167 NE 162ND AVE, Portland OR, 97230

Active

167 NE 162ND AVE

Portland OR, 97230

$1,250,000

Active

12 Beds

13 Baths

Multi-family

Built in 2022

Courtesy of Georgetown Realty Inc. [email protected]

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.

24266907

MLSⓇ ID

March 7, 2024

Listed

May 9, 2024

Updated

Map

167 NE 162ND AVE
Portland OR, 97230

Interior Features

Total Stories: 3
Bedrooms: 12
Total Bathrooms: 13
Full Bathrooms: 13
Fireplace: No
Cooling: Yes
Cooling Description: Heat Pump
Heating: Yes
Heating Description: Forced Air

Exterior/Building Features

Lot Size: 0.16 Acres
Lot Features: Level
Roof: Composition
Sewer: Public Sewer

School Information

High School: Reynolds
Elementary School: Wilkes

Other Property Details

Area Name: _142
Taxes: $974
Tax Frequency: Annually
Days on Market: 15
Garage: Yes
Garage Spaces: 4
Parking: Attached, Garage
Parking Total: 4
View: No
County: Multnomah
Water Source: Public Water
Pool: No
Zoning: SC
Buyer Agency Compensation: 2.5%

Courtesy of Georgetown Realty Inc., John Mahaffy
Listing Contact: [email protected]

All information provided is deemed reliable, but is not guaranteed and should be independently verified. Listing information is provided exclusively for consumers’ personal, non‐commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLS™. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Alomia Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 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 brokerage firms other than Keller Williams Portland Premiere are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers.

This content last updated on 5/9/2024, 12:05 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.