Back to search
5203 NE 16TH AVE Portland, OR $ 1,500,000
Share Save
$ 1,500,000 Get more info
5203 NE 16TH AVE
$ 1,500,000
Back to search
Recently Listed
Share Save

5203 NE 16TH AVE

Portland, OR, 97211
$ 1,500,000
Bedrooms4 Baths2.0 Sq 4,864

Monthly Estimate*

$ 9,236

5203 NE 16TH AVE, Portland, OR 97211 - Image 1
5203 NE 16TH AVE, Portland, OR 97211 - Image 2
5203 NE 16TH AVE, Portland, OR 97211 - Image 3
5203 NE 16TH AVE, Portland, OR 97211 - Image 4
5203 NE 16TH AVE, Portland, OR 97211 - Image 5
5203 NE 16TH AVE, Portland, OR 97211 - Image 6
5203 NE 16TH AVE, Portland, OR 97211 - Image 7
5203 NE 16TH AVE, Portland, OR 97211 - Image 8
5203 NE 16TH AVE, Portland, OR 97211 - Image 9
5203 NE 16TH AVE, Portland, OR 97211 - Image 10
5203 NE 16TH AVE, Portland, OR 97211 - Image 11
5203 NE 16TH AVE, Portland, OR 97211 - Image 12
5203 NE 16TH AVE, Portland, OR 97211 - Image 13
5203 NE 16TH AVE, Portland, OR 97211 - Image 14
5203 NE 16TH AVE, Portland, OR 97211 - Image 15
5203 NE 16TH AVE, Portland, OR 97211 - Image 16
5203 NE 16TH AVE, Portland, OR 97211 - Image 17
5203 NE 16TH AVE, Portland, OR 97211 - Image 18
5203 NE 16TH AVE, Portland, OR 97211 - Image 19
5203 NE 16TH AVE, Portland, OR 97211 - Image 20
5203 NE 16TH AVE, Portland, OR 97211 - Image 21
5203 NE 16TH AVE, Portland, OR 97211 - Image 22
5203 NE 16TH AVE, Portland, OR 97211 - Image 23
5203 NE 16TH AVE, Portland, OR 97211 - Image 24
5203 NE 16TH AVE, Portland, OR 97211 - Image 25
5203 NE 16TH AVE, Portland, OR 97211 - Image 26
5203 NE 16TH AVE, Portland, OR 97211 - Image 27
5203 NE 16TH AVE, Portland, OR 97211 - Image 28
5203 NE 16TH AVE, Portland, OR 97211 - Image 29
5203 NE 16TH AVE, Portland, OR 97211 - Image 30
5203 NE 16TH AVE, Portland, OR 97211 - Image 31
5203 NE 16TH AVE, Portland, OR 97211 - Image 32
5203 NE 16TH AVE, Portland, OR 97211 - Image 33
5203 NE 16TH AVE, Portland, OR 97211 - Image 34
5203 NE 16TH AVE, Portland, OR 97211 - Image 35
5203 NE 16TH AVE, Portland, OR 97211 - Image 36
5203 NE 16TH AVE, Portland, OR 97211 - Image 37
5203 NE 16TH AVE, Portland, OR 97211 - Image 38
5203 NE 16TH AVE, Portland, OR 97211 - Image 39
5203 NE 16TH AVE, Portland, OR 97211 - Image 40

Multi-Family Home for sale in Portland, OR

for $1,500,000 with 4 bedrooms and 2 full baths. This 4,864 square foot home was built in 1926 on a lot size of 0.12.

Opportunity knocks in Alberta Arts. Are you listening? Now is your chance to own an outstanding investment property in Northeast Portland. This classic Portland apartment building has been carefully and professionally maintained and managed by the same owners for the last few decades. Featuring six studios and one 3 bedroom unit, this property is a perfect fit for a live-in investment property, or wise investment portfolio addition. All units are currently occupied, and the property has had recent updates including: new exterior paint (2025), updated PEX water lines, newer water heaters, flooring and counter updates, and newer gas furnaces for each unit.

See more
Multi-Family Active

Price

$ 1,500,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,242

Style

Lot Size

0.12

Year Built

1926

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

219033570
Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning R2.5
Garage Spaces 0
Security Features SecuritySystemOwned
Year Built 1926
Stories Count 2
Tax Year 2025
Parcel Number R295093
Gross Income 90420.0
County Multnomah
Net Operating Income 48231.0
Operating Expense 42189.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions East on Killingsworth from I-5 South on 16th Ave to property at 16th and Sumner
High School Jefferson
City Portland
Number Of Units Total 7
MLS Area _142
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional
Elementary School Vernon
Tax Annual Amount 6242.58
Middle/Junior High School Vernon
Property Condition UpdatedRemodeled
High School 2 Leodis McDaniel
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description VERNON BLOCK 20 ELY 2.95' OF LOT 8 LOT 9
See more
Interior
Basement FullBasement
Storage Basement
Hot Water Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2
See more
Exterior
Parking Features OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description Cedar ShingleSiding
Foundation Details ConcretePerimeter
Building Area Total 4864.0
Lot Size Acres 0.12
Road Surface Type Paved
See more
Internal Only
Street Number 1 5203
See more
* Excluded Features
List By
Living Room Realty

Broker

devinsellspdx@gmail.com

Email

Affordability Calculator

$9,756
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$520
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1951195 Elementary School
1949638 Middle School
Jefferson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/11/2026$1,500,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

5203 NE 16TH AVE, Portland, OR, 97211 is a Multi-Family Home for sale at $1,500,000 with 4,864 sqft and a lot size of 0.12. 5203 NE 16TH AVE has 4 bedrooms, 2.0 baths, and was built in 1926. The property's zip code is 97211 which is in Portland, OR

Get more info