Attention all investors and developers! This well-proportioned lot is nestled away from road noise on a flag lot, while being well located to amenities and public transportation. The lot is level and clear of trees. SC zoning has many permitted uses to include multifamily. See attached photo of 16-unit townhouse concept with a concept rendering, though cottage clusters or a bigger building might also do well on this property. Primary lot is 125' x 156'. Driveway/flagpole is 25' wide x 129'.
Property Details
Property Features
Listing Office:
Office Name: Windermere Realty Trust
Office Email: moreland@windermere.com
Listing Agent: Reuben Schug
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Flag Lot
Lot Size: 0.52 Acres
Other
Directions Information:
Directions: Go to the church at 130 NE 160th Ave, access lot through church parking lot.
Price Information
Listing Price Info
Price Summary:
List Price: $320,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Portland, OR.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 5:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
-
-
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,665
Per Month
Principal & Interest
$1,598
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,026
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Glenfair Elementary School
15300 NE Glisan St
Distance between this listing and this school0.54 miles
Public District Grades KG-5
4
/10
Parklane Elementary School
15811 SE Main St
Distance between this listing and this school0.57 miles
Public District Grades KG-5
1
/10
Alder Elementary School
17200 SE Alder St
Distance between this listing and this school0.59 miles
Public District Grades PK-5
Nearby Schools
5
/10
Oliver Middle School
15840 SE Taylor St
Distance between this listing and this school0.54 miles
Public District Grades 6-8
1
/10
Hauton B. Lee Middle School
1121 NE 172nd Ave
Distance between this listing and this school0.71 miles
Public District Grades 6-8
6
/10
Rockwood Preparatory Academy
740 SE 182nd Ave
Distance between this listing and this school1.06 miles
Public Charter Grades KG-7
Nearby Schools
3
/10
David Douglas High School
1001 SE 135th Ave
Distance between this listing and this school1.57 miles
Public District Grades 9-12
4
/10
Centennial High School
3505 SE 182nd Ave
Distance between this listing and this school2.02 miles
Public District Grades 9-12
1
/10
Reynolds Learning Academy
20234 NE Halsey St
Distance between this listing and this school2.06 miles
The neighbors living near this home have an average income of $38,409. The majority of Portland, OR residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About NE 162nd Ave
What is the listing price of this property?
The listing price of NE 162nd Ave property is $320,000.
What type of property is this?
The property NE 162nd Ave is land located in Portland, Oregon, 97230.
Is this property for sale now?
Active Listing: NE 162nd Ave is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at NE 162nd Ave in Portland, OR and zip code 97230 in the Rockwood neighborhood. This home sits on a 0.52 acre lot. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $320,000.
While more than 253 listings in Portland, OR in November 2024 were sold above asking price, there were more than 166 listings sold at asking price, and more than 320 were sold below. The number of listings in Portland, OR decreased by 11.9% between October 2024 and November 2024. In November 2024 median list price was $542,392 and the average listing age was 54 days.
From Rocket Homes Real Estate and based on county public records data.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
H&M
Burlington
Foot Locker
Boston Market
White Castle
Popeyes
Honda
Kia
Nissan
Rhythmic Contemporary Hits
Urban Adult Contemporary