Property Photo: 5203 NE 16th Ave OR 97211

Listing Courtesy of:

RMLS / Living Room Se Office / Devin Arthurs

5203 NE 16th Ave Portland, OR 97211

Active (2 Days)

$1,500,000 ^(USD)

BED

BATH

4,864

SQFT

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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.

MLS #:
219033570

Taxes
$6,243(2025)

Lot Size
5,227 SQFT

Type
Multifamily

Year Built
1926

County
Multnomah County

Listed By

Devin Arthurs, Living Room Se Office

Source
RMLS
Last checked Mar 13 2026 at 5:34 PM GMT+0000

Bathroom Details

Full Bathrooms: 7

Lot Information

Level

Property Features

Foundation: Concrete Perimeter

Heating and Cooling

Forced Air

Basement Information

Full Basement

Exterior Features

Cedar
Shingle Siding
Roof: Composition

Utility Information

Sewer: Public Sewer
Fuel: Gas

School Information

Elementary School: Vernon
Middle School: Vernon
High School: Jefferson

Parking

On Street

Stories

Location

Map View | Street View

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Living Room Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: 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 brokerage firms other than Living Room Realty 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (3/13/26 10:34). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.