162nd Powell, Portland, OR 97236

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
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:153 day(s) ago
  • Updated:December 17, 2025 at 03:04 PM

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
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