Oregon
Portland
2009 Se 158TH Ave

$379,900

2009 Se 158TH Ave, Portland, OR 97233

4 beds |
2 baths |
1,228 sqft

Single-Family Home
Built in 1956
9,583sqft lot
—— car garage
$309/sqft
Listed 7 days ago

Property Description

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.

Listing Status:: Active
Date Added:: September 26, 2025 at 05:00AM
Listing Office:: Keller Williams Realty Portland Premiere : 503-597-2444
Listing Agent:: Darryl Bodle : 503-709-4632
MLS ID:: 562052530

Appliances: DishwasherMicrowaveSolid surface countertopTile
Basement: Crawl space
Heating: Forced air
Fireplace: Wood burningFireplaceFireplaces: 1
Disability Feature: Ground levelMain floor bedroom bathUtility room on main

General: Cement sidingLap sidingDeckRv parkingRv boat storageYard
Style: Stories 1Ranch
Parking: On streetParking padParking spaces: 0

Roofing: Composition
Windows: AluminumFrames
General: Concrete perimeter

Road/Access: Paved
Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: WESTENABLOCK 1LOT 14R303274
View: View

Water: Public water
Sewer: Public sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Parklane Elementary School

15811 SE Main St, Portland, OR, 97233

Grades KG-5

0.47 miles away

Oliver Middle School

15840 SE Taylor St, Portland, OR, 97233

Grades 6-8

0.49 miles away

Centennial High School

3505 SE 182nd Ave, Gresham, OR, 97030

Grades 9-12

1.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.