16820 SE ALDER ST Portland, OR $ 475,950
16820 SE ALDER ST
$ 475,950
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16820 SE ALDER ST

Portland, OR, 97233
$ 475,950
Bedrooms5 Baths4.0

Monthly Estimate*

$ 3,005

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Multi-Family Home for sale in Portland, OR

for $475,950 with 5 bedrooms and 4 full baths. This home was built in 1960 on a lot size of 0.17.

Big corner lot. Big flexibility. A setup that works. This spacious ranch brings a rare layout with a 3 bedroom, 2 bathroom main level, private primary suite, open living and dining spaces, wood burning fireplace and easy flow to a backyard that actually shows up. Think summer dinners, raised beds, firepit nights, garden goals and plenty of room to make it your own. Downstairs, the fully permitted 2 bedroom, 2 bathroom ADU is the standout with high ceilings, its own kitchen with island, fireplace, separate living space, laundry and a tenant already in place on a month to month tenancy. This makes it a strong option for buyers looking for rental income from day one. Keep the rental stream and let the lower level help offset the cost of ownership. Large attached garage with room for gear, tools, storage and weekend toys. Main level living, ADU income potential, oversized yard, garage storage and a flexible floor plan all in one seriously smart package.

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Multi-Family Active

Price

$ 475,950

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,564

Style

Lot Size

0.17

Year Built

1960

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

296109990

Features
General
Sewer PublicSewer
Heating WallHeater Zoned
Roof Composition
Zoning R7AH
Year Built 1960
Parcel Number R119240
Gross Income 0
County Multnomah
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Subdivision Name GLENFAIR
Rent Includes Sewer TrashCollection Water
Status Active
Directions Stark to 168th to Alder
High School Reynolds
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 7405.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Alder
Tax Annual Amount 5564.9
Middle/Junior High School H.B. Lee
Property Condition Approximately
Virtual Tour https://my.matterport.com/show/?m=TBBgftycfQt&mls=1
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BRAECROFT BLOCK 4 LOT 1
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Interior
Basement Finished FullBasement SeparateLivingQuartersApartmentAuxLivingUnit
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 Driveway Garage
Lot Features CornerLot Trees
Water Source PublicWater
Total Parking 2.0
Exterior Description VinylSiding
Foundation Details ConcretePerimeter
Lot Size Acres 0.17
Road Surface Type Paved
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Internal Only
Street Number 1 16820
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* Excluded Features
List By
Exp Realty, Llc

Broker

503-901-0132

Contact

Affordability Calculator

$3,469
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,005
Monthly Property Taxes
$464
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
1951033 Elementary School
1950965 Middle School
Reynolds High School High School
Pricing History
DatePricePrice ChangeDescription
7/25/2026$475,950 Listed Price

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16820 SE ALDER ST, Portland, OR, 97233 is a Multi-Family Home for sale at $475,950 with a lot size of 0.17. 16820 SE ALDER ST has 5 bedrooms, 4.0 baths, and was built in 1960. The property's zip code is 97233 which is in Portland, OR