High-ROI Opportunity in Growing Centennial Neighborhood! This single-level ranch offers the ideal value-add investment in one of Portland’s rapidly developing residential corridors. With 4 bedrooms, 2 full bathrooms, and over 1,200 sq ft of living space on a 0.22-acre lot, this property is primed for renovation and long-term cash flow. New electrical panel, HVAC, water lines, and a garage conversion to create a primary suite were fully permitted and completed in 2017. With convenient single level living, this home would be desired by tenants and future buyers alike. Centrally located near major transit routes and daily conveniences — including Fred Meyer, Portland Coffee Shop, and a wide selection of restaurants and grocery stores along SE Division — this home sits in a high-demand rental area with strong occupancy rates and rising rents. Whether you're looking to flip, hold and rent, or further develop, this property checks the boxes: large lot, functional layout, location appeal, and development potential. Sold AS-IS. Cash, conventional or rehab financing only. Unlock the upside — bring your contractor and run the numbers.
Sold
$369,900
2009 SE 158th Ave, Portland, OR 97233
4beds
1,228sqft
Residential, Single Family Residence
Built in 1956
9,583.2 Square Feet Lot
$418,200 Zestimate®
$301/sqft
$2,571 Estimated rent
Home value
$418,200
$381,000 - $452,000
$2,571/mo
Zestimate® history
Owner options
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$2,571/mo
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$2,571/mo
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$2,256/mo
Est. payment
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$2,256/mo
Est. payment
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List your homeWhat's special
Single-level ranchLarge lotConvenient single level livingPrimary suiteFunctional layout
Zillow last checked:
Listing updated:
Listed by:
Darryl Bodle #AGENT_PHONE,
Keller Williams Realty Portland Premiere,
Kelly Christian 908-328-1873,
Keller Williams Realty Portland Premiere
Bought with:
Jae Aguilar, 201240368
Keller Williams PDX Central
Source: RMLS (OR),MLS#: 562052530
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Features: Ensuite
- Level: Main
- Area: 160
- Dimensions: 16 x 10
Bedroom 2
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Bedroom 3
- Level: Main
- Area: 117
- Dimensions: 13 x 9
Bedroom 4
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Dining room
- Features: Sliding Doors
- Level: Main
- Area: 80
- Dimensions: 10 x 8
Kitchen
- Level: Main
- Area: 91
- Width: 7
Living room
- Features: Fireplace
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Heating
- Forced Air, Fireplace(s)
Appliances
- Included: Dishwasher, Microwave, Electric Water Heater
Features
- Tile
- Doors: Sliding Doors
- Windows: Aluminum Frames
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,228
- Total interior livable area: 1,228 sqft
Property
Parking
- Parking features: On Street, Parking Pad, RV Access/Parking, RV Boat Storage
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Ground Level, Main Floor Bedroom Bath, Utility Room On Main, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Yard
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 9,583 sqft
- Features: Level, SqFt 7000 to 9999
Details
- Additional structures: RVParking, RVBoatStorage
- Parcel number: R303274
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1956
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
- Subdivision: Centennial
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2025 | Sold | $369,900$301/sqft |
Source:  RMLS (OR) #562052530 Report a problem | ||
| 12/30/2025 | Pending sale | $369,900$301/sqft |
Source: RMLS (OR) #562052530 Report a problem | ||
| 10/15/2025 | Contingent | $369,900$301/sqft |
Source: RMLS (OR) #562052530 Report a problem | ||
| 10/6/2025 | Price change | $369,900-2.6%$301/sqft |
