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Listing provided courtesy of Windermere Realty Trust- MLS# 24548612MLS ProviderContact Information: [email protected]

NE 162nd AVEPortland, OR 97230

Vacant Land · 0.52 Acres
$320,000 Active

NE 162nd AVE Overview

Time on Site:
784 days
Visits:
4

Attention all investors and developers! This well-proportioned lot is nestled away from road noise on a flag lot, while being well located to amenities and public transportation. The lot is level and clear of trees. SC zoning has many permitted uses to include multifamily. See attached photo of 16-unit townhouse concept with a concept rendering, though cottage clusters or a bigger building might also do well on this property. Primary lot is 125' x 156'. Driveway/flagpole is 25' wide x 129'.

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NE 162nd AVE Facts & Features

  • Type Vacant Land
  • Lot 0.52 Acres

Details

General

School Information

  • Elementary School: Other
  • Middle Or Junior School: H.B. Lee
  • High School: Reynolds

Business Information

  • Current Use: RawLand

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 144 - Gresham, Sandy, Troutdale, Corbett
  • Subdivision Name: ROCKWOOD

Tax Information

  • Tax Annual Amount: 0
  • Tax Year: 2023

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R217903
  • Property Sub Type: Mixed Use
  • Property Type: Land
  • Zoning: SC

Interior

Exterior

Lot Information

  • Lot Features: Flag Lot
  • Lot Size Acres: 0.52
  • Lot Size Square Feet: 22651.0
  • Road Surface Type: Paved

General Information

  • Utilities: ElectricityAvailable,PublicSewer,WaterAvailable

NE 162nd AVE Neighborhood

Community

97230 (Portland) Demographics

40
Median Age
2,095
Population Density (per sq. mile)
35%
College Educated
$58,276
Estimated Median Income
9,552
Estimated Total Home Owners
5,774
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

NE 162nd AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

NE 162nd AVE Market Data

Based on the last 30 days in this zip code

$441,610
Average List Price
$261
Average Price per Square Foot
39
Properties Sold
92
Average Days on Market
171
Properties for Sale
Calculations provided by Reliance Network

NE 162nd AVE History

Date Event Value Agent
7/23/2024Source: Regional MLS Price Reduction
$320,000 -8.6%
6/14/2024Source: Regional MLS Price Reduction
$350,000 -7.9%
5/6/2024Source: Regional MLS Added to Database
May 06, 2024