503 SE 157TH AVE, Portland, OR 97233
503 SE 157TH AVE, Portland, OR 97233
503 SE 157TH AVE, Portland, OR 97233
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mike Farrell

Mike Farrell

+1(360) 910-1926
Listed by John L. Scott Sandy
$669,950
Est. payment /mo
3,012 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,012 sqft

Price per Sqft $222

MLS Listing ID 636873764

HOA Y/N No

Year Built 2010

Annual Tax Amount $5,438

Tax Year 2025

Lot Size 4,356 Sqft

Property Description

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; at least one unit currently includes 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 next door at 15650 SE Stark St.

Location

State OR

County Multnomah

Area _143

Zoning RM1

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Exterior

Garage Spaces 2.0

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level, On Busline

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Parklane

Middle Schools Oliver

High Schools Centennial

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Read Less Info
Regional Multiple Listing Service (RMLS)

Nearby Locations

Mike Farrell

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(360) 910-1926

mikehomecenter@gmail.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Mike Farrell, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

503 SE 157TH AVE