1633 SE 162ND AVE Portland, OR $ 485,000
1633 SE 162ND AVE
$ 485,000
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1633 SE 162ND AVE

Portland, OR, 97233
$ 485,000
Bedrooms4 Baths2.0 Sq 1,736

Monthly Estimate*

$ 2,986

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Multi-Family Home for sale in Portland, OR

for $485,000 with 4 bedrooms and 2 full baths. This 1,736 square foot home was built in 1998 on a lot size of 0.15.

Excellent investment opportunity or ideal owner-occupied duplex! Each unit offers 2 bedrooms and 1 bathroom with functional, comfortable layouts designed for easy everyday living. Recent improvements include a newer roof, air conditioning, and low-maintenance turf in the private fenced backyards. Tucked away at the end of a quiet cul-de-sac, this property offers both privacy and convenience. Great potential for rental income, multigenerational living, or living in one unit while offsetting your mortgage with the other. Well maintained and move-in ready as-is, with opportunity to add your own cosmetic touches and value over time. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10248057]

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Multi-Family Active

Price

$ 485,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,283

Style

Lot Size

0.15

Year Built

1998

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

761795812

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Zoning R3
Garage Spaces 2.0
Security Features SecurityLights
Year Built 1998
Stories Count 1
Tax Year 2025
Parcel Number R275753
Gross Income 15600.0
County Multnomah
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions cul-de-sac off 162nd between Clay and Mill St.
High School Centennial
City Portland
Disclosures Disclosure
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 6534.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Parklane
Tax Annual Amount 6283.9
Middle/Junior High School Centennial
Property Condition Existing
Virtual Tour https://media.cbhomephotography.com/sites/rdvjkynd/unbranded
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description STEPHANIE'S HIGHLAND LOT 8 INC UND INT TRACT A
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Interior
Basement CrawlSpace
Hot Water Gas
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway GarageDoorOpener
Lot Features Cul_de_sac Level
Water Source PublicWater
Total Parking 4.0
Exterior Description VinylSiding
Foundation Details ConcretePerimeter
Building Area Total 1736.0
Lot Dimensions 6329 SF
Lot Size Acres 0.15
Road Surface Type Paved
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Internal Only
Street Number 1 1633
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* Excluded Features
List By
Berkshire Hathaway Homeservices Nw Real Estate

Broker

503-668-8050

Contact

Affordability Calculator

$3,510
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,986
Monthly Property Taxes
$524
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1950501 Elementary School
1949169 Middle School
Centennial High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$485,000 Listed Price

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1633 SE 162ND AVE, Portland, OR, 97233 is a Multi-Family Home for sale at $485,000 with 1,736 sqft and a lot size of 0.15. 1633 SE 162ND AVE has 4 bedrooms, 2.0 baths, and was built in 1998. The property's zip code is 97233 which is in Portland, OR