202 NE 162ND AVE, Portland, OR 97230

  • $599,000
  • $619,900

Overview

  • 1941
    Year Built
  • MultiFamily
    Property Type
  • 149278024
    MLS#
  • 0.31 Acres
    Land Area
  • Acquire Properties
    Office Name
  • Wally Tesfa
    Agent Name

Description

Spacious duplex, ideal for owner-occupants looking to live in one unit and rent the other, or for savvy investors seeking a strong income producing property. Two well-maintained units: one featuring 5 bedrooms and 2 full bathrooms, and the other 2 bedrooms and 1 bathroom. Enjoy off-street parking, double car garage, huge storage shop and access to a shared outdoor big backyard perfect for residents. Updates include roof, furnace, kitchen cabinetry, flooring, and fresh interior & exterior paint, ensuring move-in-ready convenience and long-term value. This property offers excellent development potential with 0.31 acres zoned for multifamily residential use, allowing the possibility to build up to 18 apartment units per city of Gresham buyers to verify all information. Located in a high-demand area close to public transportation, schools, and major shopping centers, this is an investment that offers both immediate income and future growth. Don’t miss out on this versatile and high-potential property!

Details

Updated on February 16, 2026 at 10:11 pm
  • MLS# 149278024
  • Price $599,000
  • Land Area 0.31 Acres
  • Garage Size x x
  • Year Built 1941
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Acquire Properties
  • Agent Name Wally Tesfa
  • Office Phone 503-249-1903

Additional details

  • Listing Terms Cash, Conventional, FHA
  • Roof Composition
  • Sewer Public Sewer
  • Heating Forced Air
  • County Multnomah
  • Property Type MultiFamily
  • Parking Garage
  • Elementary School Wilkes
  • Middle School H.B. Lee
  • High School Reynolds

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