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503 SE 157th Ave, Portland, OR 97233

$669,950

27 Total Photos [Click to View All]

Property 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.

503 SE 157th Ave | MLS# 636873764

This multi-family property located at 503 SE 157th Ave, Portland, OR 97233 is currently listed for sale with an asking price of $669,950. Search Portland real estate on juli.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Fuel Type: Gas
Heating: Forced Air
Roof Type: Composition
Stories: 2.0
Taxes: $5,438
Year Built: 2010
Square Feet: 3,012

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 3
Features: Dishwasher, Microwave, Range, Refrigerator
Rent: $1650.00
Square Footage: 1506
Total Units: 2

Feature Descriptions

Days on Site: 7
Exterior: Cement Siding
Gross Income: $39540.00 (Actual)
Hot Water: Gas
Lot: Corner Lot, Level, On Busline
Net Income: $28573.00 (Actual)
Operating Expenses: $9322.00 (Actual)
Parking: Driveway, Garage
Parking Notes: Driveway, Garage
Sewer: Public Sewer
Storage: Garage
Units: 2
Water: Public Water

Local Schools

High School: Centennial
Middle School: Oliver
Elementary School: Parklane

Listed By / Shown By

Listed By

Agency Name: John L. Scott Sandy
Agency Phone: 503-826-9000

Shown By

Agent Name: Juli Porterfield | Broker
Agent Phone: (541) 280-6451
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,036.20 per month $3,387.63 Principal & Interest $453.17 Property Tax $195.40 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/12/2026. The listing information on this page last changed on 05/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 05/12/2026 10:57:32 AM EST) or RMLS (last updated Tue 05/12/2026 10:35:31 AM EST) or COAR/MLSCO (last updated Tue 05/12/2026 10:51:37 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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