1500 SE 162nd Ave, Portland, OR 97233

Portland
Local realty services provided by:Knipe Realty ERA Powered
1500 SE 162nd Ave,Portland, OR 97233
$699,990
  • - Beds
  • - Baths
  • 3,814 sq. ft.
  • Multi-family
  • Active
Listed by: elizabeth carpenter
Office: lizc real estate investments503-314-6498
MLS#:715494225
Source:PORTLAND

Price summary

  • Price:$699,990
  • Price per sq. ft.:$183.53

About this home

Well-maintained fourplex offering a desirable mix of three 2-bedroom, 1-bath units and one spacious 3-bedroom, 1.5-bath unit. All units feature durable LVP flooring, with select updates throughout. The lower-level units offer private backyards, while the upper-level unit enjoys its own deck. Each unit includes a dedicated storage area, plus additional owner storage for added convenience. Upside in rents. A practical and appealing investment property with a versatile unit mix and tenant-friendly features. Please do not disturb tenants.  Make offer subject to interior inspection.  Roof replaced 2024 and front exterior paint 2026.  Laundry room has potential for income. No sign on property.

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Home facts

  • Year built:1973
  • Subdivision & Development:Rockwood Park
  • Listing ID #:715494225
  • Added:5 day(s) ago
  • Updated:August 25, 2026 at 11:33 AM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:3,814 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1973
  • Building area:3,814 sq. ft.
  • Lot area:0.24 Acres
  • Lot Features:Level
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Centennial
  • Middle school:Oliver
  • Elementary school:Patrick Lynch

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$699,990
  • Price per sq. ft.:$183.53
  • Tax amount:$8,571 (2025)

Parking

  • Total parking spaces:8
  • Parking description:Off Street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: August 25, 2026

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