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503 SE 157TH AVE

Portland, OR 97233
Square Ft.
6,076
Active
Multifamily
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$1,279,900
Investor-ready duplex offering strong value-add potential. Each unit features 3 bedrooms and 2.5 baths with spacious primary suite, private fenced yard, and dedicated single-car garage—an ideal setup for long-term tenant retention. Well-equipped kitchens include range, dishwasher, microwave hood, refrigerator, and washer/dryer hookups; 3 of the 4 units include a washer… Read MoreRead Less
Listing courtesy of John L. Scott Sandy.
Listing Snapshot
Days Online
36
Last Updated
Square Ft.
6,076
Lot Size
0.1 Acres
Year Built
2010
MLS Number
563101202
30 Days Snapshot Of 97233
$400k
+8%
(avg) sold price
31
+72%
homes sold
46
-14%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 6076, Built in 2010, Storage: Garage, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2
Disclosures
Disclosures: Disclosure
Expenses
Operating Expense Scheduled: 20003, Operating Expense: $20,003
Exterior Features
Exterior Description: CementSiding
Foundation
Foundation Details: ConcretePerimeter
Garage
Garage Spaces: 4
Heating
Heating: ForcedAir
Income
CAP Rate: 4.1, Gross Income: $77,340, Gross Rent Multiplier: 16.55, Gross Scheduled Income: $98,160, Net Operating Income: $52,487, Net Scheduled Income: 78157
Lot
Features: CornerLot, Level, OnBusline, Size Acres: 0.1, Size Range: SqFt3000to4999, Size Square Feet: 4,356, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: AccordingToOwner
Parking
Features: Driveway, Garage, 4 total parking spots
Property
Number Of Units Total: 4, Property Condition: Approximately, Zoning: RM1
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $12,513, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,645, Area: 1506, Features: Dishwasher, Microwave, Range, Refrigerator, Units Total: 2, 3 total bathrooms, 3 total bedroom
Unit Two
Actual Rent: $1,795, Area: 1532, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 2, 3 total bathrooms, 3 total bedroom
Utilities
Fuel Description: Gas, Hot Water Description: Gas, Water Source: PublicWater
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Parklane Elementary School 503-762-3205 Public KG-5
Oliver Middle School Telephone N/A Public 6-8
Centennial High School 503-762-6180 Public 9-12
Parklane Elementary School 503-762-3205 Public KG-5
Parklane Elementary School 503-762-3205 Public KG-5
Oliver Middle School Telephone N/A Public 6-8
Centennial High School 503-762-6180 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.