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$475,000
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Property Description
Due to tenants schedule. only allowed showing 5/31/ at 3:30pm. Great Investment Opportunity - Duplex Near Glenfair Park!Well-maintained duplex featuring one 3-bedroom, 2-bath unit and one 2-bedroom, 1.5-bath unit - both with fireplaces, washer/dryer hookups, and attached 1-car garages plus additional off-street parking. roof only 4 years old. The property has a south-facing yard and sits in a desirable location near Glenfair Park.Each unit offers upgraded interiors and long-term tenants in place, providing immediate rental income. Current rents are $1,600(unit 15540,lease end 12/31/26)and $1,525(unit 15542 month to month) per month..Buyer to obtain and honor existing one-year leases.Don't miss this solid, income-producing property - a great addition to your investment portfolio! Fully ocupied.Use aligned Showings.48 hrs notice.
Full Property Details
Full Property Details for 15540 NE Couch St
General
- Sold For: $475,000
- Taxes: $5,485 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 495697543
- Added to Site: 287 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Parking
- Garage: Yes
- Total Spaces: 2
- Parking Features: Attached, Driveway
Location
- County: Multnomah
- Subdivision: GLENFAIR
- Driving Directions: one block north of Burnside at 155th (last unit on dead end street)
School Information
- Midd School District: H.B. Lee
- Elementary School: Glenfair
- Middle School: H.B. Lee
- High School: Reynolds
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Cooling Type: Other
- Heating Type: Hot Water, Wall Heater
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: None
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,848
- Year Built: 1970
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Concrete, Gravel
- Lot Features: Level, Trees
Financial Considerations
- Operating Expenses: $5,207
- Tax Amount: $5,485
- Tax Year: 2025
- Terms: Call Listing Agent, Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: R158295
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Schools
Schools serving 15540 NE Couch St
School District:Reynolds School District 7
| Name | Grades | Distance |
|---|---|---|
Glenfair Elementary School 15300 Northeast Glisan Street, Portland, OR 97230 | K-5 | 0.2 mi |
Hauton B Lee Middle School 1121 Northeast 172nd Avenue, Portland, OR 97230 | 6-8 | 1 mi |
Reynolds High School 1698 Southwest Cherry Park Road, Troutdale, OR 97060 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15540 NE Couch St
Date
Details
Price
Change
Source
7/27/2026
Sold
$475,000
-5%
MLS
6/03/2026
Price Increased
$500,000
2.25%
MLS
5/25/2026
Price Reduced
$489,000
-2%
MLS
3/28/2026
Price Reduced
$499,000
-1.96%
MLS
2/08/2026
Price Reduced
$509,000
-1.93%
MLS
11/10/2025
Listed
$519,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15540 NE Couch St, Portland, OR 97230 (MLS# 495697543) is a Multi-Family property that was sold at $475,000 on July 27, 2026. This property was listed by Meiya Luo from our Vancouver Downtown Office.Want to learn more about 15540 NE Couch St? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.


