Listing provided courtesy of Coldwell Banker Bain- MLS# 495697543
Contact Information: 360-931-5667
Contact Information: 360-931-5667Images
Request Info15540 NE COUCH STPortland, OR 97230
Multi-Family · 1,848 Sq. ft. | 0.18 Acres$500,000
Pending
15540 NE COUCH ST Overview
- Time on Site:
- 231 days
- Visits:
- 9
Due to tenants schedule. only allowed showing 5/31/ at 3:30pm. Great Investment Opportunity ' Duplex Near Glenfair Park!Well-maintained duplex featuring one 3-bedroom, 2-bath unit and one 2-bedroom, 1.5-bath unit ' both with fireplaces, washer/dryer hookups, and attached 1-car garages plus additional off-street parking. roof only 4 years old. The property has a south-facing yard and sits in a desirable location near Glenfair Park.Each unit offers upgraded interiors and long-term tenants in place, providing immediate rental income. Current rents are $1,600(unit 15540,lease end 12/31/26)and $1,525(unit 15542 month to month) per month..Buyer to obtain and honor existing one-year leases.Don't miss this solid, income-producing property ' a great addition to your investment portfolio! Fully ocupied.Use aligned Showings.48 hrs notice.
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15540 NE COUCH ST Facts & Features
- Type Multi-Family
- Sq. ft. 1,848
- Price/Sq.ft. $271
- Lot 0.18 Acres
Details
General
School Information
- Elementary School: Glenfair
- Middle Or Junior School: H.B. Lee
- High School: Reynolds
Income/Expenses
- Gross Income: 38340.0
- Gross Scheduled Income: 39000.0
- Net Operating Income: 31250.0
- Operating Expense: 5207.0
Building Information
- Year Built: 1970
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 143 - Portland Southeast
- Subdivision Name: GLENFAIR
Rent/Lease Information
- Rent Includes: Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 5485.0
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Call Listing Agent,Cash,Conventional,FHA,VA Loan
- Parcel Number: R158295
- Property Condition: Existing
- Property Type: Multi Family
- Zoning: RM1
Interior
Parking Information
- Garage Spaces: 2.0
Building Interior
- Building Area Total: 1848.0
General Information
- Basement: None
- Cooling: Other
- Foundation Details: Other
- Heating: Hot Water,Wall Heater
- Security Features: Unknown
- Stories: 1
Exterior
Parking Information
- Parking Features: Attached,Driveway
- Parking Total: 2.0
Lot Information
- Lot Features: Level,Trees
- Lot Size Acres: 0.18
- Lot Size Square Feet: 7840.0
- Road Surface Type: Concrete,Gravel
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 2
- Sewer: Public Sewer
15540 NE COUCH ST Neighborhood
Community
97230 (Gresham) Demographics
40
Median Age
2,095
Population Density (per sq. mile)
35%
College Educated
$58,276
Estimated Median Income
9,552
Estimated Total Home Owners
5,774
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.15540 NE COUCH ST Monthly Cost
15540 NE COUCH ST Market Data
Based on the last 30 days in this zip code
$441,610
Average List Price
$261
Average Price per Square Foot
39
Properties Sold
92
Average Days on Market
171
Properties for Sale
15540 NE COUCH ST History
| Date | Value | Agent |
|---|---|---|
| 6/2/2026Source: Regional MLS | $500,000 2.2% |
|
| 6/2/2026Source: Regional MLS | Pending |
|
| 5/25/2026Source: Regional MLS | $489,000 -2.0% |
|
| 3/28/2026Source: Regional MLS | $499,000 -2.0% |
|
| 2/7/2026Source: Regional MLS | $509,000 -1.9% |
|
| 11/10/2025Source: Regional MLS | November 10, 2025 |