202 NE 162ND AVE new Save Request In-Person Tour Request Virtual Tour
Portland,OR 97230
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 149278024
Year Built 1941
Annual Tax Amount $4,503
Tax Year 2024
Lot Size 0.310 Acres
Property Description
Spacious duplex, ideal for owner-occupants looking to live in one unit and rent the other, or for savvy investors seeking a strong income producing property. Two well-maintained units: one featuring 5 bedrooms and 2 full bathrooms, and the other 2 bedrooms and 1 bathroom. Enjoy off-street parking, double car garage, huge storage shop and access to a shared outdoor big backyard perfect for residents. Updates include roof, furnace, kitchen cabinetry, flooring, and fresh interior & exterior paint, ensuring move-in-ready convenience and long-term value. This property offers excellent development potential with 0.31 acres zoned for multifamily residential use, allowing the possibility to build up to 18 apartment units per city of Gresham buyers to verify. Located in a high-demand area close to public transportation, schools, and major shopping centers, this is an investment that offers both immediate income and future growth. Don't miss out on this versatile and high-potential property!
Location
State OR
County Multnomah
Area _142
Zoning SC
Rooms
Basement Full Basement
Interior
Heating Forced Air
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Wilkes
Middle Schools H.B. Lee
High Schools Reynolds
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA