Huge newer townhouse style tri-plex in exellent condition! Huge living room, very big bedrooms & 1.5 bathrooms! Attach garage w/storage! Security gate! Big common area! Fully rent, subject to int inspection! Rent under market! Not short sale or bank owned, Sellers said "SALE". Must sale two. This property will go fast.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
4.5
Stories
2
Lot width
—
Lot depth
—
Lot size
6,750 Sq. Ft.
Year renovated
1997
Sq. Ft.
3,213
Year built
1997
Style
Multi-Family (2-4 Unit)
County
Multnomah County
APN
R261606
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
RM1
H
Residential Multi-Dwelling 1 Zone
The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.
Zone overlays
Aircraft Landing Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Property details
Parking
Parking Information
Parking Features: Attached, Garage
Parking Total: 3
Interior
Appliances
Hot Water Description: Electricity
Interior Features
Storage: Garage(s)
Basement: Crawl Space
Multi Unit Information
# Of Units Total: 3
Unit Information
Unit Type: 1, 2, 3
Unit Type 1 Information
Actual Rent: $750
Area: 1,071
Baths Total: 2
Beds Total: 2
Features: Deck, Microwave, Range, Refrigerator
Units Total: 1
Unit Type 2 Information
Actual Rent: $750
Area: 1,071
BathsTotal: 2
Beds Total: 2
Features: Deck, Microwave, Range, Refrigerator
Units Total: 1
Unit Type 3 Information
Actual Rent: $750
Area: 1,071
Baths Total: 2
Beds Total: 2
Features: Deck, Microwave, Range, Refrigerator
Units Total: 1
Exterior
Exterior Features
Roof: Composition
Exterior Description: Vinyl Siding
Lot Information
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Commons, Gated, Level, On Busline
Parcel Number: R261606
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Approximately
Security Features: Security Gate, Security System
View YN: No
Building Information
Year Built: 1997
Building Area Total: 3,212
Financial
Tax Information
Tax Legal Description: ROSES, LOT 5
Tax Annual Amount: $4,162.40
Rent Information
Rent Includes: Trash Collection
Lease / Rent Information
CAP Rate: 1.0
Gross Rent Multiplier: 274900.0
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Wall Furnace
Cooling YN: Yes
Cooling: Window Unit(s)
Location
School Information
Elementary School: Lincoln Park
High School: David Douglas
Location Information
Directions: Start Street south on 155th Ave!
Unparsed Address: 516 SE 155TH AVE, Portland, OR 97233
Community Information
Community Features: Commons
Zoning: R2
Public facts
Beds: 6
Baths: 4.5
Sq. Ft.: 3,213
Stories: 2.0
Lot Size: 6,750 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1997
Year Renovated: 1997
County: Multnomah County
APN: R261606
Home facts updated by county records on Oct 30, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Parklane Elementary School
Public K-5 • Assigned • 0.3mi
6/10
Centennial High School
Public 9-12 • Assigned • 2.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
23 unhealthy days expected this year, 27 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97233
Average low and high temperatures (°F)
46
36
49
37
57
42
64
44
70
49
76
54
82
57
83
60
76
55
63
47
52
43
49
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$588,000 – $712,000
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