1516 SE 43rd Ave, Portland, OR 97215
What's special
Exceptional CM2 Commercial Opportunity with Full Basement & Endless Potential – 1516 SE 43rd AveDiscover the possibilities at 1516 SE 43rd Ave, a unique commercial opportunity offering CM2 zoning, a full basement, and tremendous flexibility for an owner-user, investor, or entrepreneur.The standout feature is the full basement, providing an abundance of additional space with endless possibilities. Imagine expanded workspace, storage, offices, creative studio space, or a customized business environment—all subject to applicable zoning and permitting requirements.With CM2 zoning, this property offers the potential for a variety of commercial uses and the flexibility to bring your business vision to life. The property’s location, usable footprint, and additional basement space create an exciting combination of functionality and future potential.Whether you’re searching for a place to establish your business, expand your operations, invest for the future, or create a distinctive commercial destination, this property deserves a closer look.Opportunities like this are hard to find—bring your vision and unlock the full potential of 1516 SE 43rd Ave.
- 11 days |
- 2,269 |
- 91 |
Likely to sell faster than
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
Donald Clemons 971-533-2212,
JMG - Jason Mitchell Group,
Ekaterina Clemons 253-353-1024,
JMG - Jason Mitchell Group
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Upper
- Area: 121
- Dimensions: 11 x 11
Bedroom 2
- Level: Upper
- Area: 132
- Dimensions: 11 x 12
Bedroom 3
- Level: Upper
- Area: 88
- Dimensions: 8 x 11
Dining room
- Level: Main
- Area: 187
- Dimensions: 17 x 11
Family room
- Level: Lower
- Area: 231
- Dimensions: 21 x 11
Kitchen
- Level: Main
- Area: 132
- Width: 11
Living room
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Heating
- Forced Air
Appliances
- Included: Disposal, Free-Standing Range, Free-Standing Refrigerator, Washer/Dryer, Electric Water Heater
- Laundry: Laundry Room
Features
- High Ceilings
- Flooring: Wood
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Full
Interior area
- Total structure area: 2,224
- Total interior livable area: 2,224 sqft
Video & virtual tour
Property
Features
- Stories: 3
- Patio & porch: Deck
- Fencing: Fenced
Lot
- Size: 1,742 Square Feet
- Features: Level, SqFt 0K to 2999
Details
- Parcel number: R176595
- Zoning: CM2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Wood Siding
- Foundation: Concrete Perimeter
Condition
- Resale
- New construction: No
- Year built: 1902
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $632,080
- Annual tax amount: $6,960
- Date on market: 8/13/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $599,900+150.1%$270/sqft |
Source:  RMLS (OR) #740502582 Report a problem | ||
| 8/19/2003 | Sold | $239,900$108/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,961 +3.7% | $258,340 +3% |
| 2024 | $6,711 +4% | $250,820 +3% |
| 2023 | $6,453 +2.2% | $243,520 +3% |
| 2022 | $6,313 +1.7% | $236,430 +3% |
| 2021 | $6,206 +9% | $229,550 +3% |
| 2020 | $5,694 +3.8% | $222,870 +3% |
| 2019 | $5,484 | $216,380 +3% |
| 2018 | $5,484 +3% | $210,080 +3% |
| 2017 | $5,323 +14% | $203,970 +3% |
| 2016 | $4,669 | $198,030 +3% |
| 2015 | $4,669 | $192,270 |
Find assessor info on the county website
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
$3,803/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.