202 Ne 162nd Ave, Portland, OR

$619,900

Previous Next

0.31

Acres

About 202 Ne 162nd Ave

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!

Features of 202 Ne 162nd Ave

MLS® # 149278024
Price $619,900
Bathrooms 0.00
Acres 0.31
Year Built 1941
Type Multi Family
Status Active

Community Information

Address 202 Ne 162nd Ave
Area 142 - Portland Northeast
City Portland
County Multnomah
State OR
Zip Code 97230

Amenities

Parking Garage
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No
# of Stories 1
Has Basement Yes
Basement Full Basement

Exterior

Exterior T-111 Siding
Lot Description Level
Roof Composition

School Information

Elementary Wilkes
Middle H.B. Lee
High Reynolds

Additional Information

Date Listed August 27th, 2025
Days on Market 62
Zoning SC
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAcquire Properties
Contact InfoWtesfa1@comcast.net

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?