Immerse yourself in the timeless elegance of this meticulously designed 2-year-old 4-plex. Each unit is a testament to fine craftsmanship and thoughtful architecture, ensuring both aesthetic appeal and lasting quality. With a solid 6.3% cap rate, this property promises not only a beautiful living space but also a lucrative investment opportunity. Watch your investment grow with every passing year. Conveniently located just 2 blocks from the light rail station and a mere 3 blocks from Trimet, commuting has never been easier. Enjoy the benefits of urban living while relishing the tranquility of a residential neighborhood. Every unit comes with its own garage, providing added convenience and security for tenants while enhancing the property's value. Take advantage of the 30-year fixed-rate loan at an attractive rate of 6 7/8%. Secure your investment with peace of mind and financial stability.
Sold
$1,095,000
167 NE 162nd Ave, Portland, OR 97230
12beds
5,000sqft
Multi Family
Built in 2022
-- sqft lot
$1,094,100 Zestimate®
$219/sqft
$1,721 Estimated rent
Home value
$1,094,100
$1.03M - $1.17M
$1,721/mo
Zestimate® history
Owner options
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$1,721/mo
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$1,721/mo
Rent Zestimate®
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$5,505/mo
Est. payment
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$5,505/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
John Mahaffy accounting@gtrealty.com,
Georgetown Realty Inc.
Bought with:
Sammi Chen, 201209317
MORE Realty
Source: RMLS (OR),MLS#: 24266907
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 13
- Full bathrooms: 7
- Partial bathrooms: 6
Heating
- Forced Air
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 5,000
- Total interior livable area: 5,000 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage
- Garage spaces: 4
Features
- Stories: 3
Lot
- Size: 6,969 Square Feet
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: R217902
- Zoning: SC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: All Landscaping
Location
- Region: Portland
Financial & listing details
- Price per square foot: $219/sqft
- Annual tax amount: $974
- Date on market: 3/7/2024
- Cumulative days on market: 131 days
- Listing terms: Cash,Conventional
- Total actual rent: 9307
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2024 | Sold | $1,095,000-12.4%$219/sqft |
Source:  RMLS (OR) #24266907 Report a problem | ||
| 7/16/2024 | Pending sale | $1,250,000$250/sqft |
Source: RMLS (OR) #24266907 Report a problem | ||
| 6/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/14/2024 | Price change | $2,195-4.4% |
Source: Zillow Rentals Report a problem | ||
| 4/11/2024 | Listed for rent | $2,295 |
Source: Zillow Rentals Report a problem | ||
| 3/23/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/19/2024 | Listed for rent | $2,295 |
Source: Zillow Rentals Report a problem | ||
| 3/7/2024 | Listed for sale | $1,250,000$250/sqft |
Source: RMLS (OR) #24266907 Report a problem | ||
| 10/18/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/7/2022 | Price change | $2,295-4.2% |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/30/2022 | Price change | $2,395-4% |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/30/2022 | Listed for rent | $2,495+13.7% |
Source: Zillow Rental Network Premium Report a problem | ||
| 1/22/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 12/4/2021 | Listed for rent | $2,195 |
Source: Zillow Rental Network Premium Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97230
Nearby homes
- $394,0003 bd2 ba1.2k sqft169 NE 162nd Ave, Portland, OR 97230Off Market
- $178,000-- bd-- ba-- sqftNE 162nd Ave, Portland, OR 97230Off Market
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- $--3 bd1 ba1.1k sqft203 NE 162nd Ave #203, Portland, OR 97230Off Market
- $--6,969 Square Feet201 NE 162nd Ave, Portland, OR 97230Off Market
- $589,0007 bd3 ba3.3k sqft202 NE 162nd Ave, Portland, OR 97230For Sale
- $255,0002 bd2 ba1k sqft129 NE 162nd Ave, Portland, OR 97230Sold
- $461,1004 bd1 ba1.5k sqft138 NE 162nd Ave, Portland, OR 97230Off Market
Nearby schools
GreatSchools rating
- 5/10Glenfair Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10Hauton B Lee Middle SchoolGrades: 6-8Distance: 0.7 mi
- 1/10Reynolds High SchoolGrades: 9-12Distance: 4.5 mi
Schools provided by the listing agent
- Elementary: Wilkes
- Middle: H.B. Lee
- High: Reynolds
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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Estimated market value
$1,094,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,094,100
- Oregon
- Multnomah County
- Gresham
- 97230
- 167 NE 162nd Ave
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