Date
Details
Price
Change
Source
3/11/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/40
$1,500,000
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Property Description
Opportunity knocks in Alberta Arts. Are you listening? Now is your chance to own an outstanding investment property in Northeast Portland. This classic Portland apartment building has been carefully and professionally maintained and managed by the same owners for the last few decades. Featuring six studios and one 3 bedroom unit, this property is a perfect fit for a live-in investment property, or wise investment portfolio addition. All units are currently occupied, and the property has had recent updates including: new exterior paint (2025), updated PEX water lines, newer water heaters, flooring and counter updates, and newer gas furnaces for each unit.
Full Property Details
Full Property Details for 5203 NE 16th Ave
General
- Price: $1,500,000
- Taxes: $6,242 (2025)
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 219033570
- Updated: 3/11/2026
- Added to Site: 23 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Additional Information
- Security/Safety: Security System Owned
Parking
- Parking Features: On Street
Location
- County: Multnomah
- Driving Directions: East on Killingsworth from I-5, South on 16th Ave to property at 16th and Sumner
School Information
- High School District: Leodis McDaniel
- Elementary School: Vernon
- Middle School: Vernon
- High School: Jefferson
Community
- Community Name: 142 - Portland Northeast
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Full Basement
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 4,864
- Year Built: 1926
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size: 5, 000 to 6, 999 SqFt
- Frontage: Paved
- Lot Features: Level
Financial Considerations
- Operating Expenses: $42,189
- Tax Amount: $6,242.58
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: VERNON, BLOCK 20, ELY 2.95' OF LOT 8, LOT 9
- Property ID: R295093
Listed by Living Room Realty (503) 719-5588, Devin Arthurs (971) 300-8337
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Listing agent
— 5203 NE 16th Ave —
Devin Arthurs
Living Room Realty
503-719-5588
NMLS#: 1598647
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Get a Great Insurance Rate
Schools
Schools serving 5203 NE 16th Ave
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Vernon Elementary School 2044 Northeast Killingsworth Street, Portland, OR 97211 | K-8 | 0.3 mi |
Jefferson High School, Portland, OR 5210 North Kerby Avenue, Portland, OR 97217 | 9-12 | 1.1 mi |
Leodis V. McDaniel High School 3905 Southeast 91st Avenue, Portland, OR 97266 | 9-12 | 5.9 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 5203 NE 16th Ave
Tax History
Tax History for 5203 NE 16th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,243
4%
$231,680
3%
2024
$6,018
4%
$224,940
3%
2023
$5,787
4%
$218,390
6%
2021
$5,566
-2%
$205,860
-3%
2022
$5,662
2%
$212,030
6%
2021
$5,566
10%
$199,870
3%
2019
$5,070
6%
$194,050
3%
2018
$4,774
4%
$188,400
3%
2017
$4,575
9%
$182,920
3%
2016
$4,187
3%
$177,600
3%
2015
$4,077
2%
$172,430
3%
2014
$4,016
2%
$167,410
3%
2013
$3,923
—
$162,540
—
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 5203 NE 16th Ave
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- Manufactured Home
- Active
- Updated 10 hours ago
- 3Beds
- 2Total Baths
- 1,250Sq. Ft.
Listed by Move Real Estate Inc, Brittany Gibbs
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 3Total Baths
- 3,795Sq. Ft.
Listed by Sortis Real Estate LLC, Benny Bland
- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,528Sq. Ft.
Listed by Harcourts Real Estate Network Group, Bryce Rosenbaum
- Single Family
- Active
- Updated 23 hours ago
- 3Beds
- 2Total Baths
- 2,059Sq. Ft.
Listed by Keller Williams Sunset Corridor, Bre Jaramillo
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- Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,540Sq. Ft.
Listed by John L. Scott Portland Central, Ashley Flapper
- Manufactured Home
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,656Sq. Ft.
Listed by Keller Williams PDX Central, Katrina Brennan
- Single Family
- Active
- Updated 13 hours ago
- 3Beds
- 2Total Baths
- 2,580Sq. Ft.
Listed by Harcourts Real Estate Network Group, Tonya Hurt
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,485Sq. Ft.
Listed by Dore, Cielo Del Rosario
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- Single Family
- Sold
- 4Beds
- 3Total Baths
- 3,679Sq. Ft.
Listed by You Realty, Michael McDonald
Sold by Works Real Estate, Lauren Johnson
Sold by Works Real Estate, Lauren Johnson
- Single Family
- Sold
- 4Beds
- 3Total Baths
- 3,600Sq. Ft.
Listed by Windermere Realty Trust, Jim Arnal
Sold by Windermere Realty Trust, Erin Rothrock
Sold by Windermere Realty Trust, Erin Rothrock
- Single Family
- Sold
- 6Beds
- 4Total Baths
- 4,254Sq. Ft.
Listed by Patrick Henry
Sold by Neighbors Realty, Chris Bonner
Sold by Neighbors Realty, Chris Bonner
- Single Family
- Sold
- Updated 9 days ago
- 4Beds
- 3Total Baths
- 4,745Sq. Ft.
Listed by Windermere Realty Trust, Erin Rothrock and Windermere Realty Trust, Tyler Trowbridge
Sold by Urban Nest Realty, Megan Feil
Sold by Urban Nest Realty, Megan Feil
5203 NE 16th Ave, Portland, OR 97211 (MLS# 219033570) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 5203 NE 16th Ave is currently listed for $1,500,000 and was received on March 11, 2026. Want to learn more about 5203 NE 16th Ave? Do you have questions about finding other Multi-Family real estate for sale in Portland International Airport? You can browse all Portland International Airport real estate or contact a Coldwell Banker agent to request more information.