162nd Powell, Portland, OR 97236

Land
Built in ——
1.42acre lot
—— car garage
$——/sqft
Listed 1 day ago

Property Description

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.

Listing Status:: Active
Date Added:: July 17, 2025 at 05:00AM
Listing Office:: Vitality Home Realty : 503-260-1003
Listing Agent:: Parvaneh Kalantari : 503-260-1003
MLS ID:: 267233612

General: GarageResidence

This listing courtesy of Parvaneh Kalantari, Vitality Home Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Powell Butte Elementary School

3615 SE 174th Ave, Portland, OR, 97236

Grades KG-5

0.59 miles away

Centennial Middle School

17650 SE Brooklyn St, Portland, OR, 97236

Grades 6-8

0.86 miles away

Centennial High School

3505 SE 182nd Ave, Gresham, OR, 97030

Grades 9-12

0.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.