Date
Details
Price
Change
Source
5/04/2026
Listed
$669,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/27
$669,950
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1/27
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.
Full Property Details
Full Property Details for 503 SE 157th Ave
General
- Price: $669,950
- Taxes: $5,438 (2025)
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 636873764
- Updated: 5/5/2026
- Added to Site: 9 day(s) ago
Rental Information
- Rent Includes: Trash Collection
Parking
- Garage: Yes
- Total Spaces: 2
- Parking Features: Driveway, Garage
Location
- County: Multnomah
- Driving Directions: 157th & Stark
School Information
- Elementary School: Parklane
- Middle School: Oliver
- High School: Centennial
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Crawl Space
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,012
- Year Built: 2010
- Property Condition: Approximately
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Size: 3, 000 to 4, 999 SqFt
- Frontage: Paved
- Lot Features: Corner Lot, Level, On Busline
Financial Considerations
- Operating Expenses: $9,322
- Tax Amount: $5,438.48
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: PARTITION PLAT 2011-43, LOT 1
- Property ID: R645039
Listed by John L. Scott Sandy (503) 826-9000, Mike Agee (503) 504-2499
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Listing agent
— 503 SE 157th Ave —
Mike Agee
John L. Scott Sandy
503-826-9000
NMLS#: 1598647
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Schools
Schools serving 503 SE 157th Ave
School District:Centennial School District 28j
| Name | Grades | Distance |
|---|---|---|
Parklane Elementary School 15811 Southeast Main Street, Portland, OR 97233 | K-5 | 0.3 mi |
Centennial High School 3505 SE 182nd Ave, Gresham, OR 97030 | 9-12 | 2 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 503 SE 157th Ave
Tax History
Tax History for 503 SE 157th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,438
4%
$235,060
3%
2024
$5,214
4%
$228,220
3%
2023
$4,992
3%
$221,580
3%
2022
$4,870
-1%
$215,130
3%
2021
$4,913
—
$208,870
3%
2021
$4,913
17%
$202,790
3%
2019
$4,216
3%
$196,890
3%
2018
$4,074
4%
$191,160
3%
2017
$3,925
4%
$185,600
3%
2016
$3,785
3%
$180,200
3%
2015
$3,690
2%
$174,960
3%
2014
$3,621
2%
$169,870
3%
2013
$3,540
—
$164,930
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 503 SE 157th Ave
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503 SE 157th Ave, Portland, OR 97233 (MLS# 636873764) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 503 SE 157th Ave is currently listed for $669,950 and was received on May 04, 2026. Want to learn more about 503 SE 157th Ave? 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.