40
See all 40 photos
Listed by Living Room Realty
$1,500,000
Est. payment /mo
4,864 SqFt
Active
5203 NE 16TH AVE Portland, OR 97211
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,864 sqft
Price per Sqft $308
MLS Listing ID 219033570
Year Built 1926
Annual Tax Amount $6,242
Tax Year 2025
Lot Size 5,227 Sqft
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.
Location
State OR
County Multnomah
Area _142
Zoning R2.5
Rooms
Basement Full Basement
Interior
Heating Forced Air
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Vernon
Middle Schools Vernon
High Schools Jefferson
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION