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162nd Powell Portland, OR $ 1,295,000
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$ 1,295,000 Get more info
162nd Powell
$ 1,295,000
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162nd Powell

Portland, OR, 97236
$ 1,295,000
Baths0.0

Monthly Estimate*

$ 8,079

162nd Powell, Portland, OR 97236 - Image 1
Studio

Lots and Land for sale in Portland, OR

for $1,295,000. The lot size is 1.42.

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.

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Lots and Land Active

Price

$ 1,295,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 13,120

Style

MultiFamily

Lot Size

1.42

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

267233612
Features
General
Utilities SewerConnected WaterConnected
Zoning RM1
Property Subtype MultiFamily
Current Use Residential
Parcel Number R334825
County Multnomah
Property Type Land
HOA N
Other Structures Garage Residence
Status Active
Directions 162nd & Powell
High School Centennial
City Portland
Disclosures Exempt
MLS Area _143
Lot Size Square Feet 61855.0
Listing Terms Cash Conventional
Elementary School Powell Butte
Tax Annual Amount 13120.0
Middle/Junior High School Centennial
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description Land
ADU False
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Exterior
Lot Features Cleared CornerLot OnBusline
Lot Size Acres 1.42
Road Surface Type Paved
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* Excluded Features
List By
Vitality Home Realty

Broker

parvaneh@vitalityhomerealty.com

Email

Affordability Calculator

$9,172
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,079
Monthly Property Taxes
$1,093
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2406364 Elementary School
1949169 Middle School
Centennial High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/18/2025$1,295,000 Listed Price

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162nd Powell, Portland, OR, 97236 is a Lots and Land for sale at $1,295,000 with a lot size of 1.42. 162nd Powell is a studio with 0.0 baths. The property's zip code is 97236 which is in Portland, OR

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