5203 NE 16th Ave, Portland, OR 97211

$1,300,000

Beds

Baths

0.12 ac

Property Size

1926

Year Built

About The Property

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.

ARCHITECTURE

Stories: 2
Condition: Updated/Remodeled
Year Built: 1926
Roof Type: Composition
Foundation Details: Concrete Perimeter
Basement Details: Full Basement

INTERIOR FEATURES

Heating Type: Forced Air
Fuel Type: Gas
Interior SqFt: 4864

EXTERIOR FEATURES

Lot Features: Level
Lot size (Acres): 0.12
Zoning: R2.5
Water Source: Public Water
Sewer: Public Sewer

SCHOOLS

Elementary: Vernon
High School: Jefferson
Middle: Vernon

TAX & FINANCIAL

Annual Tax: $6242.58
Terms Considered: Cash, Conventional
Tax Year: 2025

LISTING INFO

Listing courtesy of Living Room Realty
Days On Market: 124

Map Location

Property Map

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 711150

Agents make every effort to ensure the accuracy of listing details; however, all buyers should conduct their own due diligence before making decisions. Neither the listing agent nor the brokerage shall be liable for errors, omissions, or outdated information. All data is provided as a service and is intended strictly for the personal, non-commercial use of potential buyers.

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Erik Leland