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The Ash Street Apartments is a five-unit apartment community located at 2831 SE Ash Street in Portland's desirable Kerns neighborhood. Originally constructed in 1970, the property offers an attractive combination of spacious two-bedroom residences, significant capital improvements and convenient access to the amenities of inner Southeast Portland. Situated just off the SE 28th Avenue commercial corridor, the property benefits from an established residential setting within convenient walking and biking distance of popular restaurants, cafés, shopping and entertainment. Nearby destinations include Whole Foods Market, Laurelhurst Theater, Laurelhurst Park and numerous ne...ighborhood establishments.The property features four two-bedroom, one-bathroom apartments of approximately 730 square feet and one larger, two-level townhouse-style residence with two bedrooms, 1.5 bathrooms and approximately 1,050 square feet. Interiors feature wood flooring and tile finishes in kitchens and bathrooms, while the townhouse residence includes a private entrance and outdoor garden area. The property's all-two-bedroom configuration distinguishes it from many smaller apartment offerings, particularly as much of the surrounding area's newer apartment construction has emphasized studio and one-bedroom floor plans. Five off-street parking spaces, private storage and shared laundry facilities provide additional resident convenience.Current ownership has invested substantially in the property since acquiring it in 2008. Improvements include a PVC membrane roof, vinyl windows, fiber cement siding, water supply upgrades, foundation anchoring and interior renovations over time. Current scheduled rents provide established in-place income with additional opportunity for future growth. Ownership has historically maintained modest rental increases and does not currently utilize a utility reimbursement program, providing future ownership opportunities to enhance operating income.

RMLS, MLS#: 101139047
Listed By: Barry Investment Real Estate

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Community Features

  • Laundry

Heating

  • Baseboard

Lot Features

  • Level

Parking Features

  • Off Street

Road Surface Type

  • Paved

Roof

  • Membrane

Sewer

  • Public Sewer

WaterSource

  • Public Water

RMLS Status

  • RMLS #101139047 has an RMLS status of Active
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Listed By:
Barry Investment Real Estate

Data Source: RMLS

MLS#: 101139047

Data Source Copyright: © 2026 RMLS All rights reserved.

The 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 brokerage firms other than RE/MAX Select Group are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. This content last updated on 11/06/2026 13:39 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.All information provided is deemed reliable but is not guaranteed and should be independently verified.

This property was listed on 11/3/2026 and last updated as of 11/3/2026 10:56:21 PM. OSI IDX updated the data from RMLS on 11/6/2026 at 9:48 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.