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About This Home
This 3-bedroom, 3-bathroom residential multi family at 503 SE 157TH Ave in Portland, OR is listed for $649,950 ($216 per sqft). Built in 2010, the home offers 3,012 sqft of living space on a 0.10 acres lot.
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.
Key Features
- Built in 2010
- 0.10 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$3,476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
503 SE 157TH Ave
Portland, OR 97233
Property Details
Heating
Questions & Answers
This 3-bedroom, 3-bathroom residential multi family at 503 SE 157TH Ave is listed at $649,950 ($216/sqft). The estimated monthly payment is $2,816 based on 20% down at 6.5% interest.
Key features include: Built in 2010, 0.10 acre lot, 2 stories.
This property is listed by Mike Agee and can be reached at 5035042499 or mikeagee@msn.com.
