503 SE 157th Ave Portland, OR 97233
Listing Courtesy of: MLS LogoRMLS / John L. Scott Sandy

  503 SE 157th Ave Portland, OR 97233

Active (26 Days)
$1,279,900 (USD)
12
BED
12
BATH
6,076
SQFT

Description

Investor-ready duplex offering strong value-add potential. Each unit features 3 bedrooms and 2.5 baths with 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; 3 of the 4 units include 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 at 15650 SE Stark St. Seller holds an active Real Estate License in OR.

MLS #:
563101202
Taxes
$12,513(2025)
Lot Size
4,356 SQFT
Type
Multifamily
Year Built
2010
County
Multnomah County

Listed By

Mike Agee, John L. Scott Sandy
Source
RMLS
Last checked May 30 2026 at 4:49 PM PDT
Bathroom Details
  • Full Bathrooms: 12
Lot Information
  • Level
  • Corner Lot
  • On Busline
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Forced Air
Basement Information
  • Crawl Space
Exterior Features
  • Cement Siding
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
  • Fuel: Gas
School Information
  • Elementary School: Parklane
  • Middle School: Oliver
  • High School: Centennial
Parking
  • Driveway
  • Garage
Stories
  • 2
Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Windermere Real Estate Services Company, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (5/30/26 09:49). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.