162nd Powell, Portland, OR 97236

Portland
Local realty services provided by:ERA Freeman & Associates, Realtors
162nd Powell,Portland, OR 97236
$995,000
  • 1.42 Acres
  • Lots / Land
  • Active
Listed by: parvaneh kalantari
Office: vitality home realty503-260-1003
MLS#:267233612
Source:PORTLAND

Price summary

  • Price:$995,000

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:267233612
  • Added:341 day(s) ago
  • Updated:June 24, 2026 at 11:19 AM

Structure and exterior

  • Lot area:1.42 Acres
  • Lot Features:Cleared, Corner Lot, On Busline

Schools

  • High school:Centennial
  • Middle school:Centennial
  • Elementary school:Powell Butte

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$995,000
  • Tax amount:$13,120
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 ERA Freeman & Associates, Realtors 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: June 24, 2026

New listings near 162nd Powell