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  • $1,295,000

    162nd Powell, Portland, OR 97236

    --beds
    0baths
    1.42Acres
    Unimproved Land, Multi Family
    Built in ----
    1.42 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Residential multi-dwellingDetached garage
    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.
    23 days
    on Zillow
    |
    74
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 17, 2025 at 11:01am

    Listed by:

    Parvaneh Kalantari 503-260-1003,

    Vitality Home Realty

    Source: RMLS (OR),MLS#: 267233612MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 1.42 Acres
    • Features: Cleared, Corner Lot, On Busline, Level, Acres 1 to 3
    Details
    • Additional structures: Existing Structures, Garage
    • Additional parcels included: R334698
    • Parcel number: R334825
    • Zoning: RM1

    Utilities & green energy

    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Portland

    Financial & listing details

    • Annual tax amount: $13,120
    • Date on market: 7/17/2025
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
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