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503 SE 157TH AVE Portland, OR $ 669,950
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503 SE 157TH AVE
$ 669,950
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503 SE 157TH AVE

Portland, OR, 97233
$ 669,950
Bedrooms3 Baths3.0 Sq 3,012

Monthly Estimate*

$ 4,125

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Multi-Family Home for sale in Portland, OR

for $669,950 with 3 bedrooms and 3 full baths. This 3,012 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 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 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 next door at 15650 SE Stark St. Seller holds an active Real Estate License in OR.

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Multi-Family Active

Price

$ 669,950

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,438

Style

Lot Size

0.1

Year Built

2010

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

636873764
Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning RM1
Garage Spaces 2.0
Year Built 2010
Stories Count 2
Tax Year 2025
Parcel Number R645039
Gross Income 39540.0
County Multnomah
Net Operating Income 28573.0
Operating Expense 9322.0
Property Type MultiFamily
HOA N
Rent Includes TrashCollection
Status Active
Directions 157th & Stark
High School Centennial
City Portland
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 4356.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Parklane
Tax Annual Amount 5438.48
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
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Interior
Basement CrawlSpace
Storage Garage
Hot Water Gas
Unit 1 Baths Total 3
Unit 1 Beds Total 3
Unit Type UnitTypeType1
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Exterior
Parking Features Driveway Garage
Lot Features CornerLot Level OnBusline
Water Source PublicWater
Total Parking 2.0
Exterior Description CementSiding
Building Area Total 3012.0
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

$4,578
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,125
Monthly Property Taxes
$453
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/4/2026$669,950 Listed Price

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503 SE 157TH AVE, Portland, OR, 97233 is a Multi-Family Home for sale at $669,950 with 3,012 sqft and a lot size of 0.1. 503 SE 157TH AVE has 3 bedrooms, 3.0 baths, and was built in 2010. The property's zip code is 97233 which is in Portland, OR

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