2262 Northeast 162nd Avenue

Portland, OR 97230

$665,000
Price
Beds
2,296 Sq. Ft.
$290 / Sq. Ft.
2,296
Sq. Ft.
$290
per Sq. Ft.

Description

Option for Seller Carryback at 5% APR! Opportunity awaits with this ready-to-go investment property, featuring a strong rental history! Quiet, hard-to-find, one-level units featuring three bedrooms with large primary bedrooms and walk-in closets, and two bathrooms, each with private fenced yards and patios. Attached garages provide privacy, extra storage, and washer/dryer hookups. Each unit also features a gas fireplace and central air for added comfort. This property has been well-maintained and...Option for Seller Carryback at 5% APR! Opportunity awaits with this ready-to-go investment property, featuring a strong rental history! Quiet, hard-to-find, one-level units featuring three bedrooms with large primary bedrooms and walk-in closets, and two bathrooms, each with private fenced yards and patios. Attached garages provide privacy, extra storage, and washer/dryer hookups. Each unit also features a gas fireplace and central air for added comfort. This property has been well-maintained and beautifully landscaped. Located at the end of a private driveway, it is conveniently situated close to a bus stop with easy access to the freeway.
  1. Listed by Andrea Hand • Real Broker

Property Details for 2262 Northeast 162nd Avenue

Parking Features
Attached, Driveway
Zoning
LDR-7
Garage Spaces
2.00
Parking Total
2.00

Location

Listing Courtesy of Real Broker
Add your commute
LISTING UPDATED: 06/10/2024 09:48 AM

Property Details for 2262 Northeast 162nd Avenue

StatusActive
MLS #24019780
Days on Market24
Taxes$6,406 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2000
Lot Size0.21 AC / 9,147 SF
CountyMultnomah County

Location

Listing Courtesy of Real Broker
Add your commute

Building Information for 2262 Northeast 162nd Avenue

Stories1Residences2Year Built2000Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$4,163 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,629

Property Taxes

$534

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2262 Northeast 162nd Avenue

Summary
Location and General Information
  • Country: US
  • Directions: NE 162nd and Halsey (private drive)
  • Road Surface: Paved
School Information
  • Elementary School: Wilkes
  • High School: Reynolds
  • Middle Or Junior School: Jason Lee
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $6,405.59
  • Parcel Number: R271780
  • Tax Legal Description: SNELL MEADOWS, LOT 3
Property
Lot Information
  • Acres: 0.21
  • Lot Description: Private, Private Road
  • Lot Size Square Feet: 9147.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 2000
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Slab
  • Stories: 1
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $53,100.00
  • Gross Rent Multiplier: $12.52
  • Investor Information: According To Owner, Leases, Profit Loss Statement
  • Net Income Actual: $50,100.00
  • Operating Expense: $6,406.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2296
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Air Conditioning, Disposal, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $2,500
  • Unit Type 1 SqFt: 1148.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Air Conditioning, Disposal, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $1,925
  • Unit Type 2 SqFt: 1148.0
  • Unit Type 2 Units Total: 1

Schools near 2262 Northeast 162nd Avenue

This home is within Reynolds School District 7.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Wilkes Elementary School
PublicK to 5

Hauton B Lee Middle School
Public6 to 8

Reynolds High School
Public9 to 12

Four Corners School
PublicK to 12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2262 Northeast 162nd Avenue is a multi-family home for sale in Portland, OR 97230. This property was listed for sale on May 23, 2024 by Real Broker, it's currently listed at $665,000. 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. 2262 Northeast 162nd Avenue is a 0-bed, 0-bath, 2,296 sqft multi-family home built in 2000.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker

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 © 2024 RMLS, Portland, Oregon. Last updated: 06/10/2024 09:48 AM