2009 SE 158TH AVE Portland, OR $ 369,900
2009 SE 158TH AVE
$ 369,900
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2009 SE 158TH AVE

Portland, OR, 97233
$ 369,900
Bedrooms4 Baths2.0 Sq 1,228

Monthly Estimate*

$ 2,308

2009 SE 158TH AVE, Portland, OR 97233 - Image 1
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Single Family Home for sale in Portland, OR

for $369,900 with 4 bedrooms and 2 full baths. This 1,228 square foot home was built in 1956 on a lot size of 0.22.

High-ROI Opportunity in Growing Centennial Neighborhood! This single-level ranch offers the ideal value-add investment in one of Portland’s rapidly developing residential corridors. With 4 bedrooms, 2 full bathrooms, and over 1,200 sq ft of living space on a 0.22-acre lot, this property is primed for renovation and long-term cash flow. New electrical panel, HVAC, water lines, and a garage conversion to create a primary suite were fully permitted and completed in 2017. With convenient single level living, this home would be desired by tenants and future buyers alike. Centrally located near major transit routes and daily conveniences — including Fred Meyer, Portland Coffee Shop, and a wide selection of restaurants and grocery stores along SE Division — this home sits in a high-demand rental area with strong occupancy rates and rising rents. Whether you're looking to flip, hold and rent, or further develop, this property checks the boxes: large lot, functional layout, location appeal, and development potential. Sold AS-IS. Cash, conventional or rehab financing only. Unlock the upside — bring your contractor and run the numbers.

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Single Family Contingent

Price

$ 369,900

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 4,102

Style

Stories1,Ranch

Lot Size

0.22

Year Built

1956

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

562052530

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Appliances Dishwasher Microwave SolidSurfaceCountertop Tile
Garage Spaces 0
Architectural Style Stories1 Ranch
Year Built 1956
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number R303274
Accessibility GroundLevel MainFloorBedroomBath UtilityRoomOnMain
County Multnomah
Property Type Residential
HOA N
Subdivision Name CENTENNIAL
Full Baths 2
Status ShortSalePending
Directions SE 162nd Ave to SE Grant St to SE 158th Ave
High School Centennial
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 9583.0
Listing Terms Cash Conventional
Elementary School Parklane
Tax Annual Amount 4102.19
Middle/Junior High School Oliver
Property Condition Fixer
Virtual Tour https://youtu.be/QJHHSg3WiyU
Standard Status ActiveUnderContract
Accessory Dwelling Unit Y/N N
Legal Description WESTENA BLOCK 1 LOT 14
ADU False
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Interior
Basement CrawlSpace
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Electricity
Window Features AluminumFrames
Total Bathrooms 2.0
Total Bedrooms 4
Total Baths 2
1/2 Baths 0
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Exterior
Exterior Amenities Deck RVParking RVBoatStorage Yard
Parking Features OnStreet ParkingPad
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding LapSiding
Foundation Details ConcretePerimeter
Building Area Total 1228.0
Lot Size Acres 0.22
Road Surface Type Paved
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Internal Only
Street Number 1 2009
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-709-4632

Contact

Affordability Calculator

$2,650
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,308
Monthly Property Taxes
$342
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950501 Elementary School
3924792 Middle School
Centennial High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2025$369,900 -2.63% Price Down
9/28/2025$379,900 Listed Price

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2009 SE 158TH AVE, Portland, OR, 97233 is a Single Family Home for sale at $369,900 with 1,228 sqft and a lot size of 0.22. 2009 SE 158TH AVE has 4 bedrooms, 2.0 baths, and was built in 1956. The property's zip code is 97233 which is in Portland, OR