2831 SE ASH ST

Portland, OR 97214

$995,000

The Ash Street Apartments is a five-unit apartment community located at 2831 SE Ash Street in Portland's desirable Kerns neighborhood. Originally constructed in 1970, the property offers an attractive combination of spacious two-bedroom residences, significant capital improvements and convenient access to the amenities of inner Southeast Portland. Situated just off… Read MoreRead Less

Listing courtesy of Barry Investment Real Estate.

Listing Snapshot

Days Online

Last Updated

Nov 3, 2026

Square Ft.

3,792

Lot Size

0.11 Acres

Year Built

1970

MLS Number

101139047

30 Days Snapshot Of 97214

$792k

+20%

(avg) sold price

-15%

homes sold

-21%

(avg) days on market

Snapshot

Area Map

Additional Details

Unit One

Units Total: 4, 1 total bathroom, 2 total bedroom, Actual Rent: $1,679, Area: 730, Features: Dishwasher, Range, Refrigerator, WoodFloors

Property Access

Road Surface Type: Paved

Building

Building Area Total: 3792, Built in 1970, Storage: IndividualStorageUnits, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2

Community

Community Features: Laundry

Expenses

Operating Expense Scheduled: 38802, Operating Expense: $38,670

Exterior Features

Exterior Description: CementSiding, WoodSiding

Heating

Heating: Baseboard

Income

CAP Rate: 6.31, Gross Income: $101,419, Gross Rent Multiplier: 9.81, Gross Scheduled Income: $103,300, Net Operating Income: $62,749, Net Scheduled Income: 64498

Lot

Features: Level, Size Acres: 0.11, Size Range: SqFt5000to6999, Size Square Feet: 4,791, Size: 5,000 to 6,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, AnnualPropertyOperationData, RentRecords

Parking

Features: OffStreet, 5 total parking spots

Property

Number Of Units Total: 5, Zoning: R2.5

Roof

Roof: Membrane

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $11,348, Legal Description, Tax Year: 2026

Unit Two

Actual Rent: $1,995, Area: 1050, Features: Dishwasher, Range, Refrigerator, WoodFloors, Units Total: 1, 2 total bathrooms, 2 total bedroom

Utilities

Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater

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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 eXp Realty, LLC are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Nov 3, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Nov 3, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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