503 SE 157TH AVE

Portland, OR 97233
Square Ft.
3,012
$669,950
Investor-ready duplex offering strong value-add potential. Each unit features 3 bedrooms and 2.5 baths with a 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; at least one unit currently includes aRead MoreRead Less
Listing courtesy of John L. Scott Sandy.
Listing Snapshot
Days Online
4
Last Updated
Square Ft.
3,012
Lot Size
0.1 Acres
Year Built
2010
MLS Number
636873764
30 Days Snapshot Of 97233
$373k
-1%
(avg) sold price
15
-25%
homes sold
60
+140%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 3012, Built in 2010, Storage: Garage, Stories: 2, Unit Type Type: UnitTypeType1
Expenses
Operating Expense: $9,322
Exterior Features
Exterior Description: CementSiding
Garage
Garage Spaces: 2
Heating
Heating: ForcedAir
Income
CAP Rate: 4.26, Gross Income: $39,540, Gross Rent Multiplier: 16.94, Gross Scheduled Income: $50,280, Net Operating Income: $28,573
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, 2 total parking spots
Property
Number Of Units Total: 2, Property Condition: Approximately, Zoning: RM1
Roof
Roof: Composition
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $5,438, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,650, Area: 1506, Features: Dishwasher, Microwave, Range, Refrigerator, 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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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.
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.