$1,295,000

0 162nd Powell Unit 267233612 Portland, OR 97236

Centennial Neighborhood

Estimated payment $7,992/month

Total Views 510
1.42 Acres
$911,972 Price per Acre
61,855 Sq Ft Lot

Highlights

  • View of Trees or Woods
  • Corner Lot
  • Property is near a bus stop
  • 1.42 Acre Lot
  • No HOA
  • Garage

About This Lot

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.

Listing Agent

Parvaneh Kalantari

Vitality Home Realty License #200306181 Listed on: 07/17/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,120

Lot Details

  • 1.42 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned RM1

Parking

  • Garage

Schools

  • Powell Butte Elementary School
  • Centennial Middle School
  • Centennial High School

Additional Features

  • Views of Woods
  • Residence on Property
  • Property is near a bus stop

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R334825

Property Details

Property Type

Land

Est. Annual Taxes

$13,120

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: MultiFamily
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: Acres1to3

Exterior Features

  • Lot Size: 1 to 2.99 Acres
  • View: Yes
  • Lot Features: Cleared, CornerLot, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Other Structures: Garage, Residence
  • View: TreesWoods

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: SewerConnected, WaterConnected
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Powell Butte
  • High School: Centennial
  • Middle Or Junior School: Centennial

Lot Info

  • Zoning: RM1
  • Present Use: Residential
  • Land Description: Level
  • Land Lease: No
  • Lot Size Acres: 1.42
  • Lot Size Sq Ft: 61855.0
  • Parcel #: R334825
  • Assessor Parcel Number 2: R334698

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 13120.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $1,295,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 267233612

Regional Multiple Listing Service (RMLS)