1516 SE 43RD AVE Portland, OR $ 599,900
1516 SE 43RD AVE
$ 599,900
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1516 SE 43RD AVE

Portland, OR, 97215
$ 599,900
Bedrooms3 Baths2.0 Sq 2,224

Monthly Estimate*

$ 3,788

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Single Family Home for sale in Portland, OR

for $599,900 with 3 bedrooms and 2 full baths. This 2,224 square foot home was built in 1902 on a lot size of 0.04.

Exceptional CM2 Commercial Opportunity with Full Basement & Endless Potential – 1516 SE 43rd AveDiscover the possibilities at 1516 SE 43rd Ave, a unique commercial opportunity offering CM2 zoning, a full basement, and tremendous flexibility for an owner-user, investor, or entrepreneur.The standout feature is the full basement, providing an abundance of additional space with endless possibilities. Imagine expanded workspace, storage, offices, creative studio space, or a customized business environment—all subject to applicable zoning and permitting requirements.With CM2 zoning, this property offers the potential for a variety of commercial uses and the flexibility to bring your business vision to life. The property’s location, usable footprint, and additional basement space create an exciting combination of functionality and future potential.Whether you’re searching for a place to establish your business, expand your operations, invest for the future, or create a distinctive commercial destination, this property deserves a closer look.Opportunities like this are hard to find—bring your vision and unlock the full potential of 1516 SE 43rd Ave.

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Single Family Active

Price

$ 599,900

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 6,960

Style

Traditional

Lot Size

0.04

Year Built

1902

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

740502582

Features
Interior
Interior Amenities HighCeilings Laundry WasherDryer WoodFloors
Basement FullBasement
Hot Water Electricity
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.0
Total Bedrooms 3
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Appliances Disposal FreeStandingRange FreeStandingRefrigerator
Zoning CM2
Garage Spaces 0
Architectural Style Traditional
Year Built 1902
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R176595
County Multnomah
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions GPS Friendly
High School Franklin
City Portland
Disclosures Disclosure
MLS Area _143
Lot Size Square Feet 1742.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Glencoe
Tax Annual Amount 6960.93
Middle/Junior High School Mt Tabor
Property Condition Resale
Virtual Tour https://www.zillow.com/view-imx/4372a9cb-781d-4067-9ddd-88a0c45afb27?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description HAWTHORNE AVE ADD BLOCK 4 S 36.2 OF LOT 7&8
ADU False
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Exterior
Exterior Amenities Deck Fenced
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 2224.0
Lot Size Acres 0.04
Road Surface Type Paved
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Internal Only
Street Number 1 1516
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* Excluded Features
List By
Jmg - Jason Mitchell Group

Broker

Don@teamclemons.com

Email

Affordability Calculator

$4,368
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$580
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
1951009 Elementary School
1948940 Middle School
Franklin High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$599,900 Listed Price

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1516 SE 43RD AVE, Portland, OR, 97215 is a Single Family Home for sale at $599,900 with 2,224 sqft and a lot size of 0.04. 1516 SE 43RD AVE has 3 bedrooms, 2.0 baths, and was built in 1902. The property's zip code is 97215 which is in Portland, OR