# 503 SE 157TH Ave, Portland, OR 97233

> **TL;DR:** 3bd/3ba residential multi family, $649,950 ($216/sqft), built 2010, 3,012 sqft. Est. $2,816/mo. Listed 28 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $649,950 |
| Price/sqft | $216 |
| Bedrooms | 3 |
| Bathrooms | 3 full |
| Square Feet | 3,012 |
| Year Built | 2010 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 28 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,816 |
| **Total** | **$2,816** |

## Nearby Schools

- **Elementary:** Parklane
- **Middle:** Oliver
- **High:** Centennial

## Property Highlights

- Built in 2010
- 0.10 acre lot
- 2 stories

## Description

### Agent 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.

## Location

- **Address:** 503 SE 157TH Ave, Portland, OR 97233
- **County:** Multnomah
- **Coordinates:** 45.518971, -122.501872
- **Google Maps:** https://www.google.com/maps?q=45.518971,-122.501872

## Listing Agent

- **Name:** Mike Agee
- **Brokerage:** John L. Scott Sandy
- **Phone:** 5035042499
- **Email:** mikeagee@msn.com

## Primary Photo

![503 SE 157TH Ave - Primary Photo](http://lh.rdcpix.com/e17b9078611626c8f0488190d69b8b6cl-f2085933260r.jpg)

*27 total photos available on [listing page](https://www.propertysimple.com/listing/503-se-157th-ave-portland-or-97233-36873764)*

---

**MLS#:** 636873764 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/503-se-157th-ave-portland-or-97233-36873764)

---

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