503 SE 157th Ave, Portland, OR 97233

Portland
Local realty services provided by:Knipe Realty ERA Powered
503 SE 157th Ave,Portland, OR 97233
$1,299,900
  • - Beds
  • - Baths
  • 6,076 sq. ft.
  • Multi-family
  • Active
Listed by: mike agee
Office: john l. scott sandy503-826-9000
MLS#:563101202
Source:PORTLAND

Price summary

  • Price:$1,299,900
  • Price per sq. ft.:$213.94

About this home

Investor-ready duplex offering strong value-add potential. Each unit features 3 bedrooms and 2.5 baths with a 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.

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Home facts

  • Year built:2010
  • Listing ID #:563101202
  • Added:8 day(s) ago
  • Updated:May 13, 2026 at 11:27 AM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:6,076 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:2010
  • Building area:6,076 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Corner Lot, Level, On Busline
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Centennial
  • Middle school:Oliver
  • Elementary school:Parklane

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,299,900
  • Price per sq. ft.:$213.94
  • Tax amount:$12,513 (2025)

Parking

  • Total parking spaces:4
  • Parking description:Driveway, Garage
  • Garage spaces:4
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: May 13, 2026

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