$649,950

503 Se 157TH Ave, Portland, OR 97233

3,012 sqft

Multi-Family Home
Built in 2010
4,356sqft lot
2 car garage
$216/sqft
Listed 1 month ago

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. Seller holds an active Real Estate License in OR.

Listing Status:: Active
Date Added:: May 4, 2026
Data Last Updated:: June 13, 2026 at 8:41PM
Listing Office:: John L. Scott Sandy : 503-826-9000
Listing Agent:: Mike Agee : 503-504-2499
MLS ID:: 636873764

Basement: Crawl space
Heating: Forced air

General: Cement siding
Parking: DrivewayGarageParking spaces: 2

Roofing: Composition

Road/Access: Paved
Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: RM1PARTITION PLAT 2011-43LOT 1R645039

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Mike Agee , John L. Scott Sandy

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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