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$1,500,000
New Listing

5203 NE 16TH AVE
Portland, OR 97211

For Sale|Multi Family|Active
4
Beds
2
Total Baths
4,864
SqFt
$308
/SqFt
1926
Built
County:
Multnomah
Listing courtesy of Devin Arthurs of Living Room Realty (971) 300-8337

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503-449-3661
5203 NE 16TH AVE5203 NE 16TH AVE5203 NE 16TH AVE5203 NE 16TH AVE
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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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Listing Snapshot
Price 
$1,500,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
4,864 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1926
MLS® Number 
219033570
Status 
Active
Property Tax 
$6,242.58
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
5 hours agoListing first seen on site
General Features
Acres 
0.12
Foundation 
Concrete Perimeter
Number Of Stories 
2
Parking 
On Street
Property Condition 
Updated/Remodeled
Property Sub Type 
Multi Family
Security 
Security System Owned
Sewer 
Public Sewer
SqFt Total 
4864
Water Source 
Public
Zoning 
R2.5
Interior Features
Basement 
Full
Heating 
Forced Air
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Exterior Features
Construction Details 
Cedar
Lot Features 
Level
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
MLS Area 
_142
Roads 
Paved
Schools
School District
Unknown
Elementary School
Vernon
Middle School
Vernon
High School
Jefferson
Listing courtesy of Devin Arthurs of Living Room Realty (971) 300-8337



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than 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 website may subsequently have sold or may no longer be available.

Last checked 2026-03-11 01:00 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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