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$965,000   Price Analysis
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1734 SE Main St
Portland, OR 97214
6 bed 4 bath 3,695 SqFt ($261/SqFt)
3,920SqFt lot. Built 1884
Listed 2024-05-13, Taxes $8,051
Ⓧ USDA Ineligible
due to price & location

near Portland

Just the ninth time since 1884 this Buckman neighborhood Queen Anne Duplex will become available to market.

With a long pedigree, this Hawthorne area property retains many period details but has been updated over the years for modern comfort. Endless possible configurations exist among three different living spaces; think of this as a duplex plus. 1734 SE Main is a 3-bedroom living space that includes the 3rd and 4th floors, has a wonderful vew of downtown Portland and a large deck off of the kitchen. 1736 SE Main is a 2-bedroom unit situated on the main floor and shows off wood floors, period millwork and high ceilings.

The 1-bedroom basement living area is licensed as an Accessory Short-Term Rental with a type A permit through the City of Portland and is associated with the 1734 SE Main address. The 1736 unit can be easily connected to the basement space. Each area has a fireplace, washer and dryer, hot water heater and separate entrance. The property boasts a coveted 2-car garage. The 3-bedroom and 2-bedroom living spaces have forced air gas heat. The 3-bedroom portion of 1734 and the 2-bedroom at 1736 are available to show.


Presented by Michael Beirwagen at
Berkshire Hathaway HomeServices NW Real Estate.
Listing Agent Photo

Property MLS #24550362 from RMLS

Bedrooms: 6

Cooling Features: WindowUnit
Heating Features: ForcedAir, WallHeater
Heating Fuel: Electricity, Gas
Heating: Yes
Water Heaters: Electricity

Full Bathrooms: 4

Storage: Basement, Garage

Basement Description: PartiallyFinished

Lot Description: CornerLot, Level
Lot Size Acres: 0.0899908
Lot Size Dimensions: 40 X 100
Lot Size Square Feet: 3920

Garage Spaces: 2
Parking Features: Detached, Garage
Parking Total: 4

Road Surface Type: Paved

View: City

Elementary School: Buckman
High School: Cleveland
Middle School: Hosford

Buckman Elementary School is a public elementary school located approximately 0.5 miles away.
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Hosford Middle School is a public middle school located approximately 0.7 miles away.
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Cleveland High School is a public high school located approximately 1.1 miles away.
directions icon Map directions

Central Catholic High School is a private high school located approximately 0.6 miles away.
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Gross Income: 37500
Gross Scheduled Income: 74400
Rent Includes: Electricity, MaintenanceGrounds, Sewer, TrashCollection, Water

Number of Units: 2
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 4
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 3

Community Features: AllLandscaping, FrontYardLandscaping

LotSizeRange: SqFt3000to4999
Annual Tax Amount: 9124.559999999
Source Listing Status: Active
County: Multnomah
Cap Rate: 2.6
Directions: SW corner of SE 18th and SE Main
Tax Year: 2023
Source Property Type: MultiFamily
Source Neighborhood: BUCKMAN HAWTHORNE
Parcel Number: R196891
Subdivision: BUCKMAN HAWTHORNE
Zoning: R5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2020$0 + $0
$315,140
$8,051
2019$0 + $0
$305,970
$7,755
2018$0 + $0
$297,060
$7,527
2017$0 + $0
$288,410
$7,214
2016$0 + $0
$280,010
$6,602
2015$0 + $0
$271,860
$6,429
2014$0 + $0
$240,270
$5,764
2013$unknown + $unknown
$233,280
$5,630
2012$unknown + $unknown
$226,490
$5,093
2011$unknown + $unknown
$219,900
$4,901
2010$unknown + $unknown
$213,500
$4,650
2009$unknown + $unknown
$207,290
$4,529
2008$unknown + $unknown
$201,260
$4,274
2007$unknown + $unknown
$195,400
$4,261

Listed 2024-05-13
$965,000
RMLS

Net Operating Income: 25050
Operating Expense: 11450

Year Built: 1884
Building Area Total: 3695
Building Exterior Type: Asbestos
Foundation Details: ConcretePerimeter
Property Age: 140
Property Condition: Existing
Roof: Composition, Shingle
Levels or Stories: 4

Sewer: PublicSewer
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.