202 NE 162nd Ave

Portland, OR 97230

$619,900
Price
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a view of a house with a yard
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a view of an empty room and wooden floor
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a kitchen with a sink and cabinets
a kitchen with a sink window and cabinets
a view of an empty room with a window
a view of an empty room with wooden floor
a view of empty room
a view of an empty room
a view of entryway with wooden floor
a view of an empty room with wooden floor
a view of an empty room
a view of an empty room
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a view of an empty room
a view of a garage
a view of an empty room
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a view of a house with backyard and sitting area
a view of a house with a yard
a view of a house with a backyard

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, and 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...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, and 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!

Property Details for 202 Northeast 162nd Avenue

Parking Features
Garage
Zoning
SC
LISTING UPDATED: 12/04/2025 10:10 AM

Property Details for 202 Northeast 162nd Avenue

StatusActive
MLS #149278024
Days on Market107
Taxes$4,504 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1941
Lot Size0.31 AC / 13,503 SF
CountyMultnomah County

Location

Listing Courtesy of Acquire Properties
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Building Information for 202 Northeast 162nd Avenue

Stories1Residences2Year Built1941Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$3,438 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,063

Property Taxes

$375

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 202 Northeast 162nd Avenue

Summary
Location and General Information
  • Country: US
  • Directions: From Burnside North on 162nd to Property!
  • Road Surface: Paved
School Information
  • Elementary School: Wilkes
  • High School: Reynolds
  • Middle Or Junior School: H.B. Lee
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $4,503.60
  • Parcel Number: R113321
  • Tax Legal Description: BEAVER AC, S 90' OF W 195' OF LOT 25 EXC PT IN ST
Property
Lot Information
  • Acres: 0.31
  • Lot Description: Level
  • Lot Size Square Feet: 13503.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1941
Utilities
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Full Basement
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $52,152.00
  • Gross Income Projected: $69,192.00
  • Gross Rent Multiplier: $11.89
  • Net Income Actual: $43,855.00
  • Net Income Projected: 60646
  • Operating Expenses Projected: $8,546.00
  • Operating Expense: $8,297.00
  • Storage: Attached
  • Unit Type Type: Unit Type Type1, Unit Type Type2
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 2.00
  • Unit Type 1 Beds Total: 5
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $0
  • Unit Type 1 SqFt: 2442.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator
  • Unit Type 2 Rent: $1,645
  • Unit Type 2 SqFt: 900.0
  • Unit Type 2 Units Total: 1

Property History for 202 Northeast 162nd Avenue

DateEvent & SourcePriceAppreciation
Apr 29, 2013

Sold (Public Record)

Public Record #351778873

$128,331—
DateEvent & SourcePrice
04/29/2013

Sold (Public Record)

Public Record #351778873

$128,331

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 202 Northeast 162nd Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$4,504 ($375 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt3,062 SqFtAbove Grade Finished SqFt2,432 SqFtFinished Basement SqFt630 SqFtUnfinished Basement SqFt1,112 SqFtStories1Lot Size13,500 SqFtStyleSingle Family ResidenceYear Built1941ZoningSCCountyMULTNOMAHAPN1N3E31CB 11400

Schools near 202 Northeast 162nd Avenue

This home is within Reynolds School District 7.
Rating
School
Type
Grades
Distance
Wilkes Elementary School
Public - K to 5
Hauton B Lee Middle School
Public - 6 to 8
Reynolds High School
Public - 9 to 12
Holla School
Charter - K to 2
Rating
School
Distance
Wilkes Elementary School
PublicK to 5

Hauton B Lee Middle School
Public6 to 8

Reynolds High School
Public9 to 12

Holla School
CharterK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 202 Northeast 162nd Avenue, Portland, OR 97230

202 Northeast 162nd Avenue is a multi-family home for sale in Portland, OR 97230. This property was listed for sale on August 27, 2025 by Acquire Properties, it's currently listed at $619,900. It has been on the market for a total of 107 days and was last sold on April 29, 2013. This listing's school district is Reynolds School District 7. Nearby schools include Wilkes Elementary School, Hauton B Lee Middle School and Reynolds High School. 202 Northeast 162nd Avenue is a 0-bed, 0-bath, multi-family home built in 1941.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Acquire Properties

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 12/04/2025 10:10 AM