162nd Powell, Portland, OR 97236
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
162nd Powell,Portland, OR 97236
$1,295,000
- 1.42 Acres
- Lots / Land
- Active
Listed by:parvaneh kalantari
Office:vitality home realty
MLS#:267233612
Source:PORTLAND
Price summary
- Price:$1,295,000
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.
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Home facts
- Listing ID #:267233612
- Added:69 day(s) ago
- Updated:September 19, 2025 at 11:19 AM
Structure and exterior
- Lot area:1.42 Acres
Schools
- High school:Centennial
- Middle school:Centennial
- Elementary school:Powell Butte
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,295,000
- Tax amount:$13,120
All 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 Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: September 19, 2025New listings near 162nd Powell
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