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.
Active
$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
- 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#: 267233612

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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