Well-maintained fourplex offering a desirable mix of three 2-bedroom, 1-bath units and one spacious 3-bedroom, 1.5-bath unit. All units feature durable LVP flooring, with select updates throughout. The lower-level units offer private backyards, while the upper-level unit enjoys its own deck. Each unit includes a dedicated storage area, plus additional owner storage for added convenience. Upside in rents. A practical and appealing investment property with a versatile unit mix and tenant-friendly features. Please do not disturb tenants. Make offer subject to interior inspection. Roof replaced 2024 and front exterior paint 2026. Laundry room has potential for income. No sign on property.
Active
$699,990
1500 SE 162nd Ave, Portland, OR 97233
9beds
3,814sqft
Multi Family
Built in 1973
-- sqft lot
$689,300 Zestimate®
$184/sqft
$-- HOA
What's special
Private backyardsDedicated storage areaDurable lvp flooring
- 3 days |
- 116 |
- 7 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Elizabeth Carpenter 503-314-6498,
LizC Real Estate Investments
Source: RMLS (OR),MLS#: 715494225
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard
Appliances
- Included: Dishwasher, Range, Refrigerator, Electric Water Heater
Features
- Windows: Window Coverings
- Basement: Crawl Space
Interior area
- Total structure area: 3,814
- Total interior livable area: 3,814 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off Street
Features
- Stories: 2
Lot
- Size: 10,454 Square Feet
- Features: Level, SqFt 10000 to 14999
Details
- Parcel number: R258716
- Zoning: R7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Rockwood Park
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $184/sqft
- Annual tax amount: $8,571
- Date on market: 8/19/2026
- Listing terms: Cash,Conventional
- Total actual rent: 5650
- Road surface type: Paved
Estimated market value
$689,300
$655,000 - $724,000
$1,830/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $699,990+92.8%$184/sqft |
Source:  RMLS (OR) #715494225 Report a problem | ||
| 8/12/2014 | Sold | $363,000+13.4%$95/sqft |
Source: RMLS (OR) #14381128 Report a problem | ||
| 6/14/2013 | Sold | $320,000$84/sqft |
Source: RMLS (OR) #13433160 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Centennial
Nearby schools
GreatSchools rating
- 5/10Lynch View Elementary SchoolGrades: K-5Distance: 0.4 mi
- 1/10Oliver MiddleGrades: 6-8Distance: 0.3 mi
- 4/10Centennial High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Patrick Lynch
- Middle: Oliver
- High: Centennial
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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