162nd Powell
Portland, OR 97236
Map
- – beds
- – baths
- – sqft
- ~1 acre lot
- – on site
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.
Last checked:
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Last updated Jul 18, 2025
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MLS# 267233612 —
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
Location
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Directions:162nd & Powell
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Latitude:45.499691
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Longitude:-122.496879
The Property
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Parcel Number:R334825
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Parcel Number 2:R334698
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Property Type:Land
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Property Subtype:MultiFamily
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Land Description:Level
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Lot Features:Cleared, CornerLot, OnBusline
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Lot Size Range:Acres1to3
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Lot Size Acres:1.42
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Lot Size SqFt:61855.0
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Zoning:RM1
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Current Use:Residential
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View:true
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View Description:TreesWoods
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Existing Structures:true
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 260-1003
- Office phone:
- (503) 260-1003
Taxes
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Tax Legal Description:Land
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Tax Annual Amount:13120.0
Heating & Cooling
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Heating:false
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Cooling:false
Utilities
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Utilities:SewerConnected,WaterConnected
Schools
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Elementary School:Powell Butte
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Middle Or Junior School:Centennial
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High School:Centennial
Parking
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Attached Garage:false
Extra Units
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Other Structures:Garage,Residence
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/17/25
Jul 17, 2025
|
Listed / Active | RMLS | $1,295,000 |
