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Off market
  • Tax assessed value
    $1,835,540

    3540 SE 157th Ave, Portland, OR 97236

    24beds
    56baths
    10,496sqft
    MultiFamily
    Built in 2004
    -- sqft lot
    $-- Zestimate®
    $175/sqft
    $1,519 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,519/mo

    Zestimate® history
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    What's special

    FANTASTIC INVESTMENT - CASH COW! 8 large 3bd/2.5bth Townhomes in Portland! Developed in 2004, each identical unit is 1,312 sq ft, consists of large updated living with washer/dryers, attached garages, private patios and fireplaces all within a .56 acre tree-lined secluded lot. 100% occupied! Turn-key operation with great stable cash flow, or raise to market rents and lower expenses by charging H20/Sewer for higher NOI! Rarely do properties like this come available so don't miss your opportunity!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 56
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 10,496 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached, Off-street
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 0.56 Acres
    • Features: Flag Lot, Private, Views, Near Public Transit
    • Residential vegetation: Wooded
    Details
    • Parcel number: R202345
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Existing
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & neighborhood

    Security
    • Security features: Security Lights
    Location
    • Region: Portland

    HOA & financial

    Other financial information
    • Total actual rent: 13425

    Other

    Other facts
    • Flooring: Wood
    • ViewYN: true
    • Sewer: Public Sewer
    • WaterSource: Public
    • Zoning: R3
    • Heating: Forced Air
    • RoadSurfaceType: Paved
    • Appliances: Dishwasher, Washer/Dryer, Gas Water Heater
    • FireplaceYN: true
    • GarageYN: true
    • HeatingYN: true
    • Utilities: Natural Gas Connected
    • ConstructionMaterials: Vinyl Siding
    • NumberOfUnitsTotal: 8
    • Roof: Composition
    • LeaseTerm: Month To Month
    • FarmLandAreaUnits: Square Feet
    • ParkingFeatures: Storage, Assigned, Garage
    • RentIncludes: Water, Sewer, Trash Collection
    • LotFeatures: Flag Lot, Private, Views, Near Public Transit
    • Vegetation: Wooded
    • SecurityFeatures: Security Lights
    • View: Trees/Woods
    • CapRate: 5.49
    • PropertyCondition: Existing
    • MlsStatus: Active
    • CoListAgentEmail: zeljkoppg@gmail.com
    • CoListAgentFullName: Zeljko Grahovac
    • GrossIncome: 159900
    • GrossScheduledIncome: 170340
    • OperatingExpense: 50106
    • NetOperatingIncome: 109794
    • TotalActualRent: 13425
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/16/2021Sold$1,825,000-6.4%$174/sqft
    Source: RMLS (OR) #21324186 Report a problem
    8/18/2020Listing removed$1,950,000$186/sqft
    Source: Premiere Property Group, LLC #20060569 Report a problem
    7/12/2020Price change$1,950,000-2%$186/sqft
    Source: Premiere Property Group, LLC #20060569 Report a problem
    6/10/2020Price change$1,990,000-0.5%$190/sqft
    Source: Premiere Property Group, LLC #20060569 Report a problem
    6/4/2020Price change$1,999,9000%$191/sqft
    Source: Premiere Property Group, LLC #20060569 Report a problem
    4/5/2020Price change$2,000,000-2.4%$191/sqft
    Source: Premiere Property Group, LLC #20060569 Report a problem
    3/19/2020Price change$2,050,000-2.4%$195/sqft
    Source: Premiere Property Group, LLC #20060569 Report a problem
    2/28/2020Listed for sale$2,100,000+38.6%$200/sqft
    Source: Premiere Property Group, LLC #20060569 Report a problem
    2/10/2017Sold$1,515,000+61.2%$144/sqft
    Source: Public Record Report a problem
    2/4/2014Sold$940,000-18.2%$90/sqft
    Source: Public Record Report a problem
    1/2/2013Listing removed$1,149,000$109/sqft
    Source: RE/MAX EQUITY GROUP-SUNNYSIDE OFFICE #12287223 Report a problem
    4/24/2012Price change$1,149,000-4%$109/sqft
    Source: RE/MAX EQUITY GROUP SUNNYSIDE OFFICE #12287223 Report a problem
    1/19/2012Listed for sale$1,197,000+565.4%$114/sqft
    Source: RE/MAX Equity Group Report a problem
    7/28/2008Listing removed$179,900$17/sqft
    Source: NCI #7120824 Report a problem
    6/13/2008Listed for sale$179,900$17/sqft
    Source: NCI #7120824 Report a problem
    5/4/2008Listing removed$179,900$17/sqft
    Source: NCI Report a problem
    4/6/2008Listed for sale$179,900-80%$17/sqft
    Source: NCI Report a problem
    3/31/2008Sold$900,000+3.8%$86/sqft
    Source: Public Record Report a problem
    6/15/2005Sold$867,000$83/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,833 +4.3%$770,760 +3%
    2024$17,098 +4.5%$748,320 +3%
    2023$16,368 +2.5%$726,530 +3%
    2022$15,969 -0.9%$705,370 +3%
    2021$16,107 +12.1%$684,830 +3%
    2020$14,363 +3.9%$664,890 +3%
    2019$13,822 $645,530 +3%
    2018$13,822 +3.5%$626,730 +3%
    2017$13,357 +9.4%$608,480 +3%
    2016$12,213 $590,760 +3%
    2015$12,213 +13.3%$573,560 +3%
    2014$10,777 +26.3%$556,860 +9.2%
    2013$8,536 +4.6%$510,020 +9.6%
    2011$8,164 -15.5%$465,190 -13.7%
    2010$9,661 -9.4%$538,730 -0.4%
    2009$10,662 -4.6%$540,650 +3%
    2008$11,179 +0.1%$524,910 +3%
    2007$11,166 +3.3%$509,630 +3%
    2006$10,814 +2.3%$494,790 +3%
    2005$10,570 +3%$480,380 +3%
    2004$10,260 +505%$466,390 +459.2%
    2003$1,696 +66.8%$83,400 +60.6%
    2002$1,017 +5.1%$51,930 +6.1%
    2000$967 $48,960

    Find assessor info on the county website

    Neighborhood: Centennial

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Centennial/David Douglas
    • District: CENTENNIAL SD 28J

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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