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  • $1,095,000

    167 NE 162nd Ave, Portland, OR 97230

    12beds
    5,000sqft
    Multi Family
    Built in 2022
    -- sqft lot
    $1,090,300 Zestimate®
    $219/sqft
    $-- HOA

    What's special

    Immerse yourself in the timeless elegance of this meticulously designed 2-year-old 4-plex. Each unit is a testament to fine craftsmanship and thoughtful architecture, ensuring both aesthetic appeal and lasting quality. With a solid 6.3% cap rate, this property promises not only a beautiful living space but also a lucrative investment opportunity. Watch your investment grow with every passing year. Conveniently located just 2 blocks from the light rail station and a mere 3 blocks from Trimet, commuting has never been easier. Enjoy the benefits of urban living while relishing the tranquility of a residential neighborhood. Every unit comes with its own garage, providing added convenience and security for tenants while enhancing the property's value. Take advantage of the 30-year fixed-rate loan at an attractive rate of 6 7/8%. Secure your investment with peace of mind and financial stability.

    Zillow last checked: 7 hours ago

    Listing updated: September 12, 2024 at 08:36am

    Listed by:

    John Mahaffy accounting@gtrealty.com,

    Georgetown Realty Inc.

    Bought with:

    Sammi Chen, 201209317

    MORE Realty

    Source: RMLS (OR),MLS#: 24266907MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 13
    • Full bathrooms: 7
    • Partial bathrooms: 6
    Heating
    • Forced Air
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 5,000
    • Total interior livable area: 5,000 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Garage
    • Garage spaces: 4
    Features
    • Stories: 3
    Lot
    • Size: 6,969 sqft
    • Features: Level, SqFt 7000 to 9999
    Details
    • Parcel number: R217902
    • Zoning: SC

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Cement Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: All Landscaping
    Location
    • Region: Portland

    HOA & financial

    Other financial information
    • Total actual rent: 9307

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Concrete
    Services availability
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    Estimated market value

    $1,090,300