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  • $619,900

    202 NE 162nd Ave, Portland, OR 97230

    7beds
    3,342sqft
    : 
    Multi Family
    Built in 1941
    -- sqft lot
    $-- Zestimate®
    $185/sqft
    $-- HOA

    What's special

    Huge storage shopShared outdoor big backyardDouble car garageOff-street parking
    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!
    108 days
    |
    279
    |
    24
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2025 at 02:10am

    Listed by:

    Wally Tesfa Wtesfa1@comcast.net,

    Acquire Properties

    Source: RMLS (OR),MLS#: 149278024MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    • Laundry: Washer Dryer Hookup
    Features
    • Basement: Full
    Interior area
    • Total structure area: 3,342
    • Total interior livable area: 3,342 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Stories: 1
    Lot
    • Size: 0.31 Acres
    • Features: Level, SqFt 10000 to 14999
    Details
    • Parcel number: R113321
    • Zoning: SC

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • T111 Siding
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1941

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $185/sqft
    • Tax assessed value: $590,720
    • Annual tax amount: $4,503
    • Date on market: 8/27/2025
    • Listing terms: Cash,Conventional,FHA
    • Total actual rent: 1645
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    8/27/2025Listed for sale$619,900+37.8%$185/sqft
    Source: RMLS (OR) #149278024 Report a problem
    11/27/2018Listing removed$449,750$135/sqft
    Source: Georgetown Realty Inc. #18306003 Report a problem
    10/17/2018Price change$449,750+2.2%$135/sqft
    Source: Georgetown Realty Inc. #18306003 Report a problem
    10/15/2018Listed for sale$439,999$132/sqft
    Source: Georgetown Realty Inc. #18306003 Report a problem
    8/10/2018Pending sale$439,999$132/sqft
    Source: Georgetown Realty Inc. #18306003 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$4,760 +5.7%$248,040 +3%
    2024$4,504 +10.5%$240,820 +3%
    2023$4,075 +2.5%$233,810 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,701/mo
    Principal & interest
    $2993
    Property taxes
    $491
    Home insurance
    $217

      Climate risks

      Neighborhood: 97230

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Wilkes
      • Middle: H.B. Lee
      • High: Reynolds

      Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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