503 SE 157TH AVE Portland, OR 97233
Price:
$669,950
Units:
2
Acres:
0.1
Unit 1:
3 Bed 3.0 Bath $1,650/mo
Features: Dishwasher, Microwave, Range, Refrigerator
Unit 2:
3 Bed 3.0 Bath $1,650/mo
Features: Dishwasher, Microwave, Range, Refrigerator
MLS#:
636873764
Lot Size:
3,000 to 4,999 SqFt
Type:
Multi
Zone:
RM1
Yr Built:
2010
Taxe/yr:
$5,438.48
County:
Multnomah
Status:
Active
Levels:
2
Heat:
Forced Air
Elem:
Parklane
Middle:
Oliver
High:
Centennial
Lot Desc:
Corner Lot, Level, On Busline
Area:
Portland Southeast
Courtesy of:
John L. Scott Sandy
Remarks:
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.
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