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167 NE 162nd Ave
PortlandOR 97230

$1,250,000
for sale
Tools
Brochure
Size
0.16 Acres
Exterior
Financial
$1,250,000
Change Currency
$974
Annual taxes
Listing Details
Multi Family
Property type
2022
Year Built
Wilkes
Schools
Wilkes
Elementary
H.B. Lee
Middle
Reynolds
High
10729873
Web Id
24266907
MLS ID
95
Days Posted

Description

167 NE 162nd Ave,
Portland, OR 97230

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.

This is an Active listing.

Broker Office Phone Number: 503-256-1112

Copyright © 2024Regional 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.

Amenities

  • Heat Pump
  • Composition Shingle Roof
  • Garage

Price History

datePricevariancetype
3/6/2024$1,250,000-Listed
Listing By: Georgetown Realty Inc. via Data Source: Regional Multiple Listing Services 
listing agent: John Mahaffy


Located at 167 NE 162nd Ave, Portland, Oregon 97230, this Multi Family is for Sale with a price of $1,250,000 USD. The property was built in 2022,. This listing encompasses a lot of .16 Acres. See all Homes for Sale in Portland.
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