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.
Sold
$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
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#: 24266907

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