Damonian Pike

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Listing provided courtesy of Crestview Realty, LLC- MLS# 557367342MLS Provider

2634 NE BROADWAY STPortland, OR 97232

Multi-Family · 5,420 Sq. ft. | 0.09 Acres
$1,099,000 Active

2634 NE BROADWAY ST Overview

Time on Site:
76 days
Visits:
0

Fantastic 5-Plex Investment Opportunity in the Heart of NE Portland. Located on a prominent corner lot at the intersection of Sullivan's Gulch and Grant Park, this versatile 5-plex presents an exceptional opportunity for both investors and owner-occupants. Four units are currently rented below market value, offering significant upside potential. Each spacious unit includes large bedrooms, generous living areas, and in-unit washer and dryer. A brand-new roof provides peace of mind and long-term value. The property also includes a detached 3-bay garage, offering potential for development or additional income opportunities. Please do not disturb tenants. All units are occupied. Offers are contingent upon interior inspection.

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2634 NE BROADWAY ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,420
  • Price/Sq.ft. $203
  • Lot 0.09 Acres

Details

General

School Information

  • Elementary School: Irvington
  • Middle Or Junior School: Harriet Tubman
  • High School: Jefferson

Income/Expenses

  • Gross Income: 95880.0
  • Net Operating Income: 51183.0
  • Operating Expense: 44697.0

Building Information

  • Year Built: 1925

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast
  • Subdivision Name: SULLIVANS GULCH

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 16757.28
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R128184
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: CM2

Interior

Parking Information

  • Garage Spaces: 3.0

Building Interior

  • Building Area Total: 5420.0

General Information

  • Basement: None
  • Cooling: Window Unit(s)
  • Foundation Details: Concrete Perimeter,Slab
  • Heating: Zoned
  • Stories: 3

Exterior

Parking Information

  • Parking Features: Detached,Garage
  • Parking Total: 3.0

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Square Feet: 3920.0
  • Road Surface Type: Concrete
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Flat

General Information

  • Number Of Units Total: 5
  • Sewer: Public Sewer

2634 NE BROADWAY ST Neighborhood

Community

97232 (Portland) Demographics

35
Median Age
7,421
Population Density (per sq. mile)
69%
College Educated
$59,109
Estimated Median Income
2,033
Estimated Total Home Owners
5,963
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2634 NE BROADWAY ST Market Data

Based on the last 30 days in this zip code

$589,149
Average List Price
$340
Average Price per Square Foot
6
Properties Sold
87
Average Days on Market
43
Properties for Sale
Calculations provided by Reliance Network

2634 NE BROADWAY ST History

Date Event Value Agent
4/14/2026Source: Regional MLS Added to Database
April 14, 2026