Listing provided courtesy of Rarebird Real EstateMLS# 780946911MLS Provider
  • 120 days on site
  • 3 views

The Buckman Fourplex is a well-located 1904 vintage asset in the heart of Southeast Portland's highly desirable Buckman neighborhood. Positioned on a quiet residential street just minutes from Hawthorne, Belmont, and Division corridors, the property offers residents immediate access to some of Portland's best dining, retail, and entertainment options. The neighborhood's strong walkability, bike infrastructure, and proximity to downtown Portland continue to support long-term rental demand.The property consists of four residential units totaling approximately 2,454 rentable square feet on a 4,600 SF lot. The unit mix includes two spacious studio apartments and two one-bedroom units, all featuring efficient layouts with above-average square footage for the area. Built in 1904, the building retains classic early-20th-century charm while offering functional living spaces attractive to today's renters. Amenities include shared laundry in the basement and a partial utility bill-back system. Parking is street-only.This offering presents a compelling opportunity to acquire a character fourplex in one of Portland's most established and supply-constrained eastside neighborhoods. With strong in-place tenancy and clear upside potential through future rent adjustments and operational optimization, the Buckman Fourplex is well-suited for investors seeking stable, long-term performance with value-add opportunity in a premier Southeast Portland location.

Source: Regional MLS, MLS#: 780946911

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  • Property Type
    Residential Income
  • Lot
    0.11 acres

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KRIS ERICKSON

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  • Median Age
    36
  • Population Density
    9,926
  • College Educated
    69%
  • Estimated Median Income
    $74,871
  • Estimated Total Home Owners
    4,343
  • Estimated Total Renters
    9,709
  • Owner / Renter Divide
    31% / 69%
  • Estimated Average Household Size
    2
  • Total Population
    28,348
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 942 SE 16th AVE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/26/2026Source: Regional MLS Price Reduction
$660,000 -5.0%
3/2/2026Source: Regional MLS Added to Database
March 02, 2026
10/20/2023Source: Regional MLS Status Change
Sold
10/20/2023Source: Regional MLS Status Change
Sold
9/25/2023Source: Regional MLS Status Change
Pending
9/25/2023Source: Regional MLS Status Change
Pending
9/17/2023Source: Regional MLS Added to Database
September 17, 2023
9/17/2023Source: Regional MLS Added to Database
September 17, 2023