Off market

Tax assessed value

$455,520

1268 NE 162nd Ave, Portland, OR 97230

6beds

2,080sqft

MultiFamily

Built in 2000

-- sqft lot

$-- Zestimate^®

$219/sqft

$4,206 Estimated rent

Home value

Not available

Estimated sales range

Not available

$4,206/mo

Zestimate^® history

Owner options

List your home for rent

$4,206/mo

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$4,206/mo

Rent Zestimate^®

Refinance and save

$2,820/mo

Est. payment

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$2,820/mo

Est. payment

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What's special

Owner is licensed agent in OR, showings by appt only, do not disturb tenants! Large 3 bed 1.5 bath units bring top dollar. Upstairs unit has vaulted ceilings. Both units have laundry. Tenant pays electricity. Open great room layout. Housing assistance with solid long term tenants makes this a low maintenance and easy to manage property. Do not disturb tenants! The best CAP rate on the market! 6.28 with room to improve by implementing RUBS

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Forced air

Appliances

Included: Dishwasher, Dryer, Refrigerator, Washer

Features

Dishwasher, Refrigerator, Range, Washer/Dryer
Has fireplace: Yes

Interior area

Total interior livable area: 2,080 sqft

Property

Parking

Total spaces: 2
Parking features: Carport

Features

Exterior features: Wood

Lot

Size: 10,052 sqft
Features: Level, Private, Many Trees

Details

Parcel number: R240198
Zoning: LDR7

Construction

Type & style

Home type: MultiFamily

Materials

Roof: Composition

Condition

Year built: 2000
Major remodel year: 2000

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Portland

Other

Other facts

Sewer: Public Sewer
WaterSource: Public
FoundationDetails: Concrete Perimeter
RoadSurfaceType: Paved
ExteriorFeatures: Deck, Individual Storage Units, Locked
HeatingYN: true
NumberOfUnitsTotal: 2
CurrentFinancing: Conventional, FHA, Cash
Roof: Composition
StoriesTotal: 2
NumberOfUnitsInCommunity: 2
LotFeatures: Level, Private, Many Trees
ParkingFeatures: Carport, Paved
YearBuiltEffective: 2000
Zoning: LDR7
InteriorFeatures: Dishwasher, Refrigerator, Range, Washer/Dryer
GrossScheduledIncome: 39600
CapRate: 6.43
GrossIncome: 37320
CoListAgentEmail: erin@jrprop.net
CoListAgentFullName: Erin Jameson Maher
MlsStatus: Active
OperatingExpense: 6570
Road surface type: Paved

Price history

Date	Event	Price
4/1/2022	Sold	$513,000-2.3%$247/sqft
Source: RMLS (OR) #21355310 Report a problem
2/3/2022	Pending sale	$525,000+9.7%$252/sqft
Source: RMLS (OR) #21355310 Report a problem
6/20/2020	Listing removed	$478,500$230/sqft
Source: J Residential Properties #20222828 Report a problem
3/2/2020	Price change	$478,500-2.3%$230/sqft
Source: J Residential Properties #20222828 Report a problem
1/30/2020	Price change	$490,000-1%$236/sqft
Source: J Residential Properties #20222828 Report a problem
12/31/2019	Price change	$495,000-1%$238/sqft
Source: J Residential Properties #19555792 Report a problem
12/9/2019	Price change	$500,000-2.4%$240/sqft
Source: J Residential Properties #19555792 Report a problem
12/1/2019	Listed for sale	$512,500+83.7%$246/sqft
Source: J Residential Properties #19555792 Report a problem
2/13/2018	Listing removed	$1,495$1/sqft
Source: Zillow Rental Manager Report a problem
1/30/2018	Price change	$1,495-6.3%$1/sqft
Source: Zillow Rental Manager Report a problem
1/12/2018	Price change	$1,595-5.9%$1/sqft
Source: Zillow Rental Manager Report a problem
1/5/2018	Listed for rent	$1,695$1/sqft
Source: Zillow Rental Manager Report a problem
11/29/2016	Listing removed	$1,695+47.4%$1/sqft
Source: Zillow Rental Manager Report a problem
12/26/2012	Listing removed	$1,150$1/sqft
Source: Gateway Property Management Report a problem
11/28/2012	Listed for rent	$1,150$1/sqft
Source: Gateway Property Management Report a problem
10/13/2010	Listing removed	$279,000$134/sqft
Source: FH Realty #10030100 Report a problem
9/15/2010	Price change	$279,000-6.7%$134/sqft
Source: FH Realty #10030100 Report a problem
4/16/2010	Listed for sale	$299,000+730.6%$144/sqft
Source: FH Realty #10030100 Report a problem
10/30/1998	Sold	$36,000$17/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,046 +5.7%	$262,950 +3%
2024	$4,774 +10.5%	$255,300 +3%
2023	$4,320 +2.5%	$247,870 +3%
2022	$4,214 +2.5%	$240,660 +3%
2021	$4,110 +6.9%	$233,660 +3%
2020	$3,845 +4.3%	$226,860 +3%
2019	$3,686	$220,260 +3%
2018	$3,686 +1%	$213,850 +3%
2017	$3,649 +8%	$207,630 +3%
2016	$3,378	$201,590 +3%
2015	$3,378 +3%	$195,720 +3%
2014	$3,280 +6.1%	$190,020 +3%
2013	$3,092 +8.6%	$184,490 +7.2%
2012	$2,846 -2.7%	$172,030 -4%
2011	$2,924 +1.8%	$179,120 +1.1%
2010	$2,871 +2.7%	$177,130 +3%
2009	$2,797 +1.7%	$171,980 +3%
2008	$2,749 +2.4%	$166,980 +3%
2007	$2,683 +3.5%	$162,120 +3%
2006	$2,592 +2.3%	$157,400 +3%
2005	$2,535 +2.3%	$152,820 +3%
2004	$2,478 +4%	$148,370 +3%
2003	$2,381 +2.7%	$144,050 +3%
2002	$2,318 +49.9%	$139,860 +45.1%
2000	$1,546	$96,400