503 SE 157TH AVE, Portland, OR 97233 | MLS #563101202 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of John L. Scott SandyMLS# 563101202MLS Provider
  • 56 days on site
  • 0 views

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.

Source: Regional MLS, MLS#: 563101202

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  • Property Type
    Residential Income
  • Lot
    0.10 acres

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  • Median Age
    34
  • Population Density
    8,544
  • College Educated
    24%
  • Estimated Median Income
    $46,433
  • Estimated Total Home Owners
    6,636
  • Estimated Total Renters
    7,021
  • Owner / Renter Divide
    49% / 51%
  • Estimated Average Household Size
    3
  • Total Population
    38,779
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/29/2026Source: Regional MLS Status Change
Pending
5/26/2026Source: Regional MLS Price Reduction
$1,279,900 -1.5%
5/4/2026Source: Regional MLS Added to Database
May 04, 2026