162nd Powell, Portland, OR 97236
Local realty services provided by:CENTURY 21 Agate Realty
162nd Powell,Portland, OR 97236
$995,000
- 1.42 Acres
- Lots / Land
- Active
Listed by: parvaneh kalantari
Office: vitality home realty503-260-1003
MLS#:267233612
Source:PORTLAND
Price summary
- Price:$995,000
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:350 day(s) ago
- Updated:July 03, 2026 at 12:35 PM
Structure and exterior
- Lot area:1.42 Acres
- Lot Features:Cleared, Corner Lot, On Busline
Schools
- High school:Centennial
- Middle school:Centennial
- Elementary school:Powell Butte
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$995,000
- Tax amount:$13,120
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