Colonel Summers Park

About This Home

As of October 2023

Cash only sale. Priced to SELL! Perfect opportunity for investors to make this 4plex shine! Great income potential and instant equity with upgrades and cosmetic touches. Ideal location to eatery, shops and transportation!

Last Agent to Sell the Property

Sohee Anderson

Where, Inc License #200510313 Listed on: 09/17/2023

Last Buyer's Agent

Clayton Williams

Inhabit Real Estate License #201234575

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,336

Year Built

  • Built in 1904

Lot Details

  • 4,792

Parking

  • 3 Car Garage

Home Design

  • Fixer Upper
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,311 Sq Ft Home
  • 3-Story Property
  • Seasonal Views
  • Basement Storage

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Level Lot
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R144441

Community Details

Overview

  • 4 Units
  • Buckman, Hawthorne Subdivision
  • Property managed by DO NOT DISTURB TENANTS

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $12,250
  • Gross Income $43,495
  • Net Operating Income $31,245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,336

Year Built

Built in 1904

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1904
  • Property Condition: Fixer
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: StorageSpace
  • Storage: Basement
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Other
  • View: Yes
  • Lot Features: Level, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Seasonal

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: DO NOT DISTURB TENANTS
  • Community Features: Laundry

Schools

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

Lot Info

  • Zoning: R5
  • Parcel #: R144441

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 7336.47

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.49
  • Annual Gross Income: 43495.0
  • Property Net Operating Income: 31245.0
  • Annual Operating Expense: 12250.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2023
Closed on
Sep 20, 2023
Sold by
Stork Survivors Trust
Bought by
Buckman Beauty Llc
Seller's Agent
Sohee Anderson
Where, Inc
Buyer's Agent
Clayton Williams
Inhabit Real Estate
List Price
$499,900
Sold Price
$405,000
Premium/Discount to List
-$94,900
-18.98%
Views
40
Current Estimated Value
$724,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,667
Avg. Annual Appreciation
35.57%
Original Mortgage
$505,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2009
Sold by
Stork Maxine D
Bought by
Stork Maxine D and Stork Survivors Trust
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 Buyer Sale Price Title Company
Buckman Beauty Llc $405,000 First American Title
Stork Maxine D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Buckman Beauty Llc $505,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $405,000 -19.0% $122 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
09/17/2023 09/17/23 For Sale $499,900 -- $151 / 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
2023 $7,499 $282,990 $0 $0
2022 $7,336 $274,750 $0 $0
2021 $7,212 $266,750 $0 $0
2020 $6,616 $258,990 $0 $0
2019 $6,373 $251,450 $0 $0
2018 $6,186 $244,130 $0 $0
2017 $5,929 $237,020 $0 $0
2016 $5,426 $230,120 $0 $0
2015 $5,283 $223,420 $0 $0
2014 $5,204 $216,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sohee Anderson

    Seller's Agent in 2023

    Sohee Anderson

    Where, Inc

    (503) 708-3458

    2 in this area

    185 Total Sales

    Section Image
  • Clayton Williams

    Buyer's Agent in 2023

    Clayton Williams

    Inhabit Real Estate

    (404) 432-2451

    1 in this area

    35 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23287405

Regional Multiple Listing Service (RMLS)

APN: R144441

Oregon Multnomah County Portland 97214 Buckman

942 SE 16th Ave, Portland, OR

This home is located at 942 SE 16th Ave, Portland, OR 97214 since 17 September 2023 and is currently estimated at $731,333, approximately $220 per square foot. This property was built in 1904. 942 SE 16th Ave is a home located in Multnomah County with nearby schools including Buckman Elementary School, Hosford Middle School, and Cleveland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) 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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