5203 NE 16TH AVE Portland, OR 97211

ADDRESS:: 5203 NE 16TH AVE Portland, OR 97211
Price:: $1,500,000
Units:: 7
Acres:: 0.12
Unit 1:: 1 Bed 1.0 Bath $1,050/mo
Features: Range, Refrigerator
Unit 2:: 1 Bed 1.0 Bath $1,050/mo
Features: Range, Refrigerator
Unit 3:: 1 Bed 1.0 Bath $1,050/mo
Features: Range, Refrigerator
Unit 4:: 1 Bed 1.0 Bath $1,050/mo
Features: Range, Refrigerator
Unit 5:: 1 Bed 1.0 Bath $1,050/mo
Features: Range, Refrigerator
Unit 6:: 1 Bed 1.0 Bath $1,050/mo
Features: Range, Refrigerator
Unit 7:: 3 Bed 1.0 Bath $1,235/mo
Features: Range, Refrigerator
MLS#:: 219033570
Lot Size:: 5,000 to 6,999 SqFt
Type:: Multi
Zone:: R2.5
Yr Built:: 1926
Taxe/yr:: $6,242.58
County:: Multnomah
Status:: Active
Levels:: 2
Heat:: Forced Air
Elem:: Vernon
Middle:: Vernon
High:: Jefferson
Lot Desc:: Level
Area:: Portland Northeast
Courtesy of:: Living Room Realty
Remarks:: 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.

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