503 SE 157th Ave, Portland, OR 97233

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
503 SE 157th Ave,Portland, OR 97233
$1,299,900
  • - Beds
  • - Baths
  • 6,076 sq. ft.
  • Multi-family
  • Active
Listed by: mike agee
Office: john l. scott sandy503-826-9000
MLS#:563101202
Source:PORTLAND

Price summary

  • Price:$1,299,900
  • Price per sq. ft.:$213.94

About this home

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; 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.

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Home facts

  • Year built:2010
  • Listing ID #:563101202
  • Added:9 day(s) ago
  • Updated:May 14, 2026 at 11:19 AM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:6,076 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:2010
  • Building area:6,076 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Corner Lot, Level, On Busline
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Centennial
  • Middle school:Oliver
  • Elementary school:Parklane

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,299,900
  • Price per sq. ft.:$213.94
  • Tax amount:$12,513 (2025)

Parking

  • Total parking spaces:4
  • Parking description:Driveway, Garage
  • Garage spaces:4
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