1626 SE ALDER ST

Portland, 97214

  • 2 Bed

  • 3 Bath

  • 4813 SqFt

  • 64 DOM

  • Built: 1903

  • Status: Active

$900,000

Price cut: $50K (12-11-2025)

X

1626 SE ALDER ST

Portland 97214

$900000

Price cut: $50K (12-11-2025)

  • 2 Bed

  • 3 Bath

  • 4813 SqFt

  • 64 DOM

  • Built: 1903

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Norris & Stevens Inc., is pleased to present for purchase this 7-unit multi-family property located at 1626 SE Alder Street, Portland, OR 97214. Built in 1903, the asset is comprised of five 1-bedroom/1-bath units and two studio units. Positioned in a prime pocket of Southeast Portland’s Buckman neighborhood, the property offers immediate access to the Belmont retail corridor as well as the nearby Hawthorne District, Central Eastside, and downtown Portland. The location provides excellent walkability, bike access, and connectivity to major employment and lifestyle hubs, ensuring consistent rental demand. The property also presents a value-add opportunity through unit renovations, common area improvements, and bringing rents in line with market levels. With strong fundamentals, upside potential, and a highly desirable location, 1626 SE Alder represents a rare opportunity to invest in one of Portland’s most active submarkets.

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Residence Information

  • 4813

  • 2

  • 3

  • Composition,Shingle

  • 2,

  • Driveway,Garage

  • 3

  • 1903

  • No

  • WoodSiding

  • FullBasement,StorageSpace,Unfinished

  • FullBasement,Storage

Features and Utilities

  • Baseboard, WallHeater

  • PublicSewer

  • Electricity, Gas

Financial

  • 10709

  • None

  • CallListingAgent

  • 10-08-2025

  • No

  • No

Comparable Information

  • 64

  • 94

  • CallListingAgent

  • $950,000

  • $900,000

  • Dec 11, 2025 14:34

Schools

Elementary : Buckman N/A Ratings
Middle : Hosford N/A Ratings
High : Other N/A Ratings

Map

Listing courtesy of Norris & Stevens Investment Real Estate Services.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Jan 10, 2026 12:49 | Listing last modified Dec 11, 2025 14:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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