5 months on rocket

NE 162nd Ave, Portland, OR, 97230

$320,000

0.52 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeMixed Use
MLS #24548612
Lot Size0.52 Acres
StatusActive

About NE 162nd Ave

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
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Housing Market Comparison

See how this home compares to others in Portland, OR.

Med. Sold Price

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

NE 162nd Ave vs Portland

155 DAYS ON ROCKET

+107 Days

$320,000

-$221.3K Less

KEY TAKEAWAY

This property is $221.3K less than the Median Sold Price in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24548612

Listing Office:

  • Office Name: Windermere Realty Trust
  • Office Email: moreland@windermere.com
  • Listing Agent: Reuben Schug

IDXThe 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.

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: 11/17/2024, 9:20:53 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

YEARPROP. TAXASSESSMENT
2020 - -

History based on county public records data.

Payment Calculator

$1,665

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,026

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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.

Nearby Schools

school-card-donut-437065
2
/10
  • Glenfair Elementary School

  • 15300 NE Glisan St

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-437066
4
/10
  • Parklane Elementary School

  • 15811 SE Main St

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-437067
1
/10
  • Alder Elementary School

  • 17200 SE Alder St

  • 0.59 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,409. Typical income of Portland, OR residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

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.

How much acreage is this property?

The property NE 162nd Ave is 0.52 acres.
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Rocket HomesOregonMultnomah CountyPortland97230NE 162nd Ave

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.

In October 2024 more than 298 listings in Portland, OR were sold above the asking price. During the same period more than 212 listings were sold at asking price, while more than 339 were sold below. The number of listings in Portland, OR increased by 4.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 48 days, the median list price was $541,309.

From Rocket Homes Real Estate and based on county public records data.

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