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.
Active
$995,000
162nd Powell, Portland, OR 97236
--beds
0baths
1.42Acres
Unimproved Land, Multi Family
Built in ----
1.42 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Residential multi-dwellingDetached garage
- 349 days |
- 65 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Parvaneh Kalantari 503-260-1003,
Vitality Home Realty
Source: RMLS (OR),MLS#: 267233612
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1.42 Acres
- Features: Cleared, Corner Lot, On Busline, Level, Acres 1 to 3
Details
- Additional structures: Existing Structures, Garage
- Additional parcels included: R334698
- Parcel number: R334825
- Zoning: RM1
Utilities & green energy
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Annual tax amount: $13,120
- Date on market: 7/17/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2026 | Listed for sale | $995,000-23.2% |
Source:  RMLS (OR) #267233612 Report a problem | ||
| 2/4/2026 | Listing removed | $1,295,000 |
Source: RMLS (OR) #267233612 Report a problem | ||
| 1/28/2026 | Listed for sale | $1,295,000 |
Source: RMLS (OR) #267233612 Report a problem | ||
| 1/1/2026 | Listing removed | $1,295,000 |
Source: RMLS (OR) #267233612 Report a problem | ||
| 7/18/2025 | Listed for sale | $1,295,000 |
Source: RMLS (OR) #267233612 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Centennial
Nearby schools
GreatSchools rating
- 1/10Powell Butte Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Centennial Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Centennial High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Powell Butte
- Middle: Centennial
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97236
- Centennial
- 162nd Powell
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