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15540 NE COUCH ST Portland, OR $ 519,000
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$ 519,000 Get more info
15540 NE COUCH ST
$ 519,000
Back to search
Share Save

15540 NE COUCH ST

Portland, OR, 97230
$ 519,000
Bedrooms5 Baths4.0 Sq 1,848

Monthly Estimate*

$ 3,238

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Multi-Family Home for sale in Portland, OR

for $519,000 with 5 bedrooms and 4 full baths. This 1,848 square foot home was built in 1970 on a lot size of 0.18.

Great Investment Opportunity – Duplex Near Glenfair Park!Well-maintained duplex featuring one 3-bedroom, 2-bath unit and one 2-bedroom, 1.5-bath unit — both with fireplaces, washer/dryer hookups, and attached 1-car garages plus additional off-street parking. The property has a south-facing yard and sits in a desirable location near Glenfair Park.Each unit offers upgraded interiors and long-term tenants in place, providing immediate rental income. Current rents are $1,600 and $1,525 per month.Showings available only after mutual acceptance. Buyer to obtain and honor existing one-year leases.Don’t miss this solid, income-producing property — a great addition to your investment portfolio!

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Multi-Family Active

Price

$ 519,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,206

Style

Lot Size

0.18

Year Built

1970

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

495697543
Features
General
Sewer PublicSewer
Heating Baseboard HotWater
Cooling Other
Roof Composition
Zoning RM1
Garage Spaces 2.0
Security Features Unknown
Year Built 1970
Stories Count 1
Tax Year 2025
Parcel Number R158295
Gross Income 37500.0
County Multnomah
Net Operating Income 31250.0
Operating Expense 5207.0
Property Type MultiFamily
HOA N
Subdivision Name GLENFAIR
Rent Includes Sewer TrashCollection Water
Status Active
Directions one block north of Burnside at 155th (last unit on dead end street)
High School Reynolds
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 7840.0
Listing Terms CallListingAgent Cash Conventional FHA VALoan
Elementary School Glenfair
Tax Annual Amount 5206.94
Middle/Junior High School H.B. Lee
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ESQUIRE ESTATES LOT 1
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Interior
Basement None
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Attached Driveway
Lot Features Level Trees
Water Source PublicWater
Total Parking 2.0
Exterior Description T111Siding
Foundation Details Other
Building Area Total 1848.0
Lot Size Acres 0.18
Road Surface Type Concrete Gravel
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Internal Only
Street Number 1 15540
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* Excluded Features
List By
Coldwell Banker Bain

Broker

360-931-5667

Contact

Affordability Calculator

$3,672
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,238
Monthly Property Taxes
$434
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
1950239 Elementary School
1950965 Middle School
Reynolds High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/11/2025$519,000 Listed Price

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15540 NE COUCH ST, Portland, OR, 97230 is a Multi-Family Home for sale at $519,000 with 1,848 sqft and a lot size of 0.18. 15540 NE COUCH ST has 5 bedrooms, 4.0 baths, and was built in 1970. The property's zip code is 97230 which is in Portland, OR

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