1316 1318 SE ASH ST

Portland, OR 97214

Pending

Multifamily

Virtual Tour

$699,900

Searching for a special investment in a great location? A house with charm and a sense of history? Look no further than this gorgeous Dutch Colonial triplex with curb appeal in all the right places, tons of natural light and vintage charm throughout: original millwork, refinished wood floors, functioning pocket… Read MoreRead Less

Listing courtesy of Think Real Estate.

Listing Snapshot

Days Online

Last Updated

Aug 5, 2025

Square Ft.

2,992

Lot Size

0.11 Acres

Year Built

1901

MLS Number

578570441

30 Days Snapshot Of 97214

$669k

-13%

(avg) sold price

-7%

homes sold

+61%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Basement

Basement: Daylight, FullBasement, SeparateLivingQuartersApartmentAuxLivingUnit

Building

Building Area Total: 2992, Built in 1901, Storage: Basement, Stories: 3, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3

Community

Community Features: Laundry

Cooling

Cooling: None

Expenses

Operating Expense: $19,214

Exterior Features

Exterior Description: LapSiding

Foundation

Foundation Details: ConcretePerimeter

Garage

Garage Spaces: 2

Heating

Heating: Baseboard, Radiant

Income

CAP Rate: 4.13, Gross Income: $47,094, Gross Rent Multiplier: 14.86, Net Operating Income: $28,880

Lot

Features: Level, Size Acres: 0.11, Size Dimensions: 45X110, Size Range: SqFt3000to4999, Size Square Feet: 4,791, Size: 3,000 to 4,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, Leases

Parking

Features: Driveway, OnStreet, 2 total parking spots

Property

Number Of Units Total: 3, Property Condition: Approximately, Zoning: R2.5

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $8,620, Legal Description

Unit One

Actual Rent: $1,550, Area: 1072, Features: Fireplace, HardwoodFloors, Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Two

Actual Rent: $1,700, Area: 948, Features: Dishwasher, Fireplace, HardwoodFloors, Range, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Three

Actual Rent: $900, Area: 972, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom

Utilities

Fuel Description: Electricity, Gas, Hot Water Description: Gas, 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 © 2025 RMLS, Portland, Oregon.

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

This content last updated on Aug 5, 2025. 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 Aug 5, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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