503 SE 157TH AVE Portland, OR $ 1,299,900
503 SE 157TH AVE
$ 1,299,900
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503 SE 157TH AVE

Portland, OR, 97233
$ 1,299,900
Bedrooms6 Baths6.0 Sq 6,076

Monthly Estimate*

$ 8,004

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Multi-Family Home for sale in Portland, OR

for $1,299,900 with 6 bedrooms and 6 full baths. This 6,076 square foot home was built in 2010 on a lot size of 0.1.

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 and dryer. Rents are historically below market with reliable long-term tenants in place, presenting an excellent opportunity to increase cash flow. Current rent comparisons support potential rents of approximately $2,295 per unit per month. Please do not disturb tenants. *Interior photos are of the vacant unit at 15650 SE Stark St. Seller holds an active Real Estate License in OR.

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Multi-Family Active

Price

$ 1,299,900

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 12,513

Style

Lot Size

0.1

Year Built

2010

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

563101202

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning RM1
Garage Spaces 4.0
Year Built 2010
Stories Count 2
Tax Year 2025
Parcel Number Not Found
Gross Income 77340.0
County Multnomah
Net Operating Income 52487.0
Operating Expense 20003.0
Property Type MultiFamily
HOA N
Rent Includes TrashCollection
Status Active
Directions 157th & Stark
High School Centennial
City Portland
Disclosures Disclosure
Number Of Units Total 4
MLS Area _143
Lot Size Square Feet 4356.0
Listing Terms Cash Conventional
Elementary School Parklane
Tax Annual Amount 12513.0
Middle/Junior High School Oliver
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARTITION PLAT 2011-43 LOT 1 & PARTITION PLAT 2011-43 LOT 2
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Interior
Basement CrawlSpace
Storage Garage
Hot Water Gas
Unit 1 Baths Total 3
Unit 1 Beds Total 3
Unit 2 Baths Total 3
Unit 2 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway Garage
Lot Features CornerLot Level OnBusline
Water Source PublicWater
Total Parking 4.0
Exterior Description CementSiding
Foundation Details ConcretePerimeter
Building Area Total 6076.0
Lot Size Acres 0.1
Road Surface Type Paved
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Internal Only
Street Number 1 503
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* Excluded Features
List By
John L. Scott Sandy

Broker

mikeagee@msn.com

Email

Affordability Calculator

$9,046
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
$1,043
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
1950501 Elementary School
3924792 Middle School
Centennial High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2026$1,299,900 Listed Price

Map


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503 SE 157TH AVE, Portland, OR, 97233 is a Multi-Family Home for sale at $1,299,900 with 6,076 sqft and a lot size of 0.1. 503 SE 157TH AVE has 6 bedrooms, 6.0 baths, and was built in 2010. The property's zip code is 97233 which is in Portland, OR