Property Description
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.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Vitality Home Realty
Agency Phone: 503-260-1003
Shown By
Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate
Estimate Your Payment
Estimated Payment
$ 6,414.80 per month $5,031.26 Principal & Interest $1,093.33 Property Tax $290.21 Homeowner's InsuranceChange Payment Information
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162nd Powell | MLS# 267233612
This land located at 162nd Powell, Portland, OR 97236 is currently listed for sale with an asking price of $995,000. The property has approximately 1.42 Acres. Search Portland real estate on daniellegates.bendpremierrealestate.com today.