2009 SE 158TH AVE, Portland, OR 97233

$369,900
4
BD
2
BA
1,228
SqFt

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Sold Price
$369,900
List Price
$369,900
Closing Date
Dec 30, 2025
Days on Market
95
Status
SOLD
MLS#
562052530
Bedrooms
4
Bathrooms
2
Living Area
1,228
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Southeast

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.

Additional Information

Tax Amount
$4,102
Year Built
1956
High School
Centennial
Elementary School
Parklane
Middle School
Oliver
Fireplaces Total
1
Acres
0.22
Living Area
1,228
Stories
1
Subdivision
CENTENNIAL
Property Type
Single Family Residence
Terms
Cash, Conventional
Accessibility Features
Ground Level, Main Floor Bedroom w/Bath, Utility Room On Main
Master Bedroom Level
Main
Fireplace Description
Wood Burning
Fuel Description
Electricity, Gas
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Cement Siding, Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
1 Story, Ranch
View
Trees/Woods
Parking
On Street, Parking Pad
Short Sale
Yes
Parking Description
On Street, Parking Pad
Road Surface
Paved
Exterior Features
Deck, RV Parking, RV/Boat Storage, Yard
Kitchen Appliances
Dishwasher, Microwave, Solid Surface Countertop, Tile

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Listing courtesy of Keller Williams Realty Portland Premiere. Selling Office: Keller Williams PDX Central.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.