# 5203 NE 16TH Ave, Portland, OR 97211

> **TL;DR:** 4bd/2ba residential multi family, $1,500,000 ($308/sqft), built 1926, 4,864 sqft. Est. $6,500/mo. Listed 30 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,500,000 |
| Price/sqft | $308 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 4,864 |
| Year Built | 1926 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 30 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,500 |
| **Total** | **$6,500** |

## Nearby Schools

- **Elementary:** Vernon
- **Middle:** Vernon
- **High:** Jefferson

## Property Highlights

- Built in 1926
- 0.12 acre lot
- 2 stories

## Description

### Agent 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

- **Address:** 5203 NE 16TH Ave, Portland, OR 97211
- **County:** Multnomah
- **Coordinates:** 45.56044, -122.649002
- **Google Maps:** https://www.google.com/maps?q=45.56044,-122.649002

## Listing Agent

- **Name:** Devin Arthurs
- **Brokerage:** Living Room Realty
- **Phone:** 9713008337
- **Email:** devinsellspdx@gmail.com

## Primary Photo

![5203 NE 16TH Ave - Primary Photo](http://lh.rdcpix.com/553cc5ec8178b46550e07afca51e357fl-f1629215634r.jpg)

*40 total photos available on [listing page](https://www.propertysimple.com/listing/5203-ne-16th-ave-portland-or-97211-19033570)*

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**MLS#:** 219033570 | **Updated:** 2026-04-26
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5203-ne-16th-ave-portland-or-97211-19033570)

---

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