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2523 SE 138TH AVE Portland, OR $ 424,900
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2523 SE 138TH AVE
$ 424,900
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2523 SE 138TH AVE

Portland, OR, 97236
$ 424,900
Bedrooms4 Baths2.0 Sq 1,560

Monthly Estimate*

$ 2,683

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Multi-Family Home for sale in Portland, OR

for $424,900 with 4 bedrooms and 2 full baths. This 1,560 square foot home was built in 1996 on a lot size of 0.14.

Rare opportunity to buy a duplex that is zoned CM1 (commercial mixed use). Private flag lot, please do not go on to property without appointment, both sides are currently rented. Do not disturb tenants. By appointment only. Each side is two bedroom one bath, covered front porch patio and fenced back yard. Both units have been remodeled, good interior condition. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10189204]

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Multi-Family Active

Price

$ 424,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,711

Style

Lot Size

0.14

Year Built

1996

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

184199120
Features
General
Sewer PublicSewer
Heating WallHeater Zoned
Cooling None
Roof Composition
Zoning CM1
Year Built 1996
Stories Count 1
Tax Year 2025
Parcel Number R254028
Gross Income 28800.0
County Multnomah
Net Operating Income 16566.0
Operating Expense 12694.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions SE Division and SE 138th Ave. Flag lot driveway right side of 2533 house
High School David Douglas
City Portland
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 6098.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Lincoln Park
Tax Annual Amount 5711.2
Middle/Junior High School Ron Russell
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description RHEA'S ADDITION LOT 2
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Interior
Basement CrawlSpace
Hot Water Electricity Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway OffStreet
Lot Features FlagLot Level
Water Source PublicWater
Total Parking 2.0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 1560.0
Lot Size Acres 0.14
Road Surface Type Paved
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Internal Only
Street Number 1 2523
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* Excluded Features
List By
Keller Williams Realty Professionals

Broker

alex@diverserg.com

Email

Affordability Calculator

$3,159
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,683
Monthly Property Taxes
$476
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1950348 Elementary School
1950068 Middle School
David Douglas High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/3/2026$424,900 Listed Price

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2523 SE 138TH AVE, Portland, OR, 97236 is a Multi-Family Home for sale at $424,900 with 1,560 sqft and a lot size of 0.14. 2523 SE 138TH AVE has 4 bedrooms, 2.0 baths, and was built in 1996. The property's zip code is 97236 which is in Portland, OR

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