162nd Powell , Portland, OR 97236
- $995,000
- $1,295,000
Overview
- Land, MultiFamily
- 267233612
- 1.42 Acres
- Vitality Home Realty
- Parvaneh Kalantari
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.
Details
Updated on May 3, 2026 at 4:48 am-
MLS# 267233612
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Price $995,000
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Land Area 1.42 Acres
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Garage Size x x
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Property Type Land, MultiFamily
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Property Status Active
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Office Name Vitality Home Realty
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Agent Name Parvaneh Kalantari
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Office Phone 503-260-1003
Additional details
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Listing Terms Cash, Conventional
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Utilities Sewer Connected, Water Connected
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County Multnomah
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Property Type Land
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Elementary School Powell Butte
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Middle School Centennial
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High School Centennial
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Contact Information
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