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Courtesy of Living Room Realty

For Sale

5203 NE 16TH AVE

5203 NE 16TH AVE, Portland, OR 97211

$1,500,000

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.

4
beds

2
baths

4,864 Sq.Ft. LIVING AREA

5,227 Sq.Ft. lot

Devin Arthurs

title Principal Broker
PHONE (971) 300-8337
EMAIL [email protected]
DRE # OR: 201208016 | WA: 27052

Features & Amenities

Interior

total bedrooms4
Total bathrooms2
full bathrooms2

Area & Lot

Status For Sale
Living Area4,864 Sq.Ft.
Total Area4,864 Sq.Ft.
Lot Area5,227 Sq.Ft.
MLS® ID219033570
TypeMulti-Family
YEAR BUILT1926
Elementary SchoolVernon
Middle SchoolVernon
High SchoolJefferson

Exterior

STORIES2
water SourcePublic Water
roofComposition
lot featuresLevel
parkingOn Street
HEAT TYPEForced Air
sewerPublic Sewer
SubstructureConcrete Perimeter
security FeaturesSecurity System Owned

Financial

Sales Price$1,500,000
Real Estate Tax $6,243/yr
Zoning R2.5

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5203 NE 16TH AVE

$1,500,000

Devin Arthurs

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Work With Devin

Follow Me on Instagram

Leave a Message

Thank you for your message. I will be in touch with you shortly.

5203 NE 16TH AVE

$1,500,000

Devin Arthurs

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Work With Devin

Follow Me on Instagram

Contact Details

Devin Arthurs

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