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162nd Powell, Portland, OR 97236
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$1,295,000
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Home Details for 162nd Powell
Price
$1,295,000
Type
Lots/Land
Lot Size
1.42
County
Multnomah
Tax
$13,120
MLS®️ Listing#
267233612
On exitrealty.com
127 days
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.
- Utilities
- Sewer Connected
- Water Connected
- Cooling Information
- None
- Heating Information
- None
School Information
School Information for 162nd Powell
Elementary School
Powell Butte
Middle School
Centennial
High School
Centennial
Listing Courtesy: Vitality Home Realty - 503-260-1003. Presented by: Parvaneh Kalantari
Last Updated: 2025-07-17 22:31:26
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Market statistics compiled from data from RMLS Oregon.
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EXIT REALTY BEND
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$1,295,000
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EXIT REALTY BEND
805 SW Industrial Way, Suite 4, Bend, OR 97702