503 SE 157TH AVE, Portland, OR 97233
503 SE 157TH AVE, Portland, OR 97233
503 SE 157TH AVE, Portland, OR 97233
503 SE 157TH AVE, Portland, OR 97233
503 SE 157TH AVE, Portland, OR 97233
503 SE 157TH AVE, Portland, OR 97233
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Matthew Tercek

Matthew Tercek

+1(503) 453-5815
Listed by John L. Scott Sandy
$ 1,299,900
Est. payment | /mo

6,076 SqFt

Save
$ 1,299,900
Est. payment | /mo
Save

6,076 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,076 sqft

Price per Sqft $213

MLS Listing ID 563101202

Year Built 2010

Annual Tax Amount $12,513

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 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.

Location

State OR

County Multnomah

Area _143

Zoning RM1

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Exterior

Garage Spaces 4.0

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level, On Busline

Story 2

Foundation Concrete Perimeter

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

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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503 SE 157TH AVE

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Matthew Tercek
Matthew Tercek

Team Lead / Agent | License ID: 201210228 (OR) 23013170 (WA)

+1(503) 453-5815 | matthew@tercekre.com

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