new - 4 days on rocket

1501 SE Oak St, Portland, OR, 97214

$2,295,000

Home List Price

$10,000*

Closing Credit

0 Baths
8,334 SqFt
$275/SqFt
House

Location

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1501 SE Oak St, Portland$2,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingGarage
Garage9 spaces
Year Built1954
HeatingBaseboard
BasementYes
MLS #24669471
Lot Size0.23 Acres
StatusActive

About 1501 SE Oak St

Incredible investment opportunity - Classic 9 unit building in Portland’s vibrant Buckman neighborhood! Filled with vintage Portland charm, this brick building sits up off the street with a serene courtyard entry and tuck under garages for each unit! Fully rented with eight 2 bed/1 bath units, one 1 bedroom unit, and a full basement complete with laundry, bike storage, and separate tenant storage! Classic hardwood floors, great layout, meticulously maintained and great rents! Perfect location in the heart of Portland's East side- walk score of 96 and bike score of 95! Super convenient, close to shops, pubs, restaurants, transit, and more!

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 2
  • Living Area: 8,334 SqFt

Listing Office:

  • Office Name: John L Scott Portland SW
  • Office Phone: (503) 590-1500
  • Listing Agent: Tom Ramsey

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood

Exterior Features

Parking Information:

  • Garage Space: 9 spaces
  • Attached Garage: No
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Baseboard

Other

Directions Information:

  • Directions: Stark to 15th, N to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,295,000
  • Price Per SqFt: $275/SqFt
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

1501 SE Oak St vs Portland

4 DAYS ON ROCKET

-50 Days

$2,295,000

+$1.7M More

$275/SqFt

-$41 Less

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $41/SqFt less than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24669471

Listing Office:

  • Office Name: John L Scott Portland SW
  • Office Phone: (503) 590-1500
  • Listing Agent: Tom Ramsey

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,947

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4421687
7
/10

  • Buckman Elementary School

  • 320 SE 16th Ave

  • 0.05 miles

  • Public District Grades KG-5

school-card-donut-4421688
10
/10

  • Abernethy Elementary School

  • 2421 SE Orange Ave

  • 1.00 miles

  • Public District Grades KG-5

school-card-donut-4421689
7
/10

  • Irvington Elementary School

  • 1320 NE Brazee St

  • 1.38 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,875. The most common annual income of people living in Portland, OR is less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 SE Oak St

What is the listing price of this property?

The listing price of 1501 SE Oak St property is $2,295,000.

What type of property is this?

The property 1501 SE Oak St is a house located in Portland, Oregon, 97214.

Is this property for sale now?

Active Listing: 1501 SE Oak St is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 1501 SE Oak St is 8,334 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 SE Oak St is 1954.

Rocket Homes›Oregon›Multnomah County›Portland›97214›1501 SE Oak St

This home is located at 1501 SE Oak St in Portland, OR and zip code 97214 in the Southeast Portland neighborhood. This 8,334 square foot home, which was built in 1954, sits on a 0.23 acre lot. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $2,295,000.

In November 2024 more than 253 listings in Portland, OR were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 320 were sold below. The number of homes for sale in Portland, OR decreased by 11.9% between October 2024 and November 2024. In November 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $542,392.

From Rocket Homes Real Estate and based on county public records data.

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