5203 NE 16TH AVE, Portland, OR 97211

$1,300,000
4,864
SqFt

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List Price
$1,300,000
Status
ACTIVE
Days on Market
185
Price Change
▼ $200,000 1781844092
MLS#
219033570
Year Built
1926
Living Area
4,864
Lot Size
5,227
Acres
0.12
MLS Area Major
Portland Northeast

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.

Additional Information

Zoning
R2.5
Stories
2
Parking
On Street
Parking Features
On Street
Elementary School
Vernon
Middle School
Vernon
High School
Jefferson

Listing courtesy of Living Room Realty.

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