15540 NE COUCH ST, Portland, OR 97230 | MLS #495697543 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of Coldwell Banker Bain- MLS# 495697543MLS ProviderContact Information: 360-931-5667

15540 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 (PORTLAND) 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
Community data courtesy of LiveBy, Inc.

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

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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
Calculations provided by Reliance Network

15540 NE COUCH ST History

Date Event Value Agent
6/2/2026Source: Regional MLS Price Increase
$500,000 2.2%
6/2/2026Source: Regional MLS Status Change
Pending
5/25/2026Source: Regional MLS Price Reduction
$489,000 -2.0%
3/28/2026Source: Regional MLS Price Reduction
$499,000 -2.0%
2/7/2026Source: Regional MLS Price Reduction
$509,000 -1.9%
11/10/2025Source: Regional MLS Added to Database
November 10, 2025