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NE 162nd Ave, Portland, OR 97230 — photograph 1

Photograph 1 of 15

NE 162nd Ave, Portland, OR 97230 — photograph 1
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0.52 Acres

NE 162nd Ave, Portland

$320,000

ActiveMLS®: 24548612Listing held by another brokerage, marked RMLS
Lot size
22,651 sqft
Property type
Land
Days on market
919

Overview

Attention all investors and developers! This well-proportioned lot is nestled away from road noise on a flag lot, while being well located to amenities and public transportation. The lot is level and clear of trees. SC zoning has many permitted uses to include multifamily. See attached photo of 16-unit townhouse concept with a concept rendering, though cottage clusters or a bigger building might also do well on this property. Primary lot is 125' x 156'. Driveway/flagpole is 25' wide x 129'.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
22,651 sqft
Lot features
Flag Lot
View
No

Schools

High school
Reynolds
Middle school
H.B. Lee
Elementary school
Other

Location

City
Portland
County
Multnomah
Zoning
SC
Subdivision
ROCKWOOD

Location

NE 162nd Ave, Portland, OR 97230

Map showing the location of NE 162nd Ave, Portland, OR 97230
© Mapbox © OpenStreetMap

Monthly payment estimate

$1,943 /mo

20% · $64,000
7.00%
Principal and interest
$1,703
Property tax (estimated)
$240
Total
$1,943

Estimate only, and not an offer of credit. Assumes 20% down ($64,000) and a 30-year fixed rate at 7.00%. Property tax is estimated at 0.90% of the purchase price, because this listing carries no assessed figure; Oregon assesses on a capped assessed value rather than the sale price, so the real bill will differ. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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