A rare opportunity to own the historic Nettie Krouse Fourplex in the heart of Buckman—offering the character of a 1910 Portland property with many of the major building systems already updated. Significant improvements include a new roof and gutters in 2022, copper plumbing, updated electrical, restored original windows, eco-friendly attic insulation and a restored detached 2-car garage, allowing the next owner to enjoy a vintage investment property with substantial capital improvements already completed.Individually listed on the National Register of Historic Places, the fourplex features two expansive 2-bedroom residences with additional upper-level bonus space and two spacious 1-bedroom residences. Original hardwood floors, historic windows and period architectural details preserve the craftsmanship and charm of the building, while generous basement areas provide excellent additional storage.Current rents total $8,800/month—$2,500 each for the larger units and $1,900 each for the smaller units—providing $105,600 in annual scheduled gross income. Situated on a beautifully landscaped 7,000 SF lot with outdoor spaces and a detached garage, all on a quiet, tree-lined street just blocks from Hawthorne. An exceptional opportunity to acquire a well-cared-for, income-producing piece of Portland history in one of the city's most desirable close-in neighborhoods.
Multi-familyProperty Type
1910Year Built
6,969 sq ftLot Size
$287Price/Sq.Ft.
2 garage spacesParking
Listed by Michael Smira• John L. Scott Portland Central
Listed by Danny Sommers• John L. Scott Portland Central
Buckman, located between the Willamette River and Mt. Tabor, is a historic and artsy Portland neighborhood with a warehouse-to-loft streetscape and a café-lined grid. The neighborhood’s character concentrates around SE 28th Avenue and SE Burnside Street, where espresso bars, indie boutiques, and late-night bites keep sidewalks busy. Powell’s Books on Hawthorne anchors browsing culture, while Revolution Hall pairs concerts with rooftop views in a former high school. The Doug Fir Lounge adds a woodsy stage-and-bar scene near the Central Eastside edge. Early-1900s bungalows and brick walk-ups mix with converted industrial buildings. Bike lanes and frequent bus lines stitch together parks, patios, and corner markets.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Basement with storage space
Additional storage in garage
Bedrooms
Four units: two 1-bedroom units and two 2-bedroom units
Bathrooms
Each unit has 1 bathroom
Kitchen
Dishwasher
Range (stove)
Refrigerator
Laundry & utility
Hot water from electricity and gas
Flooring
Hardwood floors in units
Heating & cooling
Forced air heating
Cooling via mini-split and window units
Exterior features
Private lot
Trees/woods view
Landscaping maintained (community landscaping)
Paved road access
Home design
Multi-family property (4 units)
Registered on the Register of Historic Homes
Not attached (standalone building)
Built in 1910
Parking
Driveway and off-street parking for a total of 4 vehicles
2-car garage
Security
No security features listed
Construction
Wood siding exterior
Composition/shingle roof
Concrete perimeter, slab and stem wall foundation
Utilities
Public water
Public sewer
Gas fuel
Internet: Cable and fiber optics
HOA & community
Community landscaping maintained
Financial info
Four-unit income property with listed actual rents of $1,900, $1,900, $2,500 and $2,500
Cap rate 5.53
Gross rent multiplier 13.97
Rent includes grounds maintenance and trash collection
Other
Zoning: R5
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R264421
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Sep 8, 2026.
R5
Residential 5,000 zone
The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97214
Average low and high temperatures (°F)
47
37
50
38
57
44
65
46
71
50
77
55
83
59
83
63
77
58
63
49
53
44
51
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
76/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2106 SE Main St
$1,471,230
$3,720 under list price of $1.47M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $935K to $2.2M.