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About This Home
This 4-bedroom, 2-bathroom residential multi family at 5203 NE 16TH Ave in Portland, OR is listed for $1,500,000 ($308 per sqft). Built in 1926, the home offers 4,864 sqft of living space on a 0.12 acres lot.
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.
Key Features
- Built in 1926
- 0.12 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5203 NE 16TH Ave
Portland, OR 97211
Property Details
Heating
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 5203 NE 16TH Ave is listed at $1,500,000 ($308/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.
Key features include: Built in 1926, 0.12 acre lot, 2 stories.
This property is listed by Devin Arthurs and can be reached at 9713008337 or devinsellspdx@gmail.com.
