162nd Powell, Portland, OR 97236
- $995,000
- List Price
- $995,000
- Price Change
- ▼ $300,000 1777802515
- Days on Market
- 376
- MLS#
- 267233612
- Property Type
- Land
- Lot Size
- 1 to 2.99 Acres
- Region
- Portland Southeast
- Status
- ACTIVE
Property Description
The site consists of two tax lots and is zoned RM1 (ResidentialMulti-Dwelling). Currently, the only improvements on the site is a 1927 four-bedroom/two-bathroom 2,055 SF single family home, that is currently rented for $1,995, with a detached garage. The RM1 zoning allows a 1:1 FAR, or 1:1.5 FAR with bonus provisions, which would allow for up to 61,855- 92,782 SF of residential building area. With Portland looking to eliminate SDC fees for multifamily projects in the near future, the subject property would make an ideal project in a location with solid renter demographics.
/u.realgeeks.media/findhomesinportlandmetro/CH_New_Logo.jpg){kind=logo}
Additional Information
- Tax Amount
- $13,120
- High School
- Centennial
- Elementary School
- Powell Butte
- Middle School
- Centennial
- Acres
- 1.42
- Property Type
- Multi Family
- Terms
- Cash, Conventional
- View
- Trees/Woods
- Utilities Included
- Sewer Connected, Water Connected
- Present Use
- Residential
- Road Surface
- Paved
Mortgage Calculator
Listing courtesy of Vitality Home Realty.
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.