# 503 SE 157TH Ave, Portland, OR 97233

> **TL;DR:** 6bd/6ba residential multi family, $1,279,900 ($211/sqft), built 2010, 6,076 sqft. Est. $5,546/mo. Listed 28 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,279,900 |
| Price/sqft | $211 |
| Bedrooms | 6 |
| Bathrooms | 6 full |
| Square Feet | 6,076 |
| 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%) | $5,546 |
| **Total** | **$5,546** |

## 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 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

- **Address:** 503 SE 157TH Ave, Portland, OR 97233
- **County:** Multnomah
- **Coordinates:** 45.518938, -122.502177
- **Google Maps:** https://www.google.com/maps?q=45.518938,-122.502177

## 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/bc418a05e84cce95b183dea82e42c1b5l-f2085933260r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/503-se-157th-ave-portland-or-97233-63101202)*

---

**MLS#:** 563101202 | **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-97233-63101202)

---

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