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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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202 NE 162nd Ave , Portland, OR 97230
$579,000
Est. Payment: $2,911.31/mo
7 Bed
3 Bath
0 Sqft
Status: active | Days on site: 329
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Spacious duplex, ideal for owner-occupants looking to live in one unit and rent the other, or for savvy investors seeking a strong income producing property. Two well-maintained units: one featuring 5 bedrooms and 2 full bathrooms which was rented for $3100/month before, and the other 2 bedrooms and 1 bathroom. Enjoy off-street parking, double car garage, huge storage shop and access to a shared outdoor big backyard perfect for residents. Updates include roof, furnace, kitchen cabinetry, flooring, and fresh interior & exterior paint, ensuring move-in-ready convenience and long-term value. This property offers excellent development potential with 0.31 acres zoned for multifamily residential use, allowing the possibility to build up to 18 apartment units per city of Gresham buyers to verify all information. Located in a high-demand area close to public transportation, schools, and major shopping centers, this is an investment that offers both immediate income and future growth. Don’t miss out on this versatile and high-potential property! Ps. Seller requests to use OREF forms.

Highlights

Listed by Wally Tesfa , 503-267-7586 Acquire Properties , 503-267-7586. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.31

Year Built

1941

County

Multnomah

Area

142 - Portland Northeast

Listing ID

149278024

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:3
  • Full Bathrooms:3
Basement:Full Basement
Other:Public Water

Exterior Features

Lot:Level
Zoning:SC
Roof:Composition
Others:Approximately
Sewer:Public Sewer
Parking Features:Garage
Principal Interest
$2,911
Taxes
$375

Home Price

$579,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$115,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,911.31

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,911.31 $375.30 $0.00 $3,286.61
Yearly $34,935.71 $4,503.60 $0.00 $39,439.31
Total $1,048,071.17 $135,108.00 $0.00 $1,183,179.17

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-07-24T03:19:25.000Z

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