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$460,000
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Property Description
Big corner lot. Big flexibility. A setup that works. This spacious ranch brings a rare layout with a 3 bedroom, 2 bathroom main level, private primary suite, open living and dining spaces, wood burning fireplace and easy flow to a backyard that actually shows up. Think summer dinners, raised beds, firepit nights, garden goals and plenty of room to make it your own. Downstairs, the fully permitted 2 bedroom, 2 bathroom ADU is the standout with high ceilings, its own kitchen with island, fireplace, separate living space, laundry and a tenant already in place on a month to month tenancy. This makes it a strong option for buyers looking for rental income from day one. Keep the rental stream and let the lower level help offset the cost of ownership. Large attached garage with room for gear, tools, storage and weekend toys. Main level living, ADU income potential, oversized yard, garage storage and a flexible floor plan all in one seriously smart package.
Full Property Details
Full Property Details for 16820 SE Alder St
General
- Sold For: $460,000
- Taxes: $5,564
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 296109990
- Added to Site: 74 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Parking
- Total Spaces: 2
- Parking Features: Driveway, Garage
Location
- County: Multnomah
- Subdivision: GLENFAIR
- Driving Directions: Stark to 168th to Alder
School Information
- Midd School District: H.B. Lee
- Elementary School: Alder
- Middle School: H.B. Lee
- High School: Reynolds
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Heating Type: Wall Heater, Zoned
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Finished, Full Basement, Separate Living Quarters/Apartment/Aux Living Unit
- Roof: Composition
- Year Built: 1960
- Property Condition: Approximately
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Paved
- Lot Features: Corner Lot, Trees
Financial Considerations
- Tax Amount: $5,564.9
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: R119240
Listed by eXp Realty, LLC (888) 814-9613, Kimberly Spurlock (503) 901-0132
Sold by Oregon First (503) 667-5686, Deb Counts-Tabor
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Schools
Schools serving 16820 SE Alder St
School District:Reynolds School District 7
| Name | Grades | Distance |
|---|---|---|
Alder Elementary School 17200 Southeast Alder Street, Portland, OR 97233 | PK-5 | 0.1 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 | 4.3 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 16820 SE Alder St
Date
Details
Price
Change
Source
9/10/2026
Sold
$460,000
-3.35%
MLS
7/25/2026
Listed
$475,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16820 SE Alder St, Portland, OR 97233 (MLS# 296109990) is a Multi-Family property that was sold at $460,000 on September 10, 2026. Want to learn more about 16820 SE Alder 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.

