Portland Land for Multifamily
For Sale
$320,000
NE 162nd Ave, Portland, OR 97230
LAND - Portland, OR
Property SizeContact for details
Lot Size0.52 Acres
Days on Market822
Property Features for NE 162nd Ave
General Information
Property type
Land
Property subtype
Other
Zoning
SC
Subdivision
ROCKWOOD
Middle school
H.B. Lee
High school
Reynolds
Directions
Go to the church at 130 NE 160th Ave, access lot through church parking lot.
Standard status
Active
APN
R217903
Lot size
0.52 Acres
Taxes and HOA fees
Tax Description
MEYERMEAD, BLOCK 2, W 156' OF LOT 10, N 25' OF W 129' OF E 144' OF LOT 10
Legal Description
MEYERMEAD, BLOCK 2, W 156' OF LOT 10, N 25' OF W 129' OF E 144' OF LOT 10
Listing Agency:
Windermere Realty Trust · Windermere Real Estate
(503) 233-7777
Listed By:
Reuben Schug · License #200611244
(503) 754-1930
Added: May 6, 2024
Changed: May 19
Last Checked: Aug 5 at 4:06PM
MLS# 24548612
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-proportioned lot, suitable for investors and developers, is located away from road noise on a flag lot, while maintaining convenient access to amenities and public transportation. The lot is level and clear of trees. The SC zoning allows for many permitted uses, including multifamily developments. A 16-unit townhouse concept with a concept rendering is available, suggesting potential development options, though cottage clusters or a larger building might also be suitable for this property. The primary lot measures 125' x 156', with a driveway/flagpole area of 25' wide x 129'. The property is located in Portland, Oregon.
Key Highlights
- SC zoning allows for multifamily development.
- Level and clear lot, ready for construction.
- Concept rendering available for a 16‑unit townhouse development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
Explore this area
Business Placement
Demographics for 97230, OR
41,562
Population
17,190
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
13.9 sq mi
ZIP Area
2,990
Density / Sq Mi
$70,582
Median Household Income
$41,102
Median Earnings
$1,511
Median Rent
$435,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - Well-located Portland lot suitable for multifamily development.
Where is this land located?
The property is located at NE 162nd Ave Portland, OR.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: SC zoning allows for multifamily development.; Level and clear lot, ready for construction.; Concept rendering available for a 16‑unit townhouse development.
