5203 NE 16th Ave, Portland, OR 97211

Portland
Local realty services provided by:ERA Freeman & Associates, Realtors
5203 NE 16th Ave,Portland, OR 97211
$1,500,000
  • - Beds
  • - Baths
  • 4,864 sq. ft.
  • Multi-family
  • Active
Listed by: devin arthurs
Office: living room realty
MLS#:219033570
Source:PORTLAND

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$308.39

About this home

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.

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Home facts

  • Year built:1926
  • Listing ID #:219033570
  • Added:1 day(s) ago
  • Updated:March 11, 2026 at 05:24 PM

Rooms and interior

  • Basement Description:Full Basement
  • Living area:4,864 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1926
  • Building area:4,864 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Level
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Jefferson
  • Middle school:Vernon
  • Elementary school:Vernon

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$308.39
  • Tax amount:$6,243 (2025)
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 ERA Freeman & Associates, Realtors 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: March 11, 2026

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