Source: RMLS (OR) #562052530 Report a problem | ||
| 9/26/2025 | Listed for sale | $379,900-10.6%$309/sqft |
Source: RMLS (OR) #562052530 Report a problem | ||
| 4/15/2020 | Listing removed | $2,150$2/sqft |
Source: V.I.P. Property Management Inc. Report a problem | ||
| 3/28/2020 | Price change | $2,150-4.4%$2/sqft |
Source: V.I.P. Property Management Inc. Report a problem | ||
| 3/13/2020 | Listed for rent | $2,250$2/sqft |
Source: V.I.P. Property Management Inc. Report a problem | ||
| 2/1/2020 | Listing removed | $2,250$2/sqft |
Source: V.I.P. Property Management Inc. Report a problem | ||
| 1/30/2020 | Listed for rent | $2,250+12.8%$2/sqft |
Source: V.I.P. Property Management Inc. Report a problem | ||
| 11/27/2019 | Listing removed | $425,000$346/sqft |
Source: Veracity Real Estate Group #19107275 Report a problem | ||
| 10/26/2019 | Listed for sale | $425,000+23.2%$346/sqft |
Source: Veracity Real Estate Group #19107275 Report a problem | ||
| 5/12/2018 | Listing removed | $1,995$2/sqft |
Source: V.I.P. Property Management Inc. Report a problem | ||
| 3/29/2018 | Listed for rent | $1,995$2/sqft |
Source: V.I.P. Property Management Inc. Report a problem | ||
| 8/24/2017 | Listing removed | $1,995$2/sqft |
Source: VIP Property Management, inc Report a problem | ||
| 6/9/2017 | Price change | $1,995-11.3%$2/sqft |
Source: VIP Property Management, inc Report a problem | ||
| 5/22/2017 | Price change | $2,250-6.1%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/10/2017 | Price change | $2,395-7.7%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/1/2017 | Listed for rent | $2,595$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/2/2016 | Listing removed | $345,000$281/sqft |
Source: Owner Report a problem | ||
| 11/17/2016 | Price change | $345,000-8%$281/sqft |
Source: Owner Report a problem | ||
| 11/13/2016 | Price change | $375,000+68.9%$305/sqft |
Source: Owner Report a problem | ||
| 9/12/2016 | Price change | $222,000+5.7%$181/sqft |
Source: Owner Report a problem | ||
| 8/26/2016 | Price change | $210,000-2.3%$171/sqft |
Source: Owner Report a problem | ||
| 8/12/2016 | Price change | $214,999-1.8%$175/sqft |
Source: Mal & Seitz #16478128 Report a problem | ||
| 7/18/2016 | Listed for sale | $219,000+51%$178/sqft |
Source: Mal & Seitz #16478128 Report a problem | ||
| 7/1/2016 | Sold | $145,000$118/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,278 +4.3% | $184,920 +3% |
| 2024 | $4,102 +4.5% | $179,540 +3% |
| 2023 | $3,927 +2.5% | $174,320 +3% |
| 2022 | $3,832 -0.9% | $169,250 +3% |
| 2021 | $3,865 +12.1% | $164,330 +3% |
| 2020 | $3,447 +3.9% | $159,550 +3% |
| 2019 | $3,317 | $154,910 +3% |
| 2018 | $3,317 +3.5% | $150,400 +3% |
| 2017 | $3,205 +7.6% | $146,020 +3% |
| 2016 | $2,978 | $141,770 +3% |
| 2015 | $2,978 +6.9% | $137,650 +3% |
| 2014 | $2,786 +26.8% | $133,650 +3% |
| 2013 | $2,197 +3.7% | $129,760 +3% |
| 2012 | $2,118 -4.4% | $125,990 +1.5% |
| 2011 | $2,215 -15.7% | $124,070 +3% |
| 2010 | $2,627 +2.6% | $120,460 +3% |
| 2009 | $2,561 +5.9% | $116,960 +3% |
| 2008 | $2,418 +0.1% | $113,560 +3% |
| 2007 | $2,416 +3.3% | $110,260 +3% |
| 2006 | $2,340 +2.3% | $107,050 +3% |
| 2005 | $2,287 +3.3% | $103,940 +3% |
| 2004 | $2,215 +6.5% | $100,920 +3% |
| 2003 | $2,079 +3.9% | $97,990 +3% |
| 2002 | $2,001 +13% | $95,140 +6.1% |
| 2000 | $1,772 | $89,680 |
Find assessor info on the county website
Neighborhood: Centennial
Nearby schools
GreatSchools rating
- 6/10Parklane Elementary SchoolGrades: K-5Distance: 0.4 mi
- 1/10Oliver MiddleGrades: 6-8Distance: 0.5 mi
- 4/10Centennial High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Parklane
- Middle: Oliver
- High: Centennial
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$418,200
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Estimated market value
$418,200
- Oregon
- Multnomah County
- Portland
- 97233
- Centennial
- 2009 SE 158th Ave
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