202 NE 162ND AVE, Portland, OR 97230

$579,000

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List Price
$579,000
Price Change
▼ $10,000 1784776897
Days on Market
335
MLS#
149278024
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

Spacious duplex, ideal for owner-occupants looking to live in one unit and rent the other, or for savvy investors seeking a strong income producing property. Two well-maintained units: one featuring 5 bedrooms and 2 full bathrooms & the other 2 bedrooms and 1 bathroom. Enjoy off-street parking, double car garage, huge storage shop and access to a shared outdoor big backyard perfect for residents. Updates include roof, furnace, kitchen cabinetry, flooring, and fresh interior & exterior paint, ensuring move-in-ready convenience and long-term value. This property offers excellent development potential with 0.31 acres zoned for multifamily residential use, allowing the possibility to build up to 18 apartment units per city of Gresham buyers to verify all information. Located in a high-demand area close to public transportation, schools, and major shopping centers, this is an investment that offers both immediate income and future growth. Don’t miss out on this versatile and high-potential property! Ps. Seller requests to use OREF forms.

Additional Information

Tax Amount
$4,759
Year Built
1941
High School
Reynolds
Elementary School
Wilkes
Middle School
H.B. Lee
Acres
0.31
Stories
1
Terms
Cash, Conventional, FHA
Fuel Description
Electricity
Heating Description
Forced Air
Hoa Rent Includes
Sewer, Trash Collection, Water
Exterior Description
T-111 Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Garage
Parking Description
Garage
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
5
Unit Type One Sq Ft
2442
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

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Calculator source: Real Geeks

Listing courtesy of Acquire Properties.

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