202 NE 162nd Ave, Portland, OR 97230

Portland
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
202 NE 162nd Ave,Portland, OR 97230
$589,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: wally tesfa
Office: acquire properties503-249-1903
MLS#:149278024
Source:PORTLAND

Price summary

  • Price:$589,000

About this home

Spacious duplex, ideal for owner-occupants looking to live in one unit and rent the other, or for savvy investors seeking a strong income producing property. Two well-maintained units: one featuring 5 bedrooms and 2 full bathrooms which was rented for $3100/month before, and the other 2 bedrooms and 1 bathroom. Enjoy off-street parking, double car garage, huge storage shop and access to a shared outdoor big backyard perfect for residents. Updates include roof, furnace, kitchen cabinetry, flooring, and fresh interior & exterior paint, ensuring move-in-ready convenience and long-term value. This property offers excellent development potential with 0.31 acres zoned for multifamily residential use, allowing the possibility to build up to 18 apartment units per city of Gresham buyers to verify all information. Located in a high-demand area close to public transportation, schools, and major shopping centers, this is an investment that offers both immediate income and future growth. Don’t...

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Home facts

  • Year built:1941
  • Listing ID #:149278024
  • Added:259 day(s) ago
  • Updated:May 14, 2026 at 11:19 AM

Rooms and interior

  • Basement Description:Full Basement

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1941
  • Lot area:0.31 Acres
  • Lot Features:Level
  • Levels:1 Story

Schools

  • High school:Reynolds
  • Middle school:H.B. Lee
  • Elementary school:Wilkes

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$589,000
  • Tax amount:$4,504 (2024)

Parking

  • Parking description:Garage
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 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 2026 RMLS, Portland, Oregon. Last updated: May 14, 2026

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