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Listing provided courtesy of Vitality Home RealtyMLS# 267233612MLS Provider
  • 347 days on site
  • 1 views

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.

Source: Regional MLS, MLS#: 267233612

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  • Property Type
    Land
  • Lot
    1.42 acres

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TERRY LONG

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  • Median Age
    36
  • Population Density
    5,124
  • College Educated
    29%
  • Estimated Median Income
    $52,428
  • Estimated Total Home Owners
    7,407
  • Estimated Total Renters
    5,410
  • Owner / Renter Divide
    58% / 42%
  • Estimated Average Household Size
    3
  • Total Population
    39,669
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 162nd Powell

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/2/2026Source: Regional MLS Price Reduction
$995,000 -23.2%
7/17/2025Source: Regional MLS Added to Database
July 17, 2025