For sale

$320,000

Est. $2,109/mo

Land

•

0.52

acre (lot)

NE 162nd Ave, Portland, OR 97230

About this home

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'.

Vacant landProperty Type

0.52 acresLot Size

$615,385Price/Acres

Listed by Reuben Schug • Windermere Realty Trust

Contact: reubenschug@windermere.com

Listing updated: Nov 12, 2026 at 12:12am

Redfin checked: 2 minutes ago

•Source:RMLS #24548612

Payment calculator

$2,109 per month

Principal and interest$1,746

Property taxes

$296

HOA dues

Home insurance

$67

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

REDFIN OPEN SAT, 11AM TO 1PM3D & VIDEO TOUR
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$1,197 HOA • Garage • Built 2001
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18502 SE Abernethy Ln, Milwaukie, OR 97267
0.5 acre lot • Garage • Built 1910
Tim Jackson • Premiere Property Group, LLC
OPEN SAT, 11AM TO 1PM
$435,000
3 beds2 baths1,618 sq ft
3242 SE 111th Ave, Portland, OR 97266
8,276 sq ft lot • Garage • Built 1951
Hannah Atherton • Urban Nest Realty
OPEN SAT, 11AM TO 1PM
$624,900
3 beds3 baths1,758 sq ft
12108 SW 13th Ct, Portland, OR 97219
0.24 acre lot • 2 garage spots • Built 1994
Miranda Klein • Urban Nest Realty
OPEN SAT, 12PM TO 2PM
$1,395,000
4 beds4 baths3,701 sq ft
2120 NE 32nd Ave, Portland, OR 97212
5,227 sq ft lot • Garage • Built 1932
Erika George • Living Room Realty
OPEN SAT, 1PM TO 4PM3D WALKTHROUGH
$559,000
4 beds3 baths2,752 sq ft
1400 SW 12th St, Troutdale, OR 97060
6,969 sq ft lot • 2 garage spots • Built 1997
Lauralie Jackson • Berkshire Hathaway HomeServices NW Real Estate
OPEN SAT, 1PM TO 3PM
$600,000
2 beds3 baths1,124 sq ft
2538 SW Custer St, Portland, OR 97219
Built 2026
Brian Eustis • Rarebird Real Estate
OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$675,000
3 beds4 baths1,433 sq ft
2536 SW Custer St, Portland, OR 97219
Built 2026
Brian Eustis • Rarebird Real Estate
REDFIN OPEN SAT, 2PM TO 4PM3D & VIDEO TOUR
$1,049,000
4 beds3 baths2,740 sq ft
1432 Greentree Cir, Lake Oswego, OR 97034
0.29 acre lot • 2 garage spots • Built 1977
Redfin
REDFIN OPEN SAT, 2:30PM TO 4:30PM3D WALKTHROUGH
$350,000
2 beds1 bath768 sq ft
8233 NE Going Pl, Portland, OR 97220
6,098 sq ft lot • Built 1949 • Listed 52 days
Redfin

Around this home

Schools

K - 12
Preschool & daycare

Glenfair Elementary School

Public K-5 • Assigned • 0.4mi

5/10

Hauton B Lee Middle School

Public 6-8 • Assigned • 0.7mi

2/10

Reynolds High School

Public 9-12 • Assigned • 4.6mi

1/10

Provided by GreatSchools

About

Rockwood

Rockwood, located between NE 162nd Ave and SE 242nd Dr, is a residential and commercial Gresham neighborhood with a MAX light-rail spine and a patchwork of parks. The neighborhood’s character concentrates around the Rockwood MAX Station at E Burnside St and NE 188th Ave, where storefronts, food counters, and everyday services line the corridor. Rockwood Market Hall and the Rockwood Community Development Corporation act as local anchors for small-business energy and community programming. Housing reads as mid-century ranches, apartment courts, and newer infill along wide arterials. Nadaka Nature Park adds wooded trails and a quieter edge. Burnside’s straight shot and the MAX tracks shape a practical, on-the-move rhythm.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Raw land with no existing structures
No view specified

Heating & cooling
No heating
No cooling

Sale and tax history for NE 162nd Ave

Sale History
Tax History

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Multnomah County

APN

R217903

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Nov 2, 2024.

R2.5

Residential 2,500 zone

The single-dwelling zones are intended to preserve land for housing and to provide housing opportunities for individual households. The zones implement the comprehensive plan policies and designations for single-dwelling housing and provide options for infill housing that is compatible with the scale of the single-dwelling neighborhood.

Permitted uses

Include but are not limited to:

Housing

Climate risks

Flood Factor

We're working on getting current and accurate flood risk information for this home.

Fire Factor

We're working on getting current and accurate fire risk information for this home.

3/10 Heat Factor

7 hot days expected this year, 15 days in 30 years

Wind Factor

We're working on getting current and accurate wind risk information for this home.

10/10 Air Factor

23 unhealthy days expected this year, 27 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97230

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

95/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 3% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.2 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for NE 162nd Ave

$302,065

$18K under list price of $320K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $310K to $435K.

SOLD OCT 29, 2026
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3 beds1 bath960 sq ft
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smaller lot
SOLD BY REDFIN JUN 18, 2026
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3 beds1 bath1,184 sq ft
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smaller lot
SOLD AUG 28, 2026
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4 beds3 baths1,632 sq ft
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finished basement
SOLD SEP 18, 2026
$375,000 Last sold price
3 beds2 baths1,134 sq ft
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smaller lot
SOLD APR 29, 2026
$380,000 Last sold price
3 beds2 baths1,044 sq ft
16016 NE Everett Ct, Portland, OR 97230
smaller lot
SOLD JUL 13, 2026
$310,000 Last sold price
2 beds1 bath796 sq ft
15725 SE Stark St, Portland, OR 97233
smaller lot

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Early Access listings

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New listings for sale in 97230

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Details provided by RMLS and may not match the public record. Learn more.

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