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    15541 E Burnside St Portland, OR 97233

    For Sale
    $450,000

    MULTI_FAMILY - Portland, OR

    Lot size:
    0.19 Acres
    Days on Market:
    115
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 15541 E Burnside St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4
    Bedrooms
    4
    APN
    R158307
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1970
    Floors in Building
    1
    Number of units
    2
    Roof type
    Composition

    Keller Williams Realty Portland Central (503) 548-4848 [email protected]

    Listing agent Nick Shivers (503) 548-4848

    Listing date Aug 14, 2025

    MLS# 709504365 Listing URL

    Copyright © 2025 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.

    Overview

    Portland Duplex: Turnkey Investment

    This well-maintained duplex in Southeast Portland presents an investment opportunity. Each of the two units features 2 bedrooms and 1 bath. The units include hardwood floors, fireplaces, and updated kitchens with appliances. Upgrades include fresh interior paint, new windows, and a new roof. New insulation has been added in the attic and crawlspace for energy efficiency, along with a new vapor barrier in the crawl space. Each unit has a slider opening to a large, private, fully fenced backyard with mature fruit trees. Carports with storage add convenience. The property has an excellent bike score and is located minutes from dining, shopping, parks, schools, and the light rail. The lot size is 0.19 acres. The property is zoned R2. The property is fully rented.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.503365
    Latitude
    45.522527

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    FAQs

    What type of property is this?
    Duplex - Well-maintained Portland duplex with upgrades, great location, and rental income.
    Where is this duplex located?
    The property is located at 15541 E Burnside St Portland, OR.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Turnkey duplex in SE Portland, fully rented for immediate income.; - Two spacious 2-bedroom, 1-bath units with hardwood floors and fireplaces.; - Updated kitchens with all appliances included.
    (503) 548-4848
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    Portland, OR 97233
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15541 E Burnside St Portland, OR 97233
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