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1500 SE 162nd Ave, Portland, OR 97233

$699,990

8 Total Photos [Click to View All]

Property Description

Well-maintained fourplex offering a desirable mix of three 2-bedroom, 1-bath units and one spacious 3-bedroom, 1.5-bath unit. All units feature durable LVP flooring, with select updates throughout. The lower-level units offer private backyards, while the upper-level unit enjoys its own deck. Each unit includes a dedicated storage area, plus additional owner storage for added convenience. Upside in rents. A practical and appealing investment property with a versatile unit mix and tenant-friendly features. Please do not disturb tenants. Make offer subject to interior inspection. Roof replaced 2024 and front exterior paint 2026. Laundry room has potential for income. No sign on property.

1500 SE 162nd Ave | MLS# 715494225

This multi-family property located at 1500 SE 162nd Ave, Portland, OR 97233 is currently listed for sale with an asking price of $699,990. Search Portland real estate on jayneebeck.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Fuel Type: Electricity
Heating: Baseboard
Roof Type: Composition
Stories: 2.0
Taxes: $8,571
Year Built: 1973
Square Feet: 3,814

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WindowCoverings
Rent: $1250.00
Square Footage: 900
Total Units: 2
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Dishwasher, Range, Refrigerator, WindowCoverings
Rent: $1450.00
Square Footage: 900
Total Units: 1
Unit Type 3:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WindowCoverings
Rent: $1700.00
Square Footage: 1100
Total Units: 1

Feature Descriptions

Days on Site: 5
Exterior: Wood Siding
Gross Income: $67800.00 (Actual)
Hot Water: Electricity
Lot: Level
Net Income: $36719.00 (Actual)
Operating Expenses: $27691.00 (Actual)
Parking: OffStreet
Parking Notes: OffStreet
Sewer: Public Sewer
Storage: IndividualStorageUnits
Units: 4
Water: Public Water

Local Schools

High School: Centennial
Middle School: Oliver
Elementary School: Patrick Lynch

Listed By / Shown By

Listed By

Agency Name: LizC Real Estate Investments
Agency Phone: 503-314-6498

Shown By

Agent Name: Jaynee Beck, Principal Broker
Agent Phone: (541) 480-0988
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,457.94 per month $3,539.53 Principal & Interest $714.25 Property Tax $204.16 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/27/2026. The listing information on this page last changed on 08/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 08/27/2026 12:02:43 AM EST) or RMLS (last updated Wed 08/26/2026 11:55:25 PM EST) or COAR/MLSCO (last updated Thu 08/27/2026 12:01:25 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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