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35 NE 157TH AVE Portland, OR $ 499,900
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35 NE 157TH AVE
$ 499,900
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35 NE 157TH AVE

Portland, OR, 97230
$ 499,900
Bedrooms2 Baths1.0 Sq 1,728

Monthly Estimate*

$ 3,078

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Multi-Family Home for sale in Portland, OR

for $499,900 with 2 bedrooms and 1 full bath. This 1,728 square foot home was built in 1970.

Over 15yrs of owner occupied duplex W/second unit leased to excellent Home Forward tenant @ $1600 a month (includes water/sewer/garbage tenant takes care of electricity).Lease is up in November with new owners choice to continue renting or not. Eaach unit is 864 sq ft w.2bd 1bth and fireplace. Shared shop with tenants currently using inside storeage rooms in shop. Owner has oversized back yard with covered and uncovered patios. Ample storage with 2 outer storage units. Milguard windows throughout with garden box windows in kitchens. In 2020 both units got new carpet with 10lb moisture barrier pad, insulated floors under whole duplex, and replaced gutters. Both units come with appliances including stackable washer/dryer. Oversized lot, on and off street parking 5 blocks to max transit. Owner is leaving a New Onwote 16ch 8mp camera security system 1tb NVR installed in 2025 ( no monthly fees, just internet needed if you want mobil set up to your phone)

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Multi-Family Active

Price

$ 499,900

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 5,162

Style

Year Built

1970

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

694612927
Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling None
Roof Composition
Zoning RM1
Security Features SecuritySystemOwned Sidewalk
Year Built 1970
Stories Count 1
Tax Year 2025
Parcel Number R158300
Gross Income 18684.0
County Multnomah
Net Operating Income 13521.0
Operating Expense 5163.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions Burnside N on NE 157th Ave to the corner of NE Couch
High School Reynolds
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _142
Listing Terms Cash Conventional FHA VALoan
Elementary School Glenfair
Tax Annual Amount 5162.37
Middle/Junior High School H.B. Lee
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ESQUIRE ESTATES LOT 6
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Interior
Basement CrawlSpace
Storage Attached Locked
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit Type UnitTypeType1
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Exterior
Parking Features Driveway Paved
Lot Features CornerLot Level
Water Source PublicWater
Total Parking 4.0
Exterior Description Brick T111Siding
Foundation Details ConcretePerimeter
Building Area Total 1728.0
Lot Dimensions 108' x 74'
Road Surface Type Paved
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Internal Only
Street Number 1 35
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* Excluded Features
List By
Keller Williams Pdx Central

Broker

brentmaxson@comcast.net

Email

Affordability Calculator

$3,508
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$430
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/10/2026$499,900 Listed Price

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35 NE 157TH AVE, Portland, OR, 97230 is a Multi-Family Home for sale at $499,900 with 1,728 sqft. 35 NE 157TH AVE has 2 bedrooms, 1.0 baths, and was built in 1970. The property's zip code is 97230 which is in Portland, OR

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