Shawn Realty 503-515-4499
3 bd • 2 ba • 2,224 sq ft
1516 SE 43RD AVE, Portland, OR 97215
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- Bedrooms
- 3
- Total Baths
- 2
- Building Area
- 2,224 sq ft
- Price/Sq Ft
- $238/sq ft
- Year Built
- 1902
- County
- Multnomah
- Annual Tax
- $6,961 (2025)
- HOA
- None
- Days on Market
- 94 days
- Open House
- None scheduled
Monthly payment
$3,899 per month
- Principal & interest$3,208
- Property taxes$580
- HOA dues$0
- Home insurance$110
- Utilities$0
10% down · 30-year fixed · 7.11% rate · 7.211% APR (est.)
Rate: Freddie Mac weekly average, as of 11/12/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.11% (7.211% APR, estimated). Rate: Freddie Mac weekly average, as of 11/12/2026.
- Down payment: 10% ($52,990) on $529,900; loan $476,910
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $580/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA in RMLS)
- Home insurance: $110/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
Exceptional CM2 Commercial Opportunity with Full Basement & Endless Potential – 1516 SE 43rd AveDiscover the possibilities at 1516 SE 43rd Ave, a unique commercial opportunity offering CM2 zoning, a full basement, and tremendous flexibility for an owner-user, investor, or entrepreneur.The standout feature is the full basement, providing an abundance of additional space with endless possibilities. Imagine expanded workspace, storage, offices, creative studio space, or a customized business environment—all subject to applicable zoning and permitting requirements.With CM2 zoning, this property offers the potential for a variety of commercial uses and the flexibility to bring your business vision to life. The property’s location, usable footprint, and additional basement space create an exciting combination of functionality and future potential.Whether you’re searching for a place to establish your business, expand your operations, invest for the future, or create a distinctive commercial destination, this property deserves a closer look.Opportunities like this are hard to find—bring your vision and unlock the full potential of 1516 SE 43rd Ave.
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Single Family Residence |
| Bedrooms | 3 |
| Total Baths | 2 |
| Full Baths | 2 |
| Partial Baths | 0 |
| Building Area (sq ft) | 2224 |
| Main Level (sq ft) | 832 |
| Upper Level (sq ft) | 600 |
| Lower Level (sq ft) | 792 |
| Lot Size (acres) | 0.04 |
| Lot Size (sq ft) | 1742 |
| Year Built | 1902 |
| Garage Spaces | 0 |
| County | Multnomah |
| Elementary School | Glencoe |
| Middle School | Mt Tabor |
| High School | Franklin |
| Heating | Forced Air |
| Appliances | Disposal, Free-Standing Range, Free Standing Refrigerator |
| Interior Features | High Ceilings, Laundry, Washer/Dryer, Wood Floors |
| Exterior Features | Deck, Fenced |
| Basement | Full Basement |
| Style | Traditional |
| View | No |
| Lot Features | Level |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $6,961 |
| Tax Year | 2025 |
| Original List Price | $599,900 |
| RMLS # | 740502582 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Donald Clemons • JMG - Jason Mitchell Group
Listing updated: Nov 10, 2026 at 11:09am
Source: RMLS #740502582
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/15/2026 08:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